Actually right now #2 heating oil is now somewhat cheaper per MBTU than propane. Also Natural Gas is slightly cheaper than heat pump per MBTU (YMMV on efficiency!)
I’ve never seen propane cheaper than heating oil here!
EDIT: It’s probably worth pointing out that the North East of the US is the largest heating oil market in the world.
Re:States, including CA and NY, sign heat pump memorandum to...
by Aloha on Wednesday February 07, 2024 @08:13PM
(#39296603)
ooh, thats a great source - now that I've updated my calculator, your numbers match mine - I went with local prices for propane and DOE prices for propane.
https://www.energy.nh.gov/energy-information/nh-fuel-prices
Actually right now #2 heating oil is now somewhat cheaper per MBTU than propane. Also Natural Gas is slightly cheaper than heat pump per MBTU (YMMV on efficiency!)
I’ve never seen propane cheaper than heating oil here!
EDIT: It’s probably worth pointing out that the North East of the US is the largest heating oil market in the world.