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 Post subject: How much does it cost to heat your home?
PostPosted: December 29th, 2008, 9:39 pm 
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A friend and I are having a disagreement about heating bills. We need to know how much the average home costs to heat in PEI. I realize that there are lots of variables, but if you could give me an idea of the price you pay for a year of heat that would be awesome.

I'm thinking it costs about $2,400 a year. He says much less. We both live in apartments and have never paid for heat.

How much does a tank of oil cost and how many times do you need to fill a tank in a year?

Oh, and how big/old your house is and if you use just oil or wood too... etc.

Thanks :)


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PostPosted: December 29th, 2008, 10:00 pm 
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can tell you when i get the statement... but about 3000 liters .. hard to go buy dollars witht he fluctuations.

thats all oil, heating 2200 sq ft.

you fill your tank when it needs it..depends on your usage... more showers/hot laundry/heat, more oil you use.

less insulation /more drafts.... more oil you use.

each house/family is unique.

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 Post subject:
PostPosted: December 29th, 2008, 10:06 pm 
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I'm terrified to see my heating bills, as I will have electric heat in the new house... :-(


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 Post subject:
PostPosted: December 29th, 2008, 10:12 pm 
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redhead27 wrote:
I'm terrified to see my heating bills, as I will have electric heat in the new house... :-(


Ouch. At about 17 cent a kwh, it would be cheaper to heat with ballsweat from oscar winners.

Based on Pics we`ve seen...what...About $3,600?

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Last edited by Ed The Sock on December 29th, 2008, 10:36 pm, edited 1 time in total.

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 Post subject:
PostPosted: December 29th, 2008, 10:14 pm 
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Hi Linetwig! 3000 L doesn't sound like a whole lot to heat a 2,200 square foot house. Is your home fairly new? Are you conscious and frugal about heating expenses?


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PostPosted: December 29th, 2008, 10:14 pm 
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Ed The Sock wrote:
redhead27 wrote:
I'm terrified to see my heating bills, as I will have electric heat in the new house... :-(


Ouch. At about 17 cent a kwh, it would be cheaper to heat with ballsweat from oscar winners.


:shock:


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 Post subject:
PostPosted: December 29th, 2008, 11:36 pm 
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I burned about a half tank of oil in my mini home last year, but my electricity last month was $200. 8)


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 Post subject:
PostPosted: December 29th, 2008, 11:40 pm 
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$2400 a year sounds low to me if it is a 2 storey house. Mini-homes are great on oil. One tank a year I hear.


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 Post subject:
PostPosted: December 29th, 2008, 11:46 pm 
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Yes on average, but bear in mind electric hot watter can be from 30 to 55 depending on how much you use.
Last two years we have been using one of those electric stoves, hence the half tank last year, But then that factors in another 50 to 60 a mont for 4 months on the electricity.

When did electricity jump to over 16 cents a kwh, as per my latest bill? Last time I looked before that it was 11 something. Was it recently?


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 Post subject:
PostPosted: December 30th, 2008, 6:12 am 
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MDB1979 wrote:
Hi Linetwig! 3000 L doesn't sound like a whole lot to heat a 2,200 square foot house. Is your home fairly new? Are you conscious and frugal about heating expenses?

that was just a geuss. my be more/less, more likely more. house is 4 years old, programmable thermostats.

was told by my burner man to figure on 3 tanks/year. dont think hes far off the mark.

will check later today.

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 Post subject:
PostPosted: December 30th, 2008, 7:40 am 
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Considering the house is only 4 years old that could be right!


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 Post subject:
PostPosted: December 30th, 2008, 8:04 am 
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When heating oil was 1.40 3000 litres probably seemed like a lot! :wink:

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 Post subject:
PostPosted: December 30th, 2008, 8:34 am 
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greenspree wrote:
When heating oil was 1.40 3000 litres probably seemed like a lot! :wink:


Wow, I had no idea it was so high! What is the current cost per L?

I did a quick search but didn't find it!


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 Post subject:
PostPosted: December 30th, 2008, 8:38 am 
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I think it is 70.1 cents/litre

IRAC


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 Post subject:
PostPosted: December 30th, 2008, 10:35 am 
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It really depends on a lot of factors. Two winters ago it cost us $2000. Last winter about $250. We got our chimney liner replaced ant already had 5 cord of wood in the barn. This year we'll be using a bit more oil and figure about $500-$750 plus wood.

The year we used oil alone it was about 3200 litres. We're in a 1700 sq/ft 2 story century home.


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 Post subject:
PostPosted: December 30th, 2008, 1:35 pm 
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2300 sf split-entry, 7 years old, infloor heating in lower level and hotwater circulation heating system, 4 adults.....

Previous Year Volume 2886.2 L
Previous Year Total Cost $2608.96


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 Post subject:
PostPosted: December 30th, 2008, 5:03 pm 
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for the year 07/

2359 liters. :shock: , total $$$ was 1753.00 :shock:

i dont know why, but i was sure we were about 1000 liters more then that, or maybe even more.

works out to 2.6 tanks a year.

place is easier to heat then i thought. damn, i was sure we burnt more oil...

geuss maybe i can take the ski doo suit off and turn the heat up a wee bit.

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 Post subject:
PostPosted: December 30th, 2008, 5:06 pm 
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Hmmm. That sounds pretty good! I think it's pretty much in line with what I was thinking initially. I guess I thought people used more oil, but that it cost less per liter. You learn something new everyday!


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 Post subject:
PostPosted: December 30th, 2008, 7:03 pm 
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I have a bungalow open basement about 80 by 30 and i use 240 gallons of oil a year. Now wood is a different story i go through about 9 chord a year at a cost of about 1,590.00 that was last year price went up this year.

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 Post subject:
PostPosted: December 31st, 2008, 5:31 pm 
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Location: God's Country
We burn approximately 1 tank of oil a year and burn a combination of wood and sawdust. We haul the sawdust ourselves and it's free, and we cut our own wood. So other then the gas to haul the stuff back and forth just minor additional costs. Our house is 3 years old, two story and unfinished basement (around 3000 square feet). We keep the first floor around 23, second floor 19 and the basement around 17. We use infloor radiant heat.


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