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langjie t1_j5l14ap wrote

Reply to comment by techorules in Monthly Electricity Bill Is Killing Me by haitiandev

3412 btu/kwh x 1.7 COP = 5,800 btus.

oil at $4 /gal: 138,700 btus * 80% boiler efficiency = 110,960 btu's (19.1 kwh of heat pump). electricity needs to be at 21 cents/kwh to be equal to $4 oil if outside is @ -15°F

propane at $2.5 /gal: 91,700 btus * 80% boiler efficiency = 73,360 btu's (12.6 kwh of heat pump). electricity needs to be at 20 cents /kwh to be equal to $2.50 propane if outside is -15°F

all depends on the rate but also it's typically not that cold out so the math changes with increased efficiency

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techorules t1_j5l3wyu wrote

Cool. Yeah my electricity is way below those figures..... Also propane averages in Mass are way way higher than $2.5. My last delivery (which I am hoping I literally my last ever) was over $4. And with climate change sadly -15F is pretty rare indeed.

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