Calculating fuel costs and the potential savings of pellet, wood, or corn fuel is a moving target. Heating oil, natural gas, and electricity are all on the rise, and so are these biomass fuels. This new calculator from the EIA can be used to enter current prices you’re seeing in your area for comparison among traditional heating fuels. The calculator is a MS Excel file that includes all the major fuel types, including prices and fuel heat content per unit in BTUs.

Users can quickly enter their local prices for electricity, natural gas, propane, wood, pellets, corn, kerosene, and coal. The program provides the calculations and includes BTU output for units of each fuel type.