Bioheat® Fuel vs. Electricity

Policy makers in your area are pushing to phase out carbon-intensive fuels, including home heating oil, through electrification and carbon taxation over the next 10 to 30 years. These plans for local policies are based on positive objectives to reduce carbon emissions and protect the planet, but they aren’t foolproof. The push toward electrification poses a serious threat to local businesses and can have a negative impact on consumers and our communities.

The Consequences of Electrification

Costly Heating System Conversion

  • Converting a home to electric heating can cost up to $20,000, not taking into account cost lost for those who have already invested in high-efficiency Bioheat® heating fuel systems.
  • The EIA is forecasting U.S. residential electricity prices will average about $0.1475/kWh in 2022, up from $0.1372 in 2021 and $0.1316 in 2020.
  • The average price of electricity could reach $0.1524/kWh in 2023. That would represent about a 3.3% increase—and EIA says prices are already 7.5% higher today than they were in 2021.
  • A recent study, Implications of Policy-Driven Residential Electrification, concluded that policy-driven electrification would increase the average residential household energy-related costs by approximately 38% to 46%, resulting in an increase to the average affected residential household of between $750 and $910 per year.

Electricity Isn’t as Clean as It Appears

MORE ABOUT ELECTRICITY & ENVIRONMENTAL IMPACT

Less Reliable than stored Renewable Energy Options

  • Electricity is an on-demand energy option, not a stored energy source.
  • Increased demand for the electric grid can cause brownouts, interrupting your energy access.
  • The average American experienced just over eight hours of power outages in 2020, with overall duration of power interruptions in the U.S. more than doubling since 2015.
  • Instead, Bioheat® fuel is renewable energy stored directly on-site in your fuel tank.
  • A 275-gallon tank of Bioheat® fuel contains 10,670 kilowatt hours of energy, which is reliable and ready to use when you turn on your heating equipment.
LEARN MORE ABOUT STORED ENERGY

Uncertain Performance & Increased Demand

  • Full electrification of the heating sector would increase demand that the current grid cannot handle.
  • Meeting this increased demand with 100% renewable energy has been deemed unrealistic by leading experts including the Intergovernmental Panel on Climate Change, the National Oceanic and Atmospheric Administration, the National Renewable Energy Laboratory, and the International Energy Agency.

Environmental Justice

  • Lower-income communities suffer from worse air quality conditions than high-income communities. Because electric heating systems will only be installed in communities that can afford them, only middle- and high-income communities will experience the improved air quality promised by electrification.
  • More electric heating systems will increase the winter grid load, causing everyone to pay higher rates for electricity, whether they have an electric heating system or not.
  • So, lower-income communities that can’t afford to convert will end up paying more for their electricity and continue to experience lower air quality.
  • Bioheat® fuel is an equitable and effective renewable energy source that requires no significant conversion cost and is readily available now.

Compromised Service

  • Electrification would leave consumers to place their comfort in the hands of a large utility company.
  • Consumers lose their choice to work with a local, family-run heating fuel supplier that offers specialized services including budget plans, service plans, price protection, and 24/7 emergency service.
  • Local, family-owned-and-operated fuel providers would be legislated out of business. On average these oil delivery companies employ 36 people from their communities.

Bioheat® Fuel Is an Alternative Solution

Bioheat® fuel is an immediate solution to reduce aggregate greenhouse gas emissions that is accessible, equitable, and available to consumers right now. Current blends of Bioheat® fuel oil produce significantly fewer emissions than traditional liquid heating fuels, and the industry will continue to increase blend ratios to become a carbon-neutral liquid heating fuel that is the cleanest, most sustainable residential heat source available on the planet.

GET THE FACTS

Available Today

Looking for Bioheat® fuel in your area?

Get started with a quick Internet search, including your town name, county, and state—more and more providers are delivering Bioheat® fuel now. If you can’t find a provider near you, contact your state energy association listed below.

Project Carbon Freedom

Tell Legislators That You Want a Choice

Some climate policies are pushing to switch to all-electric energy to reduce carbon emissions, but at what cost to you? Tell your legislators that you want to keep your choice to use a renewable fuel that is affordable, low carbon, and doesn’t require equipment conversions.

HOW TO CONTACT LEGISLATORS

Are You a Fuel Provider?

If you’re a heating oil dealer interested in becoming a Bioheat® fuel provider, we can help. Please fill out the adjacent contact form, and a member of our supply chain outreach team will contact you as soon as possible.