Converting Your Oil Furnace to Natural Gas
Oil to Gas Conversion with Furnaces
If you are considering making the conversion from oil heat to natural gas, you should take the plunge. Heating oil is quite costly in comparison to natural gas. Studies show that customers who switch from oil heat to natural gas can save well over $1,000 per winter. Be sure to schedule your conversion as soon as possible as there is often a growing backlog of people who have decided to make the switch.
Conversion to natural gas
How much longer are you going to sit back and watch the price of oil escalate before you make the conversion to natural gas? The transition is somewhat costly at the outset but it is guaranteed to pay for itself over time. A switch from oil to natural gas is a fairly elaborate process that costs somewhere in the range of $3,500 to $8,000 for a normal single family house. The price varies depending on the expenses involved with installing a gas line and the style of furnace selected by the consumer. On average, the installation pays for itself within four to six years of making the conversion as you’ll save from 15%-40% on heating bills. It is likely that you will break even within five years or less of the switch.
Heating oil for warmth
Did you know that only 8 million homes in the United States still rely on heating oil for warmth? Considering the nation’s population, that is a very small percentage. The trend is certainly moving away from oil and towards natural gas. Join the movement. Making the switch will not only reduce your heating costs in the long run but it will increase the re-sale value of your home. Potential buyers will be looking for modern homes with up to date heating technology.
The expense of Oil verses Gas Furnaces
Most people know that it is less expensive to heat a home with natural gas than oil. The prices of both have climbed, especially in recent years but oil prices have increased at a much higher pace. Oil prices are quite volatile in comparison to natural gas prices. The price of heating oil is attached to the value of crude oil on commodities markets as it is similar to diesel and kerosene. Therefore, heating oil has large price fluctuations. It should be noted that when gasoline prices drop, heating oil prices usually do not drop. Their