Comparison of heating costs for single dwellings
with new equipment

Electricity	Natural gas	Oil
Baseboards / strip heater / electric boiler	Furnace / boiler with atmospheric burner	Furnace / boiler
2 311 $ / year*	1 820 $ / year*	1 914 $ / year*

* 1. A price for heating oil of 42.9 cents per litre was used for the calculations.
* 2. Costs are based on an area of 150 square metres
* 3. Annuals heating costs are calculated for new equipment.

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Comparison of heating costs between electricity and oil

Electricity	Oil
Enter the amount of  kWh used in a year and press Calculate	Annual heating cost with oil
In your case, it represents	Annual heating cost with electricity (for comparison) (3*)

* 1. A price for heating oil of 42.9 cents per litre was used for the calculations.

* 2. 65% of electricity is use for heating

* 3. Calculated at  0,0597 $/kWh