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if you qualify (which oil to natural gas is pretty easy to hit the thresholds), you can possibly get a 10 year, 0%, $10,000 loan, a rebate from the state, and a few other things.
You have to have a BPI certified contractor do a home energy audit first.
I'm moving forward with a boiler replacement and a hot water tank replacement, along with insulation work. I can let you know in a month or two if I am 100% satisfied with the contractor I chose.
Excellent, keep us posted. I am doing this next summer with or without the help of the state. $700 fill ups are no longer amusing.
Excellent, keep us posted. I am doing this next summer with or without the help of the state. $700 fill ups are no longer amusing.
the program is pretty amazing. might as well take advantage of it if it's there. i'm using a contractor called "Home Energy Matters" a bit further northwest of me. they have been good in the planning, but the work is yet to be done.
i won't save as much as you guys switching from oil, but it still makes sense to replace the older boiler with a 0% loan now. i imagine if i sell in 10 years, a 31 year old boiler will be a blemish, while a 10 year old one will be a selling point.
i'm really hoping the tankless doesn't disappoint me. i don't think it's necessarily worth the money, but it pushed me over the hump and got me an extra $1,000 rebate. so, spend $2800, get $1,000 back...and it's more efficient.
The thread is a little old, but my parents did the conversion back just before the holidays. They went with Hutchinson in South Jersey (Cherry Hill area), but I believe Hutchinson has a pretty big service area in the state. They went with the state energy program and had their old oil furnace and tank removed and replaced with a new gas system. They also had the central AC replaced with a more efficient model and had some extensive insulation work done on the house. Overall, they ended up spending about $8,000 themselves after all the rebates and opted for the 10 year 0% interest financing. They are paying around $66 a month, but believe that they will save enough per year to cut the actual cost by about half. They also enjoy the fact that everything is warrantied and under a service contract that was all included.
I have to say that I felt a big difference in their house before and after. They live in an older home (built around 1910) that was kept up with very well and had new windows and siding, etc. However, the insulation work eliminated any drafts that you used to feel and the new gas furnace has greatly reduced the amount of dust in the house. My mom is an avid cleaner and used to find herself having to dust 2 or 3 times a week when they were running the old oil furnace, now she is down to once a week, or may even on occasion go two weeks, but she doesn't like to admit that, lol.
They were also very happy with the amount of space having the tank removed freed up in the basement and they followed that up by redoing the basement and it is now much more open and usable then it used to be.
Obviously the examples mentioned here went well.
But anyone contemplating switching form oil to gas should take into account the size of thei gas line into the house.
If it was sized for just a stove/hot water heater, to add the furnace, they may have to dig up and replace/increase the size of the gas line into the house.
All just goes into the costs of making the change. and how long the payback will be.
Obviously the examples mentioned here went well.
But anyone contemplating switching form oil to gas should take into account the size of thei gas line into the house.
If it was sized for just a stove/hot water heater, to add the furnace, they may have to dig up and replace/increase the size of the gas line into the house.
All just goes into the costs of making the change. and how long the payback will be.
Or the gas company would just need to replace the pressure regulator at the meter.
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