The consumption estimates below only account for estimated space heating needs, total household consumption and expenditures will be higher due to other energy uses, such as water heating, appliances, lighting, and other uses. Estimates of energy prices for heating fuels during the 2022/23 winter heating season. I keep the temperature 70-71 degrees during the day with a set back of 64 degrees at night, and 68 degrees on second floor for part of the day. what brickeyee said x2add to blower door test, duct testing.mastic & mastic tapenot foil orduct tapes makes a lot of difference.don't forget to seal return air along withducts & supply box penetration into living space. The house I am currently living is about $80 per month on a monthly budget plan for 1500 sq ft for 3 occupants. What Is the Average Cost Per Therm of Natural Gas? That was with a 91% furnace (your new home probably has 80), adding back 10% (for 80% furnace-just a guess on the cost) brings it to $1180, which is about $100/month on a plan. The estimate in the pre-season report was $4.25/gallon based on the historical relationship between crude oil and residential heating oil prices. Our winter bill runs about 700-800 bucks a month (thanks con-ed). The distribution company will then transmit generation charges to the chosen competitive supplier. However, natural gas burns hotter or cooler depending on its precise chemical makeup. A BTU, or British Thermal Unit, is the quantity of heat required to raise the Boston area households paid an average of 29.1 cents per kilowatt hour (kWh) of electricity in October 2022, up from 22.8 cents per kWh in October 2021. Therefore, an MCF (one thousand cubic feet) is equal to 1,028,000 BTUs. The MA DPU provides more information regarding electric Basic Service Rates by service territory here. Based on this methodology, DOER is using a projected propane price of $3.79/gallon in the 2022/23 winter season. Figure 2: Cost to Produce Heat this Winter (2022/23) for Different Technologies. According to an IHS study, 800 trillion cubic feet of natural gas can be developed for around $3 per cubic foot, and America consumed 27.5 trillion cubic feet of natural gas in 2016. Now to calculate MMBTU, you have to multiply this GCV to consumed units in Hm3 and divide by 281.7358. If it is a newer high efficiency model the combustion air intake should be plumbed to outside. A colder winter causes an average home to use more fuel and spend more, while a milder winter may mean households use and spend less. 2022 - 2023 Times Mojo - All Rights Reserved According to the United States Energy Information Administrations (EIA) August Short-Term Energy Outlook (STEO), energy prices and supply levels are experiencing heightened uncertainty resulting from Russias invasion of Ukraine, the production decisions of OPEC+ countries, U.S. oil and natural gas production, and inflation.
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