SALES: 603-882-4244
SERVICE: 603-889-1991

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SALES: 603-882-4244
SERVICE: 603-889-1991

Contact Us

Archive for December, 2014

Which Heating Fuel is Better?

Everyone is always asking us which fuel is better. Unfortunately, it is not an easy answer. The simplest fuel is electric heat. Heat up the wire and you have heat. The problem is the cost of operation.

The next is an air source Heat Pump. It does not need any fossil fuels, it does not need a chimney, is easy to install, and under the right installations, it can be efficient. The problem is it needs backup heat which is usually electric making this system very expensive to operate.

Oil furnaces and boilers are making strides into efficiency and comfort. With boilers up to 90% and furnaces up to 87% if oil is your only option, you have some choices.

Propane gas is another option if natural gas is not available. The equipment is up to 98% efficient, it offers a wide range of features and benefits and because of the technology, they are the most comfortable heating system available.

The best system is natural gas. It is the least expensive heat source, the equipment is up to 98% efficient, it offers a wide range of features and benefits and because of the technology, they are the most comfortable heating system.

A nice comprises for oil or propane users are a duel fuel system. It is a combination of fossil fuel for the extremely cold days and a heat pump for the moderately cold days.

The chart below shows the cost of the different fuels and the cost after the efficiency are applied.

Prices are NH average from the Office of Energy & Planning     Equivalent Price
12/8/2014         Equivalent Price Equivalent Price   Per 1,000,000 BTU
Delivered Fuel Costs:         Per 140,000 BTU Per 1,000,000 BTU AFUE Adjusted for efficiency
Natural Gas old system $1.52 per therm 100,000 BTU/therm $2.13 $15.20 60% $25.33
Natural Gas new system $1.52 per therm 100,000 BTU/therm $2.13 $15.20 95% $16.00
Propane old system $3.30 per gallon 92,000 BTU/gallon $5.02 $35.87 60% $59.78
Propane new system $3.30 per gallon 92,000 BTU/gallon $5.02 $35.87 95% $37.76
Oil Heat old system $3.11 per gallon 140,000 BTU/gallon $3.11 $22.21 60% $37.02
Oil Heat new system $3.11 per gallon 140,000 BTU/gallon $3.11 $22.21 80% $27.77
Oil Heat SYSTEM 2000 $3.11 per kWh 140,000 BTU/gallon $3.11 $22.21 90% $24.68
Electricity $0.20 per kWh 3,413 BTU/kWh $8.20 $58.60 1 $58.60
Electricity Heat Pump $0.20 per kWh 3,413 BTU/kWh $8.20 $58.60 3 $19.53

How are prices set?

Almost every day, somebody asks “how much will this air conditioner or that heating system cost?” The answer might surprise you. Most people think that we buy a unit, pay the guys to install it and that is the price. This covers about 2/3rds of the cost.

Some of the expenses that not seen are:

  1. Insurance  – workman’s comp, liability, and trucks.
  2. Trucks  – purchase, maintenance, gas, and tires.
  3. Specialized Tools  – gauges, meters, pumps, Reclaimers, power tools, leak detectors, monoxide detectors, ladders, and hand tools.
  4. Office  – Rent, clerical, phones, heat, lights, computers, office supplies, Accounting, payroll, legal, and mail
  5. Taxes  – Federal, State, and property.
  6. Licenses  – Gas, OHSA, Sheet Metal, Nate, EPA, lead, CSST, underground, and various manufactures.
    Training  – Product updates, service updates, new equipment, software.
  7. Materials  – solder, duct seal, duct tape, wire ties, misc. gases , cleaning products, misc. electrical supplies, piping, wiring, and detectors.
  8. Labor  – vacation, sick time, paid holiday, and school.

At Joyce Cooling & Heating Inc., we strive to keep these costs as low as possible to insure you are getting value for you dollar while maintaining the quality you expect.