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Old 12-02-2009, 09:28 AM
 
2,406 posts, read 5,725,357 times
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We currently have an electric stove and and fairly old oil furance, and are thinking of converting to natural gas for both heat and cooking. Because we are within 100 feet from the gas main, Con Ed will provide the gas line to our house for no charge. Our house is about 2,300 square feet.

Does anyone know if gas is cheaper or more expensive than oil? Do you think converting makes sense?

Thanks!
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Old 12-03-2009, 09:51 PM
 
1,594 posts, read 3,218,727 times
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Quote:
Originally Posted by rubygreta View Post
We currently have an electric stove and and fairly old oil furance, and are thinking of converting to natural gas for both heat and cooking. Because we are within 100 feet from the gas main, Con Ed will provide the gas line to our house for no charge. Our house is about 2,300 square feet.

Does anyone know if gas is cheaper or more expensive than oil? Do you think converting makes sense?

Thanks!
My neighbors with oil pay more in total heating than I did last year and that was before I upgraded to a superefficient gas furnace. There are a lot of other factors to consider though but I think over the long haul gas will be cheaper. My understanding is that we have more plentiful natural gas supplies than oil. Also get a super efficient furnace and your bills will be even cheaper.

Now I think you can also get a tax rebate and a rebate from Con Ed of the furnace is over 95% efficient.
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Old 12-04-2009, 07:52 AM
 
Location: Yorktown Heights NY
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Originally Posted by ponytrekker View Post
Now I think you can also get a tax rebate and a rebate from Con Ed of the furnace is over 95% efficient.
With oil you can get tax rebates for using "green" eco-friendly oil. We get some kind of blend of oil and get a tax rebate for it. You also get a rebate for having an efficient boiler.
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Old 12-10-2009, 01:09 PM
 
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Natural gas is definitely cheaper than oil and in the long run is less suspectible to price spikes caused by speculators and wars.
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Old 12-10-2009, 01:49 PM
 
Location: Dutchess County, NY
35 posts, read 112,514 times
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A 2nd plus to cooking with gas vs. electric is the ability to control the heat is much better with gas. Not too many pro chefs using electric stoves. If you are into cooking then go with gas for the stove.

Gas or oil, vs. electric heat, both should be cheaper than electric unless there's a great all electric house discount plan. If you go with gas then make sure that the gas mains are sized to handle a tankless gas water heater even if not installing one. They take extra gas flow vs. tank type, but use gas only when needed.

Installing forced air vs. radiators would be a huge cost, but helps with central air.
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