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( Yearly totals can also be used )
1.
Current monthly heating bill:
2. Divided by the price paid per unit:
Unit = Gallon of propane ( LP )
Gallon of fuel oil
KWH of electric (average unit cost)
Therm of natural gas (average unit cost)
3. Equals current monthly fuel consumption:
4. Multiply by BTU per unit of this fuel:
Propane
91,000 BTU/gal
Fuel Oil
140,000 BTU/gal
Electric
3,412 BTU/kwh
Natural Gas
100,000 BTU/therm
5. Equals total BTU’s used to heat home:
6. Divided by average BTU content / bushel of corn:
Corn 8,000
BTU/lb (56lbs.=1bu.)
7. Equals bushels of corn required to heat home:
8. Multiply by the price per bushel of corn:
9. Equals cost per month to heat with shelled corn:
10. Top line (1.)
11.
Minus bottom line (9.)
12.
Equals SAVINGS per MONTH: |