Annual Cost $1,667
Monthly Cost $139
Daily Cost $4.57
Energy Used 16,667 kWh
Heating Cost Calculator
Estimate your annual heating costs based on home size, energy consumption, and current fuel prices.
How Heating Costs Are Calculated
Heating cost depends on your home's energy demand and fuel efficiency:
- Energy Needed = Area × Consumption per m²
- Actual Consumption = Energy Needed ÷ Efficiency
- Annual Cost = Actual Consumption × Fuel Price
Better insulation and more efficient systems reduce costs significantly.
Example
A 150 m² home using 100 kWh/m²/year at $0.10/kWh with 90% efficiency:
- Energy needed: 15,000 kWh
- Actual consumption: 16,667 kWh
- Annual cost: $1,667
FAQ
- What is a typical heating consumption?
- Average homes use 50-150 kWh per square meter per year, depending on insulation, climate, and heating habits. Well-insulated homes use less.
- Which heating system is cheapest?
- Heat pumps are typically most efficient (300-400% efficiency), followed by gas (90-95%), then oil (85-90%), with electric resistance heating being most expensive.
- How can I reduce heating costs?
- Improve insulation, seal drafts, lower thermostat by 1-2°C, use programmable thermostats, and maintain your heating system regularly.
- What affects heating costs most?
- The biggest factors are home size, insulation quality, local climate, fuel prices, and thermostat settings.