A COST ANALYSIS

All heat output is measured in terms of BTU’s. One BTU is the amount of heat needed to raise one pound of water one degree.

Available heat per unit in alternative sources of fuel:

BTU Value Per Unit 

Units Required to Produce 1,000,000 BTU’s

Current Fuel 

Price Per Unit

Total Cost To 
Produce 
1,000,000 BTU’s

 DRY SHELLED CORN

9,400 Per LB.

106.4 lbs= 1.9 bushels

$1.75 per bushel

  $3.33

 ELECTRICITY    

3,413 Per KWH

293 KWH   

$.073 per KWH 

 $21.39

 NATURAL GAS

 1,000 Per cubic ft.

   1,030 cubic feet   

 $.93 per 100 cu. ft.  

  $9.57

 FUEL OIL

  9,919 Per gallon  

 7.1 gallons 

$.85 per gallon  

 $6.03

 L.P. GAS 

6,349 Per gallon  

 11 gallons

.80 per gallon  

$8.80

 WOOD (Oak) 

16,464,000 per cord 

.0607 cord

$115 per cord   

$6.98

 WOOD PELLETS

7,800 Per LB.

128 lbs. (.0641 tons)

$160 per ton 

$10.25