Domestic heating comparisons
The Competition and Markets Section monitors the prices of different domestic heating fuels:
- Electricity (including Heat Pumps)
- Gas (Natural gas / LPG)
- Oil
- Solid Fuels (wood / coal)
These fuels are compared on a ‘cost per useful kWh’ basis. Different fuel types can be converted into useful heat more efficiently than others: for example, a modern gas boiler can convert around 90% of the energy from the gas into heat for your home. On the other hand, a stove running on coal may only be able to convert around 75% of the energy in the coal into heat for your home. Heat pumps can convert 300% of the energy they use into useful heat – this is because they are able to extract heat from the surrounding environment.
Office of Fair Trading
Thie Slieau Whallian
Foxdale Road
St John’s
IM4 3AS