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Wood boiler heating systems intelligently engineered by TARM USA

Fuel Costs Comparison

Wood boiler heating systems intelligently engineered by TARM USA Wood boiler heating systems intelligently engineered by TARM USA

Dollars per Million Btus


Fuel Type

Low

Price Range

Medium

Price Range

High

Price Range

 Cord Wood@80%

Efficiency in a Tarm Boiler

20 million/Btu cord@ 20% moisture mixed

Northern Hardwoods
16 million Btu/Cord Net Output

 

7.81/mil Btus

@

$125.00 / cord

 

$9.38/mil Btus

@

$150.00 / cord

 

$12.50/mil Btus

@

$186 / cord

 

Wood Pellets@87.5%
Efficiency in a Tarm Boiler
8200Btu/lb@6%Moisture Content
7,175 Btu/lb Net Output

 

$12.54/mil Btus

@

$180.00 / ton

 

 

$15.33/mil Btus

@

$220.00 / ton

 

$18.82/mil Btus

@

$270.00 / ton

Corn@87.5%
Efficiency in a Tarm Boiler
 6800 Btu/lb@15.5% Moisture Content
5,950 Btu/lb Net Output

 

$7.50/mil Btus

@

$2.50 / bushel

 

 

$11.25/mil Btus

@

$3.75 / bushel

 

$15.00/mil Btus

@

$5.00 / bushel

NO2 Fuel Oil@85%
Efficiency 138,000Btu/Gallon
117,300 Btu/Gal Net Output

 

$19.18/mil Btus

@

$2.25 / Gal

 

 

$21.31/mil Btus

@

$2.50 / Gal

 

$25.58/mil Btus

@

$3.00 / Gal

Natural Gas@85%
Efficiency 100,000Btu/ Therm
85,000 Btu/Therm Net Output

 

$14.12/mil Btus

@

$1.20 / Therm

 

 

$16.47/mil Btus

@

$1.40 / Therm

 

$21.16/mil Btus

@

$1.80 / Therm

Propane@85%
Efficiency 90,000Btu / Gal
76,500 Btu/Gal Net Output

 

$29.41/mil Btus

@

$2.25 / Gal

 

 

$32.68/mil Btus

@

$2.50 / Gal

 

$39.22/mil Btus

@

$3.00 / Gal

Electricity@100%
Efficiency 3412Btu / KWH

 

$14.65/mil Btus

@

$.05 / KWH

 

 

$29.30/mil Btus

@

$.10 / KWH

 

$43.96/mil Btus

@

$.15 / KWH


Total Annual Fuel Costs



Small House or Very Good Insulation

In a Cold Climate

50 million Btus used per Heating Season*

Medium House or Good Insulation

In a Cold Climate

100 million Btus used per Heating Season*

Large House or Poor Insulation

In a Cold Climate

150 million Btus used per Heating Season

Fuel Type

High $

 Range†

Mid $

Range†

Low $

Range†

High $

Range†

Mid $

Range†

Low $

Range†

High $

Range†

Mid $

Range†

Low $

Range†

Cord Wood

$562.50

 

$468.50

$375.00

$1125.00

$937.00

$750.00

$1687.00

$1312.00

$937.50

Wood Pellets

$789.00

 

$645.50

$574.00

$1578.00

$1291.00

$1148.00

$2367.00

$1936.50

$1722.00

Corn

$771.00

$578.50

$385.50

$1542.00

$1157.00

$771.00

$2313.00

$1735.50

$1156.50

 

Oil (#2 Fuel Oil)

$815.00

 

$556.50

$385.00

$1631.00

$1133.00

$770.00

$2446.50

$1699.50

$1155.00

Propane

$1250.00

 

$868.00

$625.00

$2500.00

$1736.00

$1250.00

$3750.00

$2083.50

$1875.00

Natural Gas

$875.00

 

$625.00

$375.00

$1750.00

$1250.00

$750.00

$3375.00

$2250.00

$1125.00

Electricity

$2198.00

$1465.00

$732.50

 

$4396.00

$2930.00

$1465.00

$6594.00

$4395.00

$2197.50

 

 

*The energy consumption levels for the three homes described are based on a 1997 US Department of Energy Survey Entitled “A Look at Residential Energy Consumption in 1997”.  The survey compiled energy use data for five regions of the United States based on heating degree days.

 

Total Btu consumption per household where end use is space heating was as follows:

 

Heating Degree Days

>7000

5500-7000

4000-5499

<4000

>2000 +

Energy Consumption Million Btus / Heating Season

79.4

78

58.3

27.9

21.9

 

 

Most Tarm Boilers are sold through the Cold Climate Range (5500 HDD – 7000 HDD) or Severe Cold Climate Range (>7000 HDD).  The Cold Climate Range runs roughly between the 35th and 45th parallel.  The Severe Cold Climate Range consists of areas roughly north of the 45th parallel.  In the United States only the Northern Tier states and Northern New England are in the Severe Cold Climate Region.  There can be large variations in heating demand in either of these two regions. It may be possible to find the actual heating degree days for your area by consulting your local utility.

 

 

Data Compiled by Scott W. Nichols for Tarm USA, Inc.