Posit: Electricity now cheaper than home heating oil
On Sun, 13 Apr 2008 15:47:08 +0100, MM wrote:
I read on BoilerJuice.com that electricity is now cheaper than oil for
home heating.
Comments?
(Oil price estimate today: 53.90 pence per litre for 10000 litres.)
Paid 48.85 last week just before a 2.5p price rise was applied (+ 5% VAT).
It's close, burn a litre of kero in and hour you get about 10kw of energy.
So divide the p/l price by 10 for the cost/kwhr but that does not take
into account boiler effciency or rather lack off...
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Cheers
Dave.
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