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Oct 16, 2023 · Estimate the heating cost in your state, for Oil, Natural Gas, Propane, and Electricity, using a Hot Air Furnace, Boiler (standard & condensing), Air Source & Geothermal Heat Pump. You will get a full season cost of heating your home, cheapest fuel for your heating system type, as well as estimated prices for replacing / installing a new ...
May 23, 2024 · What are the Average Heating Costs per Month in Canada? On average, Canadians spend about $135 monthly to keep their homes warm. Heating a home with natural gas costs about $160 during the colder months, while electric heating is a bit cheaper at $110 per month.
Comparison of Heating Costs in Ontario. A rule of thumb guide to help Ontario homeowners choose the lowest cost way to heat their homes. Of course how you choose to help your home will depend on what fuel types you have available in your home and also the cost of installation and what existing equipment you have.
Calculation of the annual cost of heating with oil: 2,000 litres of oil consumed x $0.91** = $1,820 (your annual oil bill) Comparing the cost of heating with oil and with natural gas, taking into consideration the furnace’s fuel efficiency: 2,000 l of oil x 70% efficiency = 1,400 l used for heating.
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Compare approximate annual space heating costs for natural gas, renewable natural gas, propane and heating oil for typical homes in your area.