A computer-implemented system and method to evaluate building heating fuel consumption is described. The evaluation can be used for quantifying personalized electric and fuel bill savings. Such savings may be associated with investment decisions relating to building envelope improvements; HVAC equipment improvements; delivery system efficiency improvements; and fuel switching. The results can also be used for assessing the cost/benefit of behavioral changes, such as changing thermostat temperature settings. Similarly, the results can be used for optimizing an HVAC control system algorithm based on current and forecasted outdoor temperature and on current and forecasted solar irradiance to satisfy consumer preferences in a least cost manner. Finally, the results can be used to correctly size a photovoltaic (PV) system to satisfy needs prior to investments by anticipating existing energy usage and the associated change in usage based on planned investments.