Total reference scenario heating costs
Total household heating costs
Total household heating costs sum to 4 739 119 DKK annually for the reference scenario. The breakdown of the costs is given below.
Total oil heating costs
- Energy tax on oil consumption equal to 179.6 DKK/MWh, resulting in total energy taxes of 5 526*179.6 = 992 470 DKK annually
- Total oil consumption equal to 552 619 liters annually, resulting in fuel costs of 3 090 693 DKK incl. energy taxes and VAT of 25 %
- Total oil emissions of 1 472 156 Kgs of CO2, corresponding to 155 018 DKK annually
- Total household operation and maintenance costs of 1 755 DKK per oil furnace (DEA 2007), equivalent to 1 755*0.85*290 = 432 608 DKK
- Total oil costs equal to 3 678 319 DKK annually
Total electricity heating costs
Assuming an electricity price of 2 DKK per kWh incl. VAT, CO2 costs and taxes, zero M&O costs, and an electricity consumption of 530.4 MWh:
- Total electricity costs equal to 1 060 800