Cost Comparison: Waste Oil Heating Equals Big Savings
Did you know that heating your facility with a waste oil heater is a guaranteed way to cut costs and save money? If you generate waste oil, read on for a quick comparison of how much you can save with waste oil heating versus traditional heating methods.
Please note that our calculations may be subject to change, and are based on estimated fuel costs in the Mid-Atlantic region in March 2014.
Waste Oil vs. Propane
BTU per Gallon: 91,502
Cost per Gallon: $3.30
1 Gallon of Waste Oil = 1.53 Gallons of Propane
SAVE $5.05 in propane costs for every gallon of waste oil burned!
Waste Oil vs. Fuel Oil
BTU per Gallon: 140,000
Cost per Gallon: $4.22
1 Gallon of Waste Oil = 1 Gallon of Fuel Oil
SAVE $4.22 in fuel oil costs for every gallon of waste oil burned!
Waste Oil vs. Natural Gas
BTU per ft3: 1,000
Cost per ft3: $.02
1 Gallon of Waste Oil = 141 ft3 of Natural Gas
SAVE $2.82 in natural gas costs for every gallon of waste oil burned!
Waste Oil vs. Electric
BTU per kWh: 3,412
Cost per kWh: $.117
1 Gallon of Waste Oil = 41.2 kWh
SAVE $4.82 in electric costs for every gallon of waste oil burned!
Click the Graphic Below to Download a Cost Comparison in PDF Format