- Oct 3, 2007
- 1,539
We're currently debating whether to renovate or buy another house and I went out looking at a few today. One that I couldn't get into but drove by is a nice 4 bed/2.5 bath bi-level with a full basement and two fireplaces (one in the basement, one in the living room) each with a wood burning insert. The main source of heat is electric baseboards. It turned me off at first, but I used this calculator to crunch some numbers:
http://nepacrossroads.com/fuel-comparison-calculator.php
My cost for electricity is $0.10246 per kWh, so assuming 100% efficiency, electricity will cost me $29.89 per million BTU. By comparison, oil at the rate I currently pay ($2.98/gallon) and 83% efficiency costs me $24.76 per million. I've just never seen electric baseboard used for anything other than supplemental heat in a basement family room or a bathroom. I don't know if the house has central air, but if it does I'm wondering if I could plumb in my Englander add-on furnace. I'll find out tomorrow. In the meantime I'd appreciate any thoughts on electric heat in the Northeast.
http://nepacrossroads.com/fuel-comparison-calculator.php
My cost for electricity is $0.10246 per kWh, so assuming 100% efficiency, electricity will cost me $29.89 per million BTU. By comparison, oil at the rate I currently pay ($2.98/gallon) and 83% efficiency costs me $24.76 per million. I've just never seen electric baseboard used for anything other than supplemental heat in a basement family room or a bathroom. I don't know if the house has central air, but if it does I'm wondering if I could plumb in my Englander add-on furnace. I'll find out tomorrow. In the meantime I'd appreciate any thoughts on electric heat in the Northeast.