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Energy Prices: Can You Still Afford Your Gas or Oil Heating?

1.9.2022
  1. 163 francs more heating costs per month
  2. Update on energy prices and energy costs
  3. Heating calculator: Calculate your savings potential
  4. Energy calculator: Calculate energy efficiency
  5. Ten energy-saving tips for the upcoming winter

Have you already ordered the heating oil for your oil heating or the gas for your gas heating for next winter? If so, the bill has probably made you gulp empty several times: In just one year, for example, the price of heating oil has almost doubled from 83.52 to 165.74 francs for 100 litres (as of 16 August 2022). Since the invasion of Russian troops in Ukraine on 24 February, the prices for oil and natural gas have fluctuated sharply. The three most important reasons for this energy price development:

  • The war in Ukraine creates geopolitical and increases economic uncertainty.
  • OPEC's production increases could not compensate for the decline in Eastern European supplies.
  • Since the fall of most of the Corona restrictions, the demand for oil has risen sharply.

163 francs more heating costs per month

The average single-family house in Switzerland is 140 square metres and consumes 17 litres of heating oil per square metre per year for space heating and hot water preparation. These 2,380 litres of heating oil (140 square metres x 17 litres) cost almost 4,000 francs today instead of just under 2,000 francs in August 2021. That is 2,000 francs a year or 163 francs a month more in heating costs. Every month, not just in the heating season. Furthermore, the high energy prices, along with the rising prices for food and raw materials, are mainly responsible for inflation and thus the higher mortgage interest rates in Switzerland.

Houzy Advice

Good to know

Goal for model cantonal regulations in the energy sector for energetically renovated old buildings is 8 l/m2. New buildings according to the Minergie standard may not consume more than 5 l/m2.

Houzy Hint

Tip

According to HeizOel24 the average delivery time for heating oil in Switzerland is currently 20 working days. That's almost a month. That's why you should order soon, before the temperatures drop.

Update on energy prices and energy costs

Commodity experts assume that energy prices will remain high. That is why we have updated the operating cost calculation for oil heating and for gas heating in our heating calculator with the higher energy prices. At the same time, we have adjusted the operating cost calculation for wood heating because the prices for pellets have risen by 50 percent in one year due to increased demand. We update our calculations regularly so that all results are always up-to-date and meaningful. This applies to both the heating calculator and the energy calculator.

Heating calculator: Calculate your savings potential

With our heating calculator, you can calculate the operating costs, CO2 emissions and remaining life of your oil or gas heating and compare it with a heat pump, for example. The comparison takes into account the location of the house, the remaining life of your heating system and other factors. Among other things, the investment costs and subsidies, your energy requirements, running costs and environmental compatibility. After the analysis, you will know how much the heating will cost you, how much money you will save, how much less carbon dioxide the new heating emits and how quickly your investment will pay for itself.

Because of the high prices of natural gas and heating oil, a heat pump pays off even faster as an alternative. An air-source heat pump for an average single-family house costs about 9,000 francs more than an oil heating system, but its annual operating costs are about 2,000 francs lower. The heat pump pays for itself after four and a half years, and from the fifth year you save 2,000 francs a year.

However, for macroeconomic considerations and because of the security of electricity supply in Switzerland, it makes more sense for old oil heating systems to be replaced by heat pumps only after the winter of 2022/23. Oil should be more readily available in winter than electricity, which is largely produced in Germany from gas and must be imported into Switzerland.

Houzy Hint

Tip

In the article "CO2 Emissions from Heating Systems: How to Protect the Environment and Save Money" you can find out how to protect the environment and save money, while in the article "Heat Pump: Costs, Advantages and Subsidies" everything about heat pumps.

