Corn Burning Example
From Cornburning
Here is a simple formula you can use to find your "cost-per-million BTUs" of useable energy.
This formula takes into account the following factors: 1.Cost per unit of fuel 2.Energy content per unit of fuel 3.Seasonal heating efficiency
Cost per million BTUs of useable energy = fuel cost (per unit) x 1,000,000 divided by fuel energy content per unit (BTU) x (seasonal heating efficiency)
Cost per unit of fuel is in Dollars Energy Content Unit of Fuel in BTUs Seasonal Heating Efficiency is in decimal form (70% = 0.7) Example 1 - Fuel Oil:
• Fuel $2.85 per gallon • Energy Content per gallon = 139,000 BTUs • Seasonal Heating Efficiency = 85%
(2.85 x 1,000,000)
divided by
(139,000 x .85) =
$24.12 per million BTUs
$24.12 x 100 = $2412.00 to heat this home with fuel oil for just one season!
Example 2 - Propane:
• Propane $2.39 per gallon • Energy Content per gallon = 91,690 BTUs • Seasonal Heating Efficiency = 85%
(2.39 x 1,000,000)
divided by
(91,690 x .85) =
$30.67 per million BTUs
$30.67 x 100 = $3067.00 to heat this home with propane
Example 3 - Corn
• Corn $2.39 per bushel • Energy Content per bushel = 500,000 BTUs • Seasonal Heating Efficiency = 85%
(2.39 x 1,000,000)
divided by
(500,000 x .85) =
$5.62 per million BTUs
$5.62 x 100 = $562

