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Old 01-03-2017, 01:32 PM
Status: "Let this year be over..." (set 23 days ago)
 
Location: Where my bills arrive
19,219 posts, read 17,095,590 times
Reputation: 15538

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How long will oil prices remain low? Just the fact that you don't need deliveries is worth it.
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Old 01-03-2017, 01:34 PM
 
Location: Long Island
9,531 posts, read 15,886,849 times
Reputation: 5949
Quote:
Originally Posted by mv_2014 View Post
One of my friend told me that with lower oil price, having oil heating is cheaper than gas.
If prices are $2/gal (lowest from codfuel) and you use 800 gallons a year, then that's still $1600 or $133/mo.

When are you due for a new contract and what price can they give you? Service plan cost? You tell us if it's cheaper.

Also matters is the time it takes to make your return on investment (converting).

Last edited by ovi8; 01-03-2017 at 01:47 PM..
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Old 01-03-2017, 01:40 PM
Status: "UB Tubbie" (set 26 days ago)
 
20,049 posts, read 20,861,844 times
Reputation: 16741
Call the big boys and demand they throw in a service contract for free.
Just like buying a new car, wait until you negotiate the oil price then play hardball for the contract. They pull a Jedi mindtrick similar to what car dealers do, if you get them for the contract before the oil price they just give you a higher rate on the oil to compensate for the "free" service contract.
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Old 01-03-2017, 01:49 PM
 
122 posts, read 224,759 times
Reputation: 40
How to check for insulation problems? Do I need to call someone?
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Old 01-03-2017, 02:10 PM
 
Location: Long Island
9,531 posts, read 15,886,849 times
Reputation: 5949
^ you can get a free energy audit done. https://nyserda.energysavvy.com/star...dit/?s=contact

You can also get one of these to see where problem areas may be yourself: https://www.amazon.com/Etekcity-Lase...3477778&sr=8-2

My opinion though, unless you've got open walls/ceilings to put in all new insulation, I don't think it's feasible to tighten up the house to the point where it makes a monetary difference.
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Old 01-03-2017, 02:47 PM
 
6,384 posts, read 13,161,099 times
Reputation: 4663
I disagree. Ever seen these homes on LI that were built to the 1950's energy code? They have, well what was once R-19 in the attic. But after 50+ years its so brittle and worn down that its useless. I went from that to R-49 and the savings was very noticeable.
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Old 01-03-2017, 03:10 PM
 
Location: Long Island
9,531 posts, read 15,886,849 times
Reputation: 5949
^ we re-did our old ranch into a 2-story and made sure to do a high R-rating in the 2nd floor walls and ceilings. Some 1st floor walls remain untouched, as well as windows. The house can still get drafty and as our energy audit suction test can attest to, it is hardly airtight. I'm not sure if you're a single-story with a buttoned up roof and fewer walls to worry about, but better insulation only in some areas hardly helps us in the big picture. Which is why I said what I said about having every wall done or it's not worthwhile. What kind of savings are you talking about in a year?
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Old 01-03-2017, 04:04 PM
 
Location: under the beautiful Carolina blue
22,671 posts, read 36,804,509 times
Reputation: 19891
Quote:
Originally Posted by peconic117 View Post
Interesting. Ive never had that problem. My line is pretty new though.
We had every problem under the sun. One time the guy couldn't find the fill pipe in the front lawn. Really?!

When we bought that house we locked in at $1.19/gallon LOL.
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Old 01-03-2017, 05:16 PM
 
Location: Nassau County
5,292 posts, read 4,772,847 times
Reputation: 3997
Quote:
Originally Posted by twingles View Post
We had every problem under the sun. One time the guy couldn't find the fill pipe in the front lawn. Really?!

When we bought that house we locked in at $1.19/gallon LOL.
Lol! Gotta love it. Did they try to stick you with some "service charge" too for not finding the fill pipe?
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Old 01-03-2017, 07:06 PM
 
1,184 posts, read 720,671 times
Reputation: 884
Quote:
Originally Posted by ovi8 View Post
Gas cost us $87/mo. averaged out for the whole year. Compared to oil at over $4/gal at our previous house, it became a considerable difference. Apparently it still is if you're paying $300+/mo.

Last 12 months:
$120.36
$80.08
$41.92
$37.67
$39.47
$48.61
$47.95
$74.16
$110.75
$147.40
$154.33
$142.95

If you're staying in your home a long time, I'd consider converting for sure. No maintenance and no random cold nights waiting for them to show up to fix a clog. More satisfyingly, no haggling every year for a new contract.
My gas bill is pretty close, maybe 20 dollars more or less ...I had a really old 20 year oil burner and 50 year old underground tank that would stop working usually after a fill up. One of my fuel lines was 100% clogged... Petro charged me like 500 for the annual service contract, and 2 years ago the oil was 3.30 a gallon few years ago was rediclously high at 4+. I bought about 1200 gallons a year...I feel i saved a significant amount of money with the gas conversion...house is warmer, water is hotter, no more cold nights or break downs, dont need to worry about the aging underground tank leaking, and lots of cash savings. It was a win for me.
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