Heating Cost Calculator
Heating Cost is evaluated from Home Size, Annual Heating Degree Days and Home Insulation Level. The calculation reports Annual Heat Load, Annual Fuel Used and Estimated Annual Heating Cost.
Results
About the Heating Cost Calculator
The calculator uses a multi formula configuration. Each reported value is read as a direct evaluation of the stored rules with the declared field formats and units.
Formula basis:
Heat load = UA x HDD x 24 BTU/year
Where UA = floor area x 0.5 BTU/hr/ degF/sq ft / insulation multiplier
Fuel cost = heat load / system efficiency / fuel energy content x fuel price
Interpret the outputs in the order shown by the result fields. Optional inputs affect only the outputs that depend on those variables.
Formula & How It Works
The calculation applies the following relations exactly as recorded in the metadata: Heat load = UA x HDD x 24 BTU/year Where UA = floor area x 0.5 BTU/hr/ degF/sq ft / insulation multiplier Fuel cost = heat load / system efficiency / fuel energy content x fuel price Each output field is produced by substituting the supplied inputs into the relevant relation and then applying the declared rounding or text format.
Worked Examples
Example 1: 2,000 sq ft home, Chicago (6,500 HDD), average insulation, natural gas at $1.20/therm
Inputs
With Home Size = 2,000, Annual Heating Degree Days = 6,500, Home Insulation Level = 1 and Heating Fuel = gas as the stated inputs, the result is Annual Heat Load = 156 MMBtu/year, Annual Fuel Used = 1696 therms/year and Estimated Annual Heating Cost = $2,035/year. Each value corresponds to the declared output fields.
Example 2: 1,500 sq ft home, Boston (6,500 HDD), below-average insulation, heating oil at $3.50/gal
Inputs
With Home Size = 1,500, Annual Heating Degree Days = 6,500, Home Insulation Level = 0.7 and Heating Fuel = oil as the stated inputs, the result is Annual Heat Load = 167.1 MMBtu/year, Annual Fuel Used = 1425 gallons/year and Estimated Annual Heating Cost = $4,987/year. Each value corresponds to the declared output fields.
Example 3: 3,000 sq ft home, Minneapolis (8,000 HDD), good insulation, heat pump at $0.14/kWh (Xcel Energy)
Inputs
With Home Size = 3,000, Annual Heating Degree Days = 8,000, Home Insulation Level = 1.6 and Heating Fuel = heatpump as the stated inputs, the result is Annual Heat Load = 180 MMBtu/year, Annual Fuel Used = 17586 kWh/year (heat pump) and Estimated Annual Heating Cost = $2,462/year. Each value corresponds to the declared output fields.
Example 4: 2,500 sq ft home, Dallas (2,500 HDD), above-average insulation, propane at $2.50/gal
Inputs
With Home Size = 2,500, Annual Heating Degree Days = 2,500, Home Insulation Level = 1.3 and Heating Fuel = propane as the stated inputs, the result is Annual Heat Load = 57.7 MMBtu/year, Annual Fuel Used = 701 gallons/year and Estimated Annual Heating Cost = $1,751/year. Each value corresponds to the declared output fields.
Common Use Cases
- Estimate annual home heating costs by fuel type
- Compare gas vs. electric heat pump vs. oil heating costs
- Calculate impact of insulation improvement on heating bill