New oil burner replacement costs? (how much, furnace, Lowes, tank)
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We're looking at replacing an old( 30 years) cast iron oil burner. The major issue is the coil plate is pretty badly corroded and the oil delivery system needs code updating. The house is 1100 sq. ft., hot water radiators. Recorded efficiency is 85% so that's still okay.
We were quoted over $11000 installed which is extremely high, IMO. I realize that right now prices on many things have jumped up 50% this past year which might explain it, but still. I'm getting another estimate but is that the going rate? Or should we spend a fraction of that if we can just get it repaired? There's no way this will pay for itself in under 20 years.
I had a new oil furnace installed in April. Small house, one floor, forced hot air baseboard registers. It cost $4900 including removal of the old. That was the lowest estimate. I had a grant and did not see the other estimates, just the final bill of work.
The first furnace they brought was too big to get down into my basement, the stairway is very narrow and the doorway is tiny. They brought a smaller model, same price. It's wonderful! And the filters are a lot cheaper too.
My furnace (came with the house) was over 50 years old and reeked of oil every time it kicked on. I went through two winters with it, I bought the house in summer 2020. It was not fixable.
I'd replace it, you have a thirty year old unit which is about ten years past its life expectancy. The heat exchanger will be the next to go.
The price, without knowing where you are, is in the ballpark. I replaced my oil furnace about six years ago and it was $7500 without the ancillary work you mentioned.
I see you've already had the "I can do it for $10" crowd chime in.
I purchased an Energy Kinetics System 2000, oil burner in December of 2010. It was $9,800 back then. The house is a little over 2000 square feet. It is still running well. I have it serviced every year.
Last winter a natural gas line was ran in our area, so I had them change out the burners with a conversion kit and now I have it running on gas. The cost to change it out was around $3,000. Natural gas boilers are supposed to last longer so I am hoping to get at least another 10+ years of service out of it.
I would like to add that I was very happy with my Oil burner. And I kept the oil tank and and parts to convert back to oil if it becomes more worthwhile.
I thought it was a very high price, but things have gotten pretty insane this past year with inflation and home prices going through the roof. So i gave them the benefit of the doubt that maybe a 50% price increase over what I'd estimated was ballpark. I'm getting another estimate next week. The installer works for a company that delivers our oil, which was bought out by a bigger company recently.
Could the coil and coil plate be repaired and then for how much? I can live with a $1000 or $1500 repair bill with the new tiger loop thing being added in.
I thought it was a very high price, but things have gotten pretty insane this past year with inflation and home prices going through the roof. So i gave them the benefit of the doubt that maybe a 50% price increase over what I'd estimated was ballpark. I'm getting another estimate next week. The installer works for a company that delivers our oil, which was bought out by a bigger company recently.
Could the coil and coil plate be repaired and then for how much? I can live with a $1000 or $1500 repair bill with the new tiger loop thing being added in.
Tiger loops aren't expensive, but they aren't repairable. Anyway, I live in Fairbanks, Alaska and can have a 4-zone Carling boiler delivered to my house for under $3,700 with a Carlin burner (sold both sold as a unit or kit). Things are more expensive in Alaska than in most places. Parts and labor would cost me around $6,000 (the entire boiler and work) since the tiger loop on the boiler now, and the burner (Rhiello F-40), and also the boiler's manifolds can be reused-if they are made of copper. One of the manifolds is where the zone valves are mounted on.
What you want to do is to get a couple of estimates from reliable "heating" companies. Sometimes cheaper is not better. Maybe you can ask your neighbors, at least the ones who have had boilers replaced within a year or two?
We're looking at replacing an old( 30 years) cast iron oil burner. The major issue is the coil plate is pretty badly corroded and the oil delivery system needs code updating. The house is 1100 sq. ft., hot water radiators. Recorded efficiency is 85% so that's still okay.
We were quoted over $11000 installed which is extremely high, IMO. I realize that right now prices on many things have jumped up 50% this past year which might explain it, but still. I'm getting another estimate but is that the going rate? Or should we spend a fraction of that if we can just get it repaired? There's no way this will pay for itself in under 20 years.
One pipe or two pipe system?
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