Heating Cost Calculator

Energy Rates
Equipment Efficiency
$/KW
$ Per 100K BTU
$/L
$ Per 100K BTU
$/L
$ Per 100K BTU

Electricity and Propane pricing information provided by Efficiency Nova Scotia ™ effective April, 2023.

Oil pricing information provided by YCharts effective November, 2023.

Note:

There are additional factors to consider based on your fuel choice.

  • Oil: Chimney maintenance, increased insurance premiums, environmental impacts, delivery charges, oil tank replacements
  • Propane: Delivery charges, tank replacements and rentals
  • Electric: Delivery charges
Fuel
$ Annually
$ Tank Lifespan*
Electric
Oil
Propane
*Average hot water tank lifespan is 8-12 years (Calculator uses 10 years)
Home Heating Expense
Variations in heating requirements will alter vastly from home to home. "Medium Heat Loss" is based on 50 Million BTUs a year.*
Fuel
$ Annually
$ 10 Years
Electric
Oil
Propane
*A 200 Gallon oil tank contains about 27 million BTUs (23 Million usable on an 85% efficient furnace). Thus "Medium Heat Loss" is based on approximately 2 oil tank fills per heating season.
INFORMATION ONLY

This calculator and website are provided for information only. This calculator has been published with the intention that it will be useful, but without warranty, implied or explicit, of fitness for purpose. This calculator should not be considered as providing a definitive diagnosis or a recommendation to adopt any specific action or treatment. The information generated by this calculator is not a substitute for professional advice provided by a qualified plumber or other contracting professional.

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