Heating fuel cost calculation

Calculation and comparison of the cost of heating fuels

Welcome to the "Heating Fuel Cost Calculation" program. In the energy and heating panorama, choosing the right fuel is not only about efficiency, but also about economic sustainability. Understanding the costs associated with different fuel types is essential for making informed decisions and optimizing the balance between thermal comfort and financial efficiency.

This program was created by Itieffe with the aim of providing a valid tool for the accurate calculation of the costs of the fuels used for heating. Whether you're involved in building management, thermal system design, or evaluating energy options, this program will give you the tools you need to analyze costs in detail and make informed decisions.

You will be able to enter key data such as the prices of the various fuels, the heat to be produced indicated in various units of measure, the expected thermal consumption, the days and hours of use foreseen for heating. The program will immediately reimburse the costs associated with the use of the different types of fuel, also evaluating the expected annual cost, allowing you to compare options and evaluate which choice best suits your needs.

This tool is designed to be accessible to energy professionals, thermal planners, building managers and anyone involved in the economic evaluation of heating options. Using this program, you will be able to optimize the management of financial and energy resources, also contributing to the economic sustainability of operations.

Without further ado, we invite you to immerse yourself in the use of the "Heating Fuel Cost Calculation" program and find out how this tool can simplify and improve the economic evaluation process in the field of heating and thermal energy.

Heating fuel cost calculation

Calculation of the cost of heating fuel and the necessary quantity needed per hour starting from the plant's potential.

It provides the total spent annually based on the days and hours of use.

But how much does it actually cost us to heat an environment?

Calculation and comparison of the cost of fuels.

The cost per kW obtained from each single compound is indicated.

You can enter the heat to be produced in: BTU - kcal / h - kW - MJ and the net calorific value (pci) in: kcal / h - kW - MJ

Fuel prices and yields that can be updated by the user.

Instructions

The first step is obviously to calculate how much heat is needed and enter it in the dedicated box (the one below the unit of measure used to understand each other).

Through the software Thermal requirement - radiators, present on this site, it is possible to easily calculate the amount of heat to be supplied to heat the rooms concerned.

Once this is done, the result is reported in box no. 1 above.

We take into account that the calculations have been made in kW and the result is 18 kW.

VALID ONLY FOR THE AMOUNTS INDICATED IN THE EXAMPLE AND TO BE UPDATED IN THE OTHER CASES

We enter 18 in the box below the kW (1), update the fuel cost (9), check the efficiency (10), enter the days (5) and hours (6) of use based on the comparison with the area climatic (values 5 and 6 are variable and must not exceed those defined by box 4 of the Climatic zone under consideration) and we observe the results:

the cheapest fuel, as can be seen, is wood with storage in a dry place for more than two years which offers an hourly operating cost of € 1,02 (with one euro it is possible to produce about 17,6 kW), the cost per kW produced is € 0.057, the presumed annual cost to operate the system calculated in this way is approximately € 2.022,94;

The most expensive fuel (if we can say so) is the electric stove with an hourly operating cost of € 11,00 (with 1 € you get about 1,6 kW). The presumed annual cost to operate the plant thus calculated is approximately € 21.779,49;

WARNING: the presumed costs deducted above are calculated on the basis of the continuous operation of the plant for the scheduled hours. Downtime due to reaching temperatures that vary according to the quality of the casing, exposure and other similar factors are not taken into account.

It is possible to enter values of different units of measurement regarding the lower heating power (PCI) for demonstration purposes only, the result does not change.

Note the poor performance of LPG and diesel.