Heat Pump

Houzy heating calculator

Our free heating calculator can calculate the costs and CO2 emissions of your heating system with just a few details and compare them with other heating systems.
Compare Heating Systems Now

Energy calculator: Calculate energy efficiency

With our energy calculator you can check the energy efficiency of your house and simulate the effects of energy renovations on energy consumption, heating costs and CO2 emissions. You can also calculate the investment costs, the subsidies and the savings potential. With a new heating system, new windows and better exterior insulation, you can reduce your energy costs by an average of 60 percent. To find out how energy renovations affect energy efficiency, you can simulate energy measures individually or in combination. For example, façade insulation, new windows and a heat pump. You can see at a glance how the measures affect energy efficiency, how much energy you save and by how much you reduce your CO2 emissions.

Houzy Hint

Tip

In the article "Checklist: Renovate Energetically a House or Apartment" you can read how to implement the measures step by step and download a checklist to guide you safely through the process.

Savings Potential

Houzy Energy Calculator

Simply check the savings potential and investment costs of an energy-efficient renovation.
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Ten energy-saving tips for the upcoming winter

On average, a Swiss private household uses 22 percent of its energy for heating and 14 percent for hot water. That is more than a third of its total energy consumption. With these ten tips, you can save energy and thus money next winter without sacrificing comfort, and at the same time reduce CO2 emissions:

  1. Don't heat too much: "Heating one degree less saves seven percent of the total heating consumption," answered environmental economist Harald Mayr from the University of Zurich in an interview with SRF. Lower the room temperature in frequently used rooms to 20 or 21 degrees and in the bedroom to 18 degrees. For older people, the Federal Office of Public Health recommends one degree more. To do this, wear a pullover in the house or flat instead of just a T-shirt.
  2. Do not heat too little: However, make sure that the room temperature does not drop below 18 degrees in any room. Otherwise, the air can condense on cooler exterior walls or window frames and form humidity there, which can lead to mould. This is bad for the building fabric and for your health.
  3. Ventilate properly: Too much heating can also endanger your health. If the air is too dry, your skin and mucous membranes can dry out, which promotes allergies, respiratory infections or skin rashes, for example. In addition, many people sleep poorly or restlessly when the room temperature is too high and the air is too dry. That is why it is important that you ventilate briefly several times a day, but do not tilt the windows.
  4. Heat smart: Install smart thermostats that only heat when necessary. Properly intelligent devices automatically lower the room temperature as soon as you open the windows or leave your house or flat.
  5. Protect indoor heat: Close all windows and shutters when it is cold outside, especially at night. And draw the curtains.
  6. Use the sun's heat: Open all roller shutters and window blinds as soon as the sun shines. Also in little-used or unused rooms.
  7. Keep radiators clear: Do not cover the radiators or radiators with thick night curtains or furniture. The heat should be able to circulate freely in the room.
  8. Shower instead of bath: Taking a five-minute shower uses half as much energy as taking a bath.
  9. Wash dishes economically: A dishwasher in eco mode uses 60 percent less energy than washing dishes by hand.
  10. Wash economically: Eco mode reduces the energy consumption of washing machines by a quarter. Washing at 20 instead of 40 to 60 degrees also uses a quarter less energy. Washing at 20 degrees in Eco mode reduces energy consumption by 93 per cent compared to a normal 40 to 60 degree wash cycle - normally soiled laundry gets just as clean.

Houzy Hint

Tip

If you have older electrical appliances, you should check their energy efficiency class. Find out whether a replacement is worthwhile in the article "Energy Efficiency: New Energy Labels for Household Appliances".

Energy Prices 2022 - Woman Sitting on Sofa Reading a Book
Heating one degree less saves seven percent heating energy. That makes it worth wearing a sweater.

Houzy Advice

Good to know

However, for macroeconomic considerations and because of the security of electricity supply in Switzerland, it makes more sense for older oil heating systems to be replaced by heat pumps, only after winter 2022/23. Oil is rather to be readily available this winter than electricity, which is largely produced from gas in Germany and gets imported into Switzerland.

Have you had enough of high gas or oil bills? Use our energy calculator to simulate the effects of energy renovations on energy consumption, heating costs and CO2 emissions and calculate your savings potential. With a new heating system, new windows and better exterior insulation, you can save 60 percent on heating costs. However, you will probably need some patience: Many heating installers are currently very busy because demand for heat pumps is higher than ever.

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