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The house we are very interested in is using oil currently.
We would love to have gas, but we are not near a gas line and it is over $30,000 to have a line ran and convert to gas.
Is it worth it to buy the house, and replace the existing (old) oil furnace with a brand new 2012-2013 model oil furnace? Will this be as cost efficient as gas, cleaner air, etc?
We rented an apartment in the past with a super old oil furnace and a bad experience. We really like this house, and want to see if we can make it work with brand new oil furnace. Advice appreciated!!!
Gas is HALF the price of oil in a given year from my own numbers comparison - $1k vs. $2k (or even $3k for oil) and that's why people will pay upwards of $10k to switch. A costly upgrade for a more efficient oil burner to become as cost efficient as gas? Not happening. You'll get better efficiency compared to the old burner, sure - but even that will take quite a few years for ROI.
Check out the numerous other gas conversion threads to see what others have had luck doing (such as getting neighbors to switch to reduce your cost).
I have an oil furnace that is on its last leg. I wish I had $30k to convert. Our oil guy (he's family) told us if we replaced the old furnace with a new one, it would be more efficient compared to the old one but not in the sense of being cheaper or more efficient versus gas. He recommended gas conversion too, if it's possible.
Our plumber recommended switching to gas. The high cost pays for itself off over a few years since gas is cheaper than oil.
The house we are very interested in is using oil currently.
We would love to have gas, but we are not near a gas line and it is over $30,000 to have a line ran and convert to gas.
Is it worth it to buy the house, and replace the existing (old) oil furnace with a brand new 2012-2013 model oil furnace? Will this be as cost efficient as gas, cleaner air, etc?
We rented an apartment in the past with a super old oil furnace and a bad experience. We really like this house, and want to see if we can make it work with brand new oil furnace. Advice appreciated!!!
How old is the boiler. Replacing the burner itself sometimes doesn't do much. if the boiler is really really old, sometimes you have an asbestos issue with removal
A new oil furnace would probably be a little more efficient than an old model but not much. If it's very old it might make sense to replace it so you don't wake up some freezing morning with no heat. When my furnace was close to 30 years old it started to require a lot of service calls on cold days.
I replaced my 18 year old oil fired boiler last year. I usually have to fill up by end of October every year. Im just a little bit over half a tank with the new set up. Def. a nice size savings from the old to new.
Thanks for that. I spoke to salesman and in comparing to a 30 yr old boiler he said the savings is about 275 gallons per year.
Sounds like a lot, not sure how fast someone goes through that amount.
Beware of salesmen! There are too many unknowns. The saving would be most likely from the burner component of the boiler which you could install on your existing boiler. However, you may be throwing good money after bad.
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