|Energy Source||System / Efficiency||Value Per $0.01 spent|
|New Furnace (96%)||980 BTUs|
|Old Furnace (60%)||612 BTUs|
|#2 Fuel Oil|
|New Furnace (80%)||534 BTUs|
|Old Furnace (60%)||400 BTUs|
|New Furnace (96%)||845 BTUs|
|Old Furnace (60%)||528 BTUs|
|New or Old (100%)||228 BTUs|
You live in a home with electric baseboard heat and you're considering installing a 96% gas forced air system. With gas at 980 BTUs/penny and electricity at 228 BTUs/penny, your heating bill would be about 1/4 of what you are paying now.
You are considering replacing your old oil furnace with a 96% gas furnace. With gas at 980 BTUs/penny and oil at 400 BTUs/penny, your heating bill would be less than half of what you are paying now.
This chart was based on Chippewa Valley area utility rates as of 04/14/2016. "Old Furnace" efficiencies offer an average comparative value, and may not reflect the efficiency of the furnace in your home.