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Calculated by AGA, based on DOE energy cost estimates.
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Heating Equipment Type |
5000 Heating Degree Days |
80% AFUE Gas Furnace |
$872 |
94% AFUE Gas Furnace |
$694 |
80% AFUE Propane Furnace |
$1,588 |
94% AFUE Propane Furnace |
$1,300 |
80% AFUE Oil Furnace |
$1,236 |
84% AFUE Oil Furnace |
$1,175 |
8.0 HSPF Electric Heat Pump |
$1,053 |
Electric Resistance Furnace |
$2,050 |
WATER HEATER ANALYSIS SUMMARY: The water heater analysis is based on providing the equivalent First Hour Rating (FHR) based on national average energy usage and the 2009 energy costs as defined by DOE. A natural gas fired 40-gallon and an electric 50-gallon, both conventional storage type, are chosen on this basis. The natural gas water heater would provide the lowest operating cost water heating option.
|
Water Heater Type |
Annual Cost |
40 Gallon Natural Gas (FHR = 67 gallons) |
$282 |
50 Gallon Electric (FHR = 62 gallons) |
$554 |
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