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When building a new home, there are many factors to consider including which
heating system suits your heating needs and budget. To view a comparison of the
initial and operating costs for various heating systems, click on each of the
home styles below.
Small Bungalow -
Conventional
Construction |
Small Bungalow with garage
2149 sq. ft. including basement
Heat Recovery Ventilation System
Garage heating not included. |
Insulation:
• Ceiling R-31
• Walls R-19
• Basement not insulated
|
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,300 |
| Heating System Cost |
$ 1,595 |
$ 7,100 |
$ 2,475 |
$ 7,815 |
$ 12,750 |
$ 8,775 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 4,095 |
$ 9,600 |
$ 4,975 |
$ 10,315 |
$ 15,250 |
$ 11,575 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 1,953 |
$ 1,953 |
$ 1,953 |
$ 977 |
$ 558 |
$ 3,344 |
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
| Total |
$ 1,953 |
$ 1,953 |
$ 1,953 |
$ 977 |
$ 558 |
$ 3,579 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.

Small Bungalow -
R-2000 |
Small Bungalow with garage
2149 sq. ft. including basement
Low E Argon windows
Heat Recovery Ventilation System
Garage heating not included |
Insulation:
• Ceiling R-50
• Walls R-26
• Basement walls R-24
|
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,300 |
| Heating System Cost |
$ 1,300 |
$ 6,125 |
$ 1,925 |
$ 7,060 |
$ 10,600 |
$ 7,800 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 3,800 |
$ 8,625 |
$ 4,425 |
$ 9,560 |
$ 13,100 |
$ 10,600 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 1,194 |
$ 1,194 |
$ 1,194 |
$ 597 |
$ 341 |
$ 2,044
|
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
|
Total |
$ 1,194 |
$ 1,194 |
$ 1,194 |
$ 597 |
$ 341 |
$ 2,279 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.
Large Bungalow -
Conventional
Construction |
Large Bungalow with garage
4010 sq. ft. including basement
Heat Recovery Ventilation System
Garage heating not included. |
Insulation:
• Ceiling R-31
• Walls R-19
• Basement not insulated
|
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 3,900 |
$ 3,900 |
$ 3,900 |
$ 3,900 |
$ 3,900 |
$ 3,700 |
| Heating System Cost |
$ 1,600 |
$ 8,425 |
$ 4,625 |
$ 11,550 |
$ 19,500 |
$ 10,100 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 5,500 |
$ 12,325 |
$ 8,525 |
$ 15,450 |
$ 23,400 |
$ 14,300 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 3,878
|
$ 3,878 |
$ 3,878 |
$ 1,939
|
$ 1,108
|
$ 6,639 |
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
| Total |
$ 3,878 |
$ 3,878 |
$ 3,878 |
$ 1,939 |
$ 1,108 |
$ 6,874 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.
Large Bungalow -
R-2000 |
Large Bungalow with garage
4010 sq. ft. including basement
Low E Argon windows
Heat Recovery Ventilation System
Garage heating not included |
Insulation:
• Ceiling R-50
• Walls R-26
• Basement walls R-24
|
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 3,900 |
$ 3,900 |
$ 3,900 |
$ 3,900 |
$ 3,900 |
$ 3,700 |
| Heating System Cost |
$ 1,400 |
$ 6,475 |
$ 2,025 |
$ 7,170 |
$ 11,000 |
$ 8,150 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 5,300 |
$ 10,375 |
$ 5,925 |
$ 11,070 |
$ 14,900 |
$ 12,350 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 2,121
|
$ 2,121 |
$ 2,121 |
$ 1,061
|
$ 606
|
$ 3,631
|
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
| Total |
$ 2,121 |
$ 2,121 |
$ 2,121 |
$ 1,061 |
$ 606 |
$ 3,866 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.
Small Two Story -
Conventional
Construction |
Small 2-Story with garage
1733 sq. ft. including basement
Heat Recovery Ventilation System
Garage heating not included. |
Insulation:
• Ceiling R-31
• Walls R-19
• Basement not insulated |
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,300 |
| Heating System Cost |
$ 1,595 |
$ 7,100 |
$ 2,475 |
$ 7,815 |
$ 12,750 |
$ 8,775 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 4,095 |
$ 9,875 |
$ 5,325 |
$ 10,850 |
$ 16,600 |
$ 11,800 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 1,709
|
$ 1,709 |
$ 1,709
|
$ 854
|
$ 488
|
$ 2,925
|
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
| Total |
$ 1,709 |
$ 1,709 |
$ 1,709 |
$ 854 |
$ 488 |
$ 3,160 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.
Small Two Story -
R-2000 |
Small 2-story with garage
1733 sq. ft. including basement
Low E Argon windows
Heat Recovery Ventilation System
Garage heating not included |
Insulation:
• Ceiling R-50
• Walls R-26
• Basement walls R-24
|
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,500 |
$ 2,300 |
| Heating System Cost |
$ 1,400 |
$ 6,125 |
$ 1,925 |
$ 7,060 |
$ 10,600 |
$ 7,800 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 3,900 |
$ 8,625 |
$ 4,425 |
$ 9,560 |
$ 13,100 |
$ 10,600 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 1,057
|
$ 1,057
|
$ 1,057
|
$ 529 |
$ 302 |
$ 1,810
|
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
| Total |
$ 1,057 |
$ 1,057 |
$ 1,057 |
$ 529 |
$ 302 |
$ 2,045 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.
Large Two Story -
Conventional
Construction |
Large 2-Story with garage
3848 sq. ft. including basement
Heat Recovery Ventilation System
Garage heating not included |
Insulation:
• Ceiling R-31
• Walls R-19
• Basement not insulated
|
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 4,000 |
$ 4,000 |
$ 4,000 |
$ 4,000 |
$ 4,000 |
$ 3,800 |
| Heating System Cost |
$ 1,900 |
$ 8,175 |
$ 4,175 |
$ 10,750 |
$ 17,650 |
$ 9,850 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 5,900 |
$ 12,175 |
$ 8,175 |
$ 14,750 |
$ 21,650 |
$ 14,150 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 3,787 |
$ 3,787
|
$ 3,787 |
$ 1,894
|
$ 1,082 |
$ 6,483
|
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
| Total |
$ 3,787 |
$ 3,787 |
$ 3,787 |
$ 1,894 |
$ 1,082 |
$ 6,718 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.
Large Two Story -
R-2000 |
Large 2-Story with garage
3848 sq. ft. including basement
Low E Argon windows
Heat Recovery Ventilation System
Garage heating not included |
Insulation:
• Ceiling R-50
• Walls R-26
• Basement walls R-24
|
| |
Electric Baseboard |
Electric Hot Water Radiation |
Electric Forced Air |
Air Source Heat Pump |
Ground Source Heat Pump |
Oil Hot Water Radiation |
| Initial Costs |
|
|
|
|
|
|
| Electrical Service |
$ 4,000 |
$ 4,000 |
$ 4,000 |
$ 4,000 |
$ 4,000 |
$ 3,800 |
| Heating System Cost |
$ 1,700 |
$ 6,475 |
$ 2,025 |
$ 7,170 |
$ 11,000 |
$ 8,150 |
| Other Costs (Chimney) |
|
|
|
|
|
$ 500 |
| Total |
$ 5,700 |
$ 10,475 |
$ 6,025 |
$ 11,170 |
$ 15,000 |
$ 12,450 |
| Operating Costs |
|
|
|
|
|
|
| Annual Heating Cost |
$ 2,088
|
$ 2,088 |
$ 2,088 |
$ 1,044
|
$ 596 |
$ 3,574
|
| Annual Service Maintenance Fees |
|
|
|
|
|
$ 150 |
| Other Costs |
|
|
|
|
|
$ 85 |
| Total |
$ 2,088 |
$ 2,088 |
$ 2,088 |
$ 1,044 |
$ 596 |
$ 3,809 |
The electrical service and heating system costs shown represent an average of
current capital and labour costs for each type of heating system. Annual heating
costs are calculated using the Heating Refrigeration Air Conditioning Institute
of Canada (HRAI) heating design program include electric costs of $0.09631/kWh and
oil costs of $1.24/litre; HST is not included. House construction, lifestyle and
factors relating to heat loss, will cause operating costs to vary for the same
size home.
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