Note that this estimate is deemed reliable based on common, typical, and standard conditions/variables for hot mix asphalt production. Cost of fuel and types of fuel vary by state/region.
*Conditions & Variables: Heat loss and fuel savings calculations are based on NAIMA 3EPlus V4.1.
The online calculator estimates cost of energy based on the following:
Process temperature = 300 degrees F
Ambient temperature = 60 degrees F
Wind speed = 8 MPH
Fuel type = natural gas
Fuel cost = $6.84 per MMBTU
Efficiency of heating equipment = 87%
Hours of operation = approximately 5040 hours / 7 month production season
Insulation = 1 1/2” thick fiberglass with aluminum jacket