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Old 03-31-2008, 03:13 PM
 
208 posts, read 913,516 times
Reputation: 66

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Can some of you with oil heat give me examples of what I would expect to pay on a monthly basis for an average sized three bedroom ranch?

I know there are many ways to pay for oil, but I am interested in a monthly cost, because that is what I am used to with gas heat in my current home. New home will be oil heat.

thank you
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Old 03-31-2008, 03:47 PM
 
Location: new yawk zoo
8,688 posts, read 11,074,410 times
Reputation: 6360
too many variables to contend with:

square footage
age of house, amt of windows, style of house
wild fluctuations of oil prices skew the avg.
oil is just for heat or is it for water too
How many people in the house and if they are home all day.
Contract that locks in rate vs pay as you go contract vs COD without contract
Efficiency of the furnance

FYI, my 2200 Sq foot 3 zone home comes to about $110 a month over the course of the year. That is with 3 adults, 1 infant. Someone is home all day. I do cash COD without a contract on all my deliveries. With the recent oil price spike, I think it crawling higher as of late. I would guesstimate that is closer to $200 a month avg as of late...with home heating oil hovering the $4 a gal..if not more.
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Old 03-31-2008, 05:13 PM
 
Location: Inis Fada
16,966 posts, read 34,710,128 times
Reputation: 7723
My household 4 people: 2 adults, 1 teen and an 8 year old.
80 year old house OHW heat
My variables:
2000 finished sq feet main level
unfinished basement under most of house
unfinished attic over 1/3 of house
Cathedral ceilings in over 1/2 the house
80 year old windows in 1/2 the house (great condition, never painted and operate smoothly -- too much character to replace)
4 zones - 3 are baseboard, 1 is radiant. Will be installing a 5th zone for the basement.
Spa bathroom with multiple jets, massagers, etc.

We use on average about 1,000 gals per year.
During the heating season I am looking at 25 gal/week.
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