Table of Content
So urbanites could afford to pay slightly above cost, in order to have the rural parts of the province electrified. The price of a kWh of electricity in eastern Muskoka, where my cottage is, is 29.5 cents per kWh (based on 945 kWh used over three months last summer; total owing was $279.49). Yes—same product, from the same electricity grid and same generation sources, but it costs 55 percent more in eastern Muskoka—poortown Ontario—than it does in relatively affluent Ottawa.
Local Energy Costs – Electricity and propane rates vary seasonally and regionally and are affected by national and international market trends. Depending on where you live, electricity may be a lot lower than the cost of fossil fuel, or vice versa. Take the time to evaluate average electrical retail prices and propane prices in your area or contact your energy provider for the most current rates. Prices for utility-delivered natural gas and electricity are regulated, and therefore change slowly and tend to ride over the short term ups and downs of the petroleum market. However, both heating oil and propane are made from oil, and their unregulated prices can change overnight with supply, weather, world political climate, and stock market changes.
Heating Cost Calculator | Oil vs. Gas vs. Propane vs. Electricity Cost
But he has to contend with the market, and that market has priced him out of electric power from the grid. Most home insurance companies have concerns about the storage tanks that are required for oil heating, which means switching to propane might save you money on your premiums. Prices for a new high-efficiency propane furnace, including installation, usually range from $3,500 to $6,000. Alternatively, replacing an existing oil furnace costs $2,500 to $6,000. Alternatively, replacing an existing electric furnace costs $1,900 to $5,600. A high-efficiency propane furnace reduces operating costs by 10% to 18% compared to a standard-efficiency furnace.
A propane boiler, also known as hydronic heating, is a form of radiant heating that uses tubing to run a hot liquid beneath your floor, along baseboard heaters, or through radiators to heat your home. The most efficient propane boilers are 95% efficient or greater. They are versatile enough to provide your home’s heat, hot water, and even melt snow and ice through heated sidewalk or driveway systems!
Converting from Oil or Electric Can Increase Costs
Hence the high prices for electrical energy shown in the table above, relative to the prices for heat and transportation energy. You can generally expect a new propane furnace to have a lifespan of 16 to 20 years, and it could be even longer, especially with regular maintenance and proper service. Most potential homeowners will see an oil tank the same way that insurance companies do—as a liability. Even if selling your house isn’t in the cards right now, you could still increase the appeal—and potentially the value—for down the road by making the switch from oil to propane. Furthermore, propane prices can fluctuate seasonally as demand increases in winter and decreases in summer. The cost of propane can fluctuate not only from province to province, but also from city to city.
Immediately contact your propane supplier if you detect the odour of propane. If the odour of your propane gas is weak, or your sense of smell is impaired, call your propane supplier should you suspect that a propane leak exists. Ensure that you know the proper procedures for turning the propane supply on and off. You must also be aware of what to do in the event of an emergency involving propane fuel. Children should be kept away from propane shut-off valves, propane supply lines, and propane appliances.
Energy News
As Canada’s largest propane supplier, Superior Propane uses our buying power to secure competitive prices and reliable propane supply for all of our customers. Superior Propane makes it easy to manage your budgeting and offers two price plans, variable and fixed. To simplify your budgeting we also offer an equal payment option to spread your propane costs over 12 months.
Superior Propane makes no guarantees regarding the accuracy of the information provided or the outcome of the calculations. Prices for other fuels are representative of a period in time and are subject to change by those providers. Complete the form and we will contact you shortly with the pricing, installation or service information you need.
So, your propane price varies as the cost of propane changes. Other factors such as agricultural demands, exports, pipeline traffic and more can also affect prices. As one of the largest propane distributors, Superior is able to secure high-volume pricing throughout the year, as well as offer a more reliable supply. Wood pellets/pellet stoves are the new woodstoves basically.
Your price may be higher or lower depending on where you live and how much propane you use annually. Include all charges that do not change on a per unit basis. There’s no doubt that electricity uses up some of the Earth’s natural resources. However, some energy companies in Texas are more eco-friendly than others, using different sources of power and dispersing different amounts of emissions into the environment. Nuclear and renewable can’t be out only source currently until we have a good energy storage solution. Nuclear cannot be easily ramped up and down to meet energy demands and wind/solar is unpredictable.
This annual service will keep your furnace in top shape, help extend its life, and ensure it works as efficiently as it can. Both types of heating systems will need regular maintenance checks to maintain them and ensure proper working order. Meanwhile, the Alberta government has introduced a rebate program to help people pay their energy bills. The Propane Association says it's hoping Ontario can introduce something similar to help customers deal with the price hikes.
Pretty much just giant space heaters but they do a good job even at heating a large house depending on what you get. The price of heating with pellets seems to be a bit cheaper than propane with seemingly steady prices over the last few years. After a hydro bill this summer of $500 per month for a 1500 square foot home… we are looking for natural gas or diesel generator systems.
On Friday, the 19th annual 'Cans for a Cause' event returned to Windsor, Ont.’s Devonshire Mall, and according to organizers, it was their best year yet. The community of Windsor rallied together and raised a total of 36,024 cans of food and $38,200 in donations. Thousands of people remained without power Saturday morning after a major winter storm passed through eastern Ontario and western Quebec. Norfolk County Ontario Provincial Police are looking for a driver who crashed into a pole and gas line Saturday morning and fled the scene on foot. In a statement to CTV News Toronto, Teresa Crosato, senior manager of marketing communications with Superior Propane, said the price increase is the “reality” across the energy sector.
The cost to cap a gas line is $75 to $150 to prevent leaks. Reviewed and approved on June 15, 2021, by Tom Grupa and 12 expert furnace installers on HomeGuide. At Bryan’s Fuel, we believe that our customers should have access to the most up-to-date information on our products and services to help them make informed decisions. This is why we provide our customers with updated daily propane pricing.
Propane has historically been less expensive than electric heat, but the price difference has narrowed considerably. Supply shortages and refinery closures have wreaked havoc on propane prices. While natural gas may still be more affordable in some areas of the country, the general trend toward electrification makes looking for other options a smart financial choice. The most cost-effective propane furnace size needs 20 to 60 BTUs per square foot, depending on the climate zone. An average 1,600- to 2,600-square-foot home needs a 40,000- to 130,000-BTU gas furnace. The home’s size, climate zone, and insulation determine the furnace size needed.
The list will help you decide if changing fuels is a good idea, or if increasing the efficiency of the heater you buy is a good idea. If you have natural gas , that is the way to go, but if not, consider a heat pump – the new, very efficient units can heat for 2/3 of more standard heat pumps shown on the list. And call us to make your house as comfortable as possible before you buy a heater – you may find you can buy a smaller one when we are finished.
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