25th November 2019

houselogic
19

How much does it cost to heat your home with oil?

Last winter, heating a house with oil cost an average of $1,700, while natural gas averaged less than $900, according to the US Energy Information Administration. The year before, when oil prices peaked, oil heating cost an average of $2,000; natural gas was again around $900.

How expensive is oil heat for home?

The federal Energy Information Administration (EIA) reports that the average American homeowner will pay only about $732 to heat their home with gas this winter season (October 1 through March 31) versus a whopping $2,535 for oil heat.

Is it cheaper to heat your house with propane or oil?

As a general rule of thumb, propane is cheaper per BTU than heating oil. However, seasonal factors and location also play a role. Propane heat costs and oil heating costs vary depending on the delivery location. Some states have higher propane prices than others, because of shortages.
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