Fahrenheit 11 (2017) Online English
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Projected Household Heating Costs. The Department of Energy Resources (DOER) tracks energy prices and consumption, including those associated with the cost of heating homes during the winter. DOER has analyzed weather forecasts and the projected prices and consumption for this winter for the major heating fuel sources (natural gas, heating oil, propane, electric heating) to provide the following heating season cost projections for 2. Wood pellet prices are available here. Electricity cost information will depend on your electricity provider; more information can be found here. Colder Winter Predicted and Higher Fuel Costs will likely Increase Average Household Heating Expenditures Except for Electric Heat. Based on predictions for a colder winter (October- March) than the last year (see National Weather Service October 2.
DOER is projecting an increase in fuel bills for all residential heating fuels this winter with the exception of electric heating. Due to lower projected natural gas prices for generation of electricity, electric heating prices are expected to decrease. DOER estimates heating expenses for this winter for an average residential customer will be: $7. Historically, space heating is the largest component, fifty- nine percent (5. Massachusetts household’s energy expenditures. DOER’s comparison of this year’s consumer heating expenditures versus the previous year’s shows an increase in consumer heating expenditures for natural gas (1.
Table 1). Table 1: 2. Estimated Average Residential Winter Heating Bills. Figure 1 provides a summary by fuel type of this winter’s projected average residential heating bills and the past five heating seasons. See Table 2 below for the corresponding numbers. Figure 1: Estimated Average Residential Winter Heating Bills by Fuel.
Data source: U. S. DOE/EIA; Mass. Utility Filings, DOER SHOPP surveys.
Figure 1 is calculated based on costs associated with the average household usage by fuel type and is a useful comparison year to year for any one fuel type. For example, it may appear that electric heat is a lower cost alternative to other fuels, however; electric heat is generally used in smaller spaces such as apartments and condos and is actually more expensive both on a square foot basis and based on a comparison of energy delivered. In Figure 2, energy intensity is expressed as the cost of energy versus the amount of energy produced in millions of British thermal units (MMBtu), (One Btu is the heat required to raise the temperature of one pound of water by one degree Fahrenheit.)- U.
S. Based on energy intensity, Figure 2 depicts electricity as the highest cost fuel. Figure 2: Measuring Energy Intensity of Heating Fuels by Prices per Millions of British Thermal Units (MMBTU)Data source: U. S. DOE/EIA; utility filings; and DOER analysis. Anticipated Higher Crude Prices and Increased Consumption Lead to Higher Residential Bills. Download Full Court (2015) more. Natural Gas: Based on the utilities’ natural gas filings at the Department of Public Utilities (DPU).
There will be additional capacity available to deliver natural gas from the Marcellus region in Pennsylvania to New England with the start- up of the Algonquin Incremental Market (AIM) Project, which began incremental service in Fall 2. Heating Oil: Higher heating oil prices reflect higher crude oil prices. EIA estimates that the cost of Brent crude oil spot prices will average $4. The increase in crude prices is attributed to the gradual tightening of global oil supplies.
Propane: Propane is impacted by higher crude oil and natural gas prices, as these are the fuels used to make propane. This increase is lower than the expected 2. While supply issues that have occurred in past years such as the prolonged cold weather throughout the U. S. Electricity: Based on filings by the Electric Distribution Companies with the DPU, basic service also known as energy supply prices for Massachusetts utilities will decrease for this winter. DOER is supporting these emerging technologies, as outlined on DOER’s website under Renewable Energy.
For consumers interested in following energy markets and prices throughout the heating season, the U. S. DOE’s Energy Information Administration (EIA) tracks energy prices and the issues influencing them. To assist in tracking factors impacting all heating fuels, EIA also publishes the “Annual Winter Fuels Outlook” as part of its monthly Short- Term Energy Outlook. Winter Weather Expected to be Colder than Last Winter.
While fuel costs are the primary factor in establishing winter heating prices, winter weather is the other driver having a significant impact on heating bills, as energy expenditures are a function of fuel usage. Based on these predictions and higher fuel costs for crude oil, DOER is projecting an increase in fuel bills for all residential heating fuels this winter except electric heating which is decreasing slightly due to lower generation prices. Comprehensive Household Heating Data for Average Residential Customers Table 2 provides the comprehensive average residential pricing and consumption data for the past five years and estimates for this heating season. Table 2: Household Heating Fuel Consumption and Expenditures. Definitions. Heating Degree Days: Heating degree day (HDD) is a measurement designed to reflect the demand for energy needed to heat a building.
It is derived from measurements of outside air temperature of 6. The equipment could be the main space- heating equipment or secondary space- heating equipment. It does not include the use of energy to operate appliances (such as lights, televisions, and refrigerators) that give off heat as a byproduct (U. S. EIAThis information is provided by the Department of Energy Resources.