Tuesday, February 19, 2008

Annual Heating Costs




As readers of this blog are aware, we have two houses located two blocks apart, and can compare costs for heating. One house is Victorian and about 3300 sq. ft. for heating. The other brick Ranch-style, with about 2900 sq.ft.

We have done a multiple-year comparison for the Victorian house, where we lived for 35 years.

Cost for heating only ranges from $1300/yr to $1800/yr at today's prices, for the Victorian. It's about the same for the Ranch it seems, although the square footage is less.

Both homes are very well insulated, but old is old.

In this wonderful, leafy neighborhood of Glendale, Ohio, some of the monthly heating bills can be horrendous for the larger Victorian homes which may not have a lot of interior preparation for the weather. I've heard of $1200 single-month bills (scuttlebutt at Bluebird Bakery).

Duke Energy eschews hedging (after a disaster in the electric field a few years ago) and is higher than it should be this year.

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