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According to This Old House, the home improvement news and entertainment outlet, a new gas furnace costs between $1,700 and $9,700 and a new oil furnace costs $4,300 to $9,200. Heat pumps do ...
For example, a 90% AFUE for a gas furnace means it outputs 90 BTUs of useful heating for every 100 BTUs of natural gas input (where the rest may be wasted heat in the exhaust). A higher AFUE means higher efficiency. The method for determining the AFUE for residential furnaces and boilers is the subject of ASHRAE Standard 103.
In some areas electrical resistance heating is used, especially where the cost of electricity is low or the primary purpose is for air conditioning. Modern high-efficiency furnaces can be up to 98% efficient and operate without a chimney, with a typical gas furnace being about 80% efficient. [1]
Institutional heating systems (office buildings or schools, for example) can use low-grade, inexpensive bunker fuel to run their heating plants, but capital cost is high compared to more easily managed liquid fuels. Natural gas is a widespread heating fuel in North America and northern Europe. Gas burners are automatically controlled and ...
The national average price for a gallon of gasoline is at $3.50, according to AAA as of Jan. 26, 2023. While the amount of pain at the pump people feel is more or less acute depending on their ...
The unit is operated 120 days each year for 8 hours per day (960 hours per year), and the electric energy cost is $0.10 per kilowatt-hour. What is its annual cost of operation in terms of electric energy? First, we convert tons of cooling to BTU/h: (4 tons) × (12,000 (BTU/h)/ton) = 48,000 BTU/h. The annual cost of the electric energy is:
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