Daily Fuel Cost Comparison
(Average Cost per Unit) x (Number of Units per Season) / 182

Oil = $18.45/day
Pellets = $6.92/day 

Based on data from the 2021/22 heating season, choosing pellets over oil would save you over $2,000!

Cost Comparison by Heat Output
(Fuel Cost per Unit) / (Heat Content per Unit) x 1,000,000

Oil = $27 per million BTUs
Pellets = $18 per million BTUs

All calculations are based on the following:

• Oil has 138,500 BTUs per gallon at an average of $3.69/gallon with an average use of 910 gallons in a heating season
• Pellets have 17,200,000 BTUs per ton at an average of $315/ton with an average use of 4 tons in a heating season
• There are 182 days in a heating season

Sources: https://www.eia.gov/tools/faqs/faq.php?id=987&t=7https://www.eia.gov/energyexplained/units-and-calculators/british-thermal-units.php
https://www.eia.gov/dnav/pet/pet_pri_wfr_a_EPD2F_PRS_dpgal_w.htm