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djdoggone

Help Calculating Which Heat to Use

djdoggone
9 years ago

We live in a tiny (720 s.f.) cottage consisting of three rooms. We have an older boiler which provides hot water and baseboard heat.

This summer we installed a Mitsubishi mini-split (MSZ-FE12NA) for air conditioning, but it has a heat component too. The installer suggested we should use it for heat since it is so efficient.

This year our electric rates went up 37%, on top of a 12% increase a few years ago. The first bill under the new rates arrived yesterday. It went up by $100.

Our home heating oil is locked in at $3.50.

We are trying to figure out what will be cheapest to run. Does anyone have a clue how to calculate this?

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