AERS: COMPARISON OF HEATING COSTS ...

Belgrade, November 21, 2008 – According to an analysis of the Energy Agency, the highest heating charges for a 60m2 apartment will have citizens who use heating oil or electricity in boilers for floor heating.

In both cases, costs for the entire heating period will amount to about 100.000 dinar. If natural gas is used in boilers, regardless of the price increase applying as of October 15, 2008, heating costs will be half the above-mentioned and will amount to 51.000 dinar.

To cheapest floor heating will have households using coal, whose costs will amount to 30.000 - 36.000 dinar depending on the coal type. Using electric thermal storage (ETS) heaters instead of floor heating will require 32.000 dinar for heating expenses, but only if heaters are used during the low cost night electricity tariff. Any additional charging during the day time, when the electricity is more expensive, will significantly raise costs, thus any charging of two 3 kW heaters only during two day hours will increase heating expenses by 40%, to over 46.000 dinar.

The following table illustrates heating costs of a 60m² apartment for the entire heating period, by different energy carriers, for the same heat quantity, and quality of heating such as district heating.

Table - Heating costs of an 60m² apartment for the winter period 2008/2009

	price		qty/year		din/year
Banovici Coal	8.610	din/t	3,9	t	33.800
Vreoci Dried Coal	8.540	din/t	4,2	t	35.500
Raw lignite	3.935	din/t	7,8	t	30.600
Fuel oil (price as of October 15, 2008)	78,0	din/l	1394	l it	108.700
Natural gas ( Srbijagas)	36,7	din/m3	1387	m3	51.000
Propane butane	77,0	din/kg	1005	kg	77.400
Wood (depot price)	4.375	din/m3	11,8	m3	51.700
ЦентрCentral heating (Belgrade)	47,3	din/m2	39,3	GJ	34.000
ETS heaters (charging only during low cost night period)			10920	kWh	32.400
ETS heaters (additional charging during the day)			10920	kWh	46.600
Electricity - boilers			10920	kWh	96.500

Status: October 16, 2008, including WAT