Natural Resources Canada has a home heating system cost calculator. The calculator lets you compare the costs of your current home heating system with the savings offered by newer equipment and other sources of energy. It is for homes using one heating source: electricity, natural gas, propane or oil. The results should be used only as a guide.
- Current cost of fuel for space heating (fuel cost per unit)
- Current cost of fuel for hot water (fuel cost per unit)
- Total annual heating costs (based on your fuel bills)
- Price of purchasing new heating or hot water equipment (including installation and taxes)
- Value of any rebate or incentive (link to home incentives) received for purchasing new equipment
Please note that the link will take you to Natural Resources Canada page outside of Enbridge Gas New Brunswick. Enbridge does not maintain the calculator, but provides the link as important consideration when considering converting your home heating system.