How did we get these numbers?
We assumed usage of 4 tons of pellets vs. 480 gallons of heating oil, based on heating equivalency.
We assumed $271/ton for pellets vs. $3.68/gallon for heating oil. **

* Our customers often report additional savings due to the efficiency gains they realize by utilizing space heating.

** Initial calculation based on an average price of oil in the Northeast from the U.S. Energy Information Administration for first quarter 2011.