View Single Post
  #5   Report Post  
Posted to uk.d-i-y
The Natural Philosopher The Natural Philosopher is offline
external usenet poster
 
Posts: 9,045
Default Cost of oil-fired heating

terry wrote:
On May 16, 7:23 pm, "Dave Liquorice"
wrote:
On Thu, 15 May 2008 12:23:36 +0100, Nick L wrote:
With the price of heating oil hovering around 60p per litre does anyone
know roughly what it costs to run a typical domestic oil fired boiler in
pence per kWh ?

Have a search back in here (I think) It's been discussed recently. But
basicaly burn 1l of oil in an hour and you get about 10kW of heat. So
60p/l (I'm glad I was sitting down...) is *roughly* 6p/kWhr but you have
to factor in the ineffciency of the boiler so add about 25% to that for a
real cost of useful heat.

(Thinking of installing an electric boiler)

There was a thread about that as well, IIRC it ran quite long and
rambled...

--
Cheers
Dave.


So oil heat costs around 7.5p per kilowatt/hr.
Electricity which is supposedly 100% efficient etc. costs ???? per kw/
hr.
Syggestion:
Is the changeover cost and any reductions in maintenance cost such as
combustion chamber replacement, chimney cleaning, oil tank mtc. etc.
amortised over say a number of years worth it?


I would say its not worth it YET unless you are a heavy user.

However on a new install I would certainly give it thought.


What are expecatations for changes in costs of oil and electrcity?
And yes there was a very long discussion on this matter, here, very
recently.


I think oil will stabilise around the $110 a barrel once the speculators
leave the field..and then steadily rise smoothly as some kind of balance
between supply and demand is achieved. That places it above coal and
nuclear in terms of price. Gas will likely track it higher as well.

Ultimately oil will be an expensive transport fuel only: electricity
generation can be easily done by other means, and that tends to suggest
that electricity will replace fossil fuels as he main method of domestic
heating.