🌡️ The Waste
When the radiator burns at 60°C–70°C, it emits heat in all directions. Half the warmth goes towards your living room, but the other half "hits" the wall directly behind it. Because this wall is typically uninsulated and freezing, it greedily absorbs that heat and sends it straight to the outside environment. Effectively, you're paying for oil or gas to heat the bricks and the street.