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fuel costs

Jan 20, 2018

According to the State of Maine Energy Office bulletin of January 19, 2018, the average cost of heating oil is $2.94/gallon, up 29% over a year ago. It costs $21.20 to generate a million BTU with heating oil. . To generate the same amount of heat with natural gas costs $16.92. Propane is $30.77. Pellet heat is $15.64. 

In other words, pellet heat is now 25% cheaper than oil, cheaper than natural gas, and half the price of propane!

Fossil fuel prices fluctuate with world markets. Wood pellets come from right here in Maine, with very little change.