There are many different ways to heat your home in New Brunswick: oil, electricity, natural gas, wood, propane, &c. Each fuel has its benefits and its drawbacks, but the easiest way to compare fuel is by cost. I’ll occasionally be comparing the various costs of heating fuel in New Brunswick and the other Maritime provinces. Some heating sources, like electricity, have a very static price. Others, like natural gas or oil, can change weekly.
It’s helpful to read my previous post on the natural gas pricing structure in New Brunswick, as well as my description of the units of measurement used in this pricing comparison.
The following list compares only the marginal cost of fuel. It does not include monthly meter charges or HST. It does include, for combustion appliances, nominal efficiencies. Prices are current as of 7 November 2011.
Wood Pellets: $19.84/GJ (at $4.99 per 40 lb bag)
Wood: $20.00/GJ (at $250/cord)
Natural Gas (SGSRE): $21.77/GJ (at $10.5087/GJ delivery + $8/GJ gas)
Natural Gas (SGSRO): $24.51/GJ (at $12.8347/GJ delivery + $8/GJ gas)
Electricity: $27.36/GJ (at 9.85c/kWh)
Fuel Oil: $33.26/GJ (at 117.5 c/L)
Propane:$47.08/GJ (at 115.8 c/L)