Fuel Oil
Is it worth it for me to switch from heating fuel oil to propane?
How do I calculate this out I currently heat my home and hot water with fuel oil. I know gallon for gallon propane is cheaper but fuel oil also has alot more BTU's per gallon. How can I calculate which will be cheaper?
I've been in the propane business for 20 years. This is the first time I've ever seen oil costing more than electricity to heat a home!
Right now, in the greater Toronto area, for every dollar you spend on electricity for home heat you would spend $1.37 for oil and just under a dollar for propane.Natural gas would be only $0.57!
You aren't going to use 2 or 3 times the fuel going from oil to propane. If you install good, high efficiency appliances you probably wont use much more volume of fuel than you were with your older less efficient oil appliances. There is less btu's in propane than oil, but it's not that drastic a difference.
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