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FUEL COST COMPARISON CHART (1 million BTU = 1.055056 gigajoule)

Energy Source

BTU

Unit

Efficiency

Cost Unit

Cost / 1MM BTU or 1GJ

1 straw bale is worth

Oil
36,175
Litre
75%
$0.700
$25.80
$218.80
Electric
3,409
Kwh
95%
$0.057
$17.60
$148.83
Natural Gas
35,513
Cu meter
75%
$0.355
$13.33
$112.72
Propane
23,595
Litre
95%
$0.410
$18.01
$152.33
Hardwood
25,181,591
Cord 3000#
55%
$150.00
$10.83
$91.59
Softwood
19,370,455
Cord 3000#
55%
$100.00
$9.39
$79.38
Wood Pellets
12,913,636
Tonne
90%
$200.00
$17.21
$145.53
Estevan Coal
14,498,570
Tonne
65%
$45.00
$4.78
$40.38
Alberta Coal
22,017,750
Tonne
80%
$65.00
$3.69
$31.21
Wheat straw
8,456,710
500 kg
85%
$15.00
$2.09
$15.00
Flax straw
9,455,795
500 kg
85%
$15.00
$1.87
$17.65

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