Winnipesaukee Forum - View Single Post - Comparing cost of oil and electricity for heat

SailinAway · 12-27-2021, 07:47 PM

References:
State energy website: https://www.nh.gov/osi/energy/energy-nh/fuel-prices/
Eversource charge: https://www.eversource.com/content/n...delivery-rates

Cost per million BTU
Oil @ $3.29/gal: $29.67
Electricity @$0.1937/ kwh: $53.18

Looks like oil is considerably cheaper. What's confusing me: Eversource lists a consumer price of 5.177 cents/kwh, compared to the state's price of $0.1937. Why that discrepancy?

I heat my house with oil plus a 1500-watt heater in the room I'm in. I like to know whether the heater is saving me money or costing me more per month.

12-27-2021, 07:47 PM	#1
SailinAway Senior Member Join Date: Apr 2019 Posts: 991 Thanks: 256 Thanked 280 Times in 169 Posts	Comparing cost of oil and electricity for heat References: State energy website: https://www.nh.gov/osi/energy/energy-nh/fuel-prices/ Eversource charge: https://www.eversource.com/content/n...delivery-rates Cost per million BTU Oil @ $3.29/gal: $29.67 Electricity @$0.1937/ kwh: $53.18 Looks like oil is considerably cheaper. What's confusing me: Eversource lists a consumer price of 5.177 cents/kwh, compared to the state's price of $0.1937. Why that discrepancy? I heat my house with oil plus a 1500-watt heater in the room I'm in. I like to know whether the heater is saving me money or costing me more per month.