Posted: November 18, 2024

Does Heating Oil or Electric Home Heating Cost More?

They both fluctuate in price, but one tends to be cheaper

Let’s face it – there is a high probability that your home is going to need some sort of heating system, especially if you live here in the Central Massachusetts or Southern New Hampshire area. So if you are trying to decide between using heating oil or electricity to heat your home, you are probably going to want to know which system is the better bang for your buck. Fraticelli Oil & Propane can help you get to the bottom of this!

How electric home heating works

Fluctuating prices are common among all energy sources, including both heating oil and electricity. The cost of electricity does not fluctuate any more or less than the cost of heating oil.

However, using an electric home heating system could end up costing a homeowner more due to a couple of reasons:

• An electric home heating system takes considerably longer to help a home reach a comfortable and desired temperature than heating oil does. Electric systems also have to work really hard to maintain this comfortable and desired temperature. Both these factors contribute to an increase in a homeowner’s energy bills.
• Electric heat pumps use outdoor air to heat a home. Therefore, as temperatures drop it becomes more challenging to make a home warm. An electric heat source has to work even harder and use more energy to do its job and that has a direct impact on utility costs. In extreme cases there is even sometimes the need to add an additional heat source. This additional heat source becomes an additional cost.

How heating oil works

Heating oil produces an incredibly high number of British Thermal Units (BTUs for short). To put this simply, it is a very energy efficient fuel. What this means for home heating purposes is that you are able to use a heating oil supply at a slower pace compared to other fuels. Therefore, one typically pays less on their heating bills when using heating oil.

Additionally, you can count on heating oil to create an even temperature throughout your home – you don’t usually find that one room of your house is a drastically different temperature than another room in your house when using heating oil.

Newer and more modern versions of heating oil systems are made to have even higher levels of efficiency and help homeowners cut down on how much fuel they use, which directly equates to a cost savings.

Why heating oil prices fluctuate

As we mentioned earlier, seeing a fluctuation when it comes to the costs of heating oil is not uncommon. The price of the energy source is affected by multiple factors, including outdoor temperatures, supply and demand, the price of crude oil, delivery costs and transportation costs.

Heating oil from Fraticelli Oil & Propane

Homeowners in Central Massachusetts and Southern New Hampshire can count on Fraticelli Oil & Propane for the heating oil they need. In fact, here is no other company in the area who offers a more reliable fuel delivery service. On top of that, we only carry and deliver top-quality heating oil.

Contact Fraticelli Oil & Propane today and let us know how we can help with your heating oil needs.