There is a wide range of products and prices for fuel to heat your home. And it can be confusing to compare such a wide variety of products. It often feels like comparing apples to oranges. Different, but both fruity.
To take the guess work out we break it down into how much it costs for a Million BTU's. BTU is a measure of heat. So in 2010, and into the winter of 2011, in our area of Ohio the prices broke down like this:
Fuel Oil $20.17
LP gas (Propane) $26.00
Electric Furnace $20.51
Electric Heat Pump $10.26
Natural Gas furnace $10.76
Corn $ 9.00
Hardwood $ 3.30
Obviously, these prices are conditional and always changing. But it gives you at least an idea and a beginning point on which to capare.
It's pretty obvious that oil, propane, and electric furnaces are the most expensive ways to heat your home by far.
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