Posts Tagged ‘calculate’

Calculate potential outdoor furnace energy savings

admin | July 7th, 2010 | No Comments »

One of the first things you should do before purchasing an outdoor furnace is to calculate your energy costs. Take these numbers and compare them to the potential costs of installing and running an outdoor furnace and we think you’ll find that the the financial benefit is there. And of course, the environmental benefit is a given.

For the calculation, you’ll need to know the amount of heat created or used in your home or business. It’s is measured in BTU’s. An average home uses 200,000,000 BTU’s of total energy for heating per year. Approximately 25% of that number is exclusively for hot water. Depending on your appliances, you could be higher or lower. Also, with how your home is insulated, the types of windows, etc, you may use more or less energy. However, using the average home and based on this total consumption, the following amounts of fuel would be required to produce 200,000,000 BTU’s.

Heating Method Annual Requirements Cost Per Unit Total Annual Cost
Electricity
58,600
$0.08
$4,688
Propane
8,264
$0.89
$7,380
Fuel Oil
5,509
$0.54
$2,947
Natural Gas
5,665
$0.21
$1,207
Wood (Birch)
8.5
$75.00
$638

The data above was provided by outdoorfurnaces.org and all the prices are in Canadian funds. However, using simply math in a chart like this spefic to the costs in your area, you’ll get a good idea of your potential savings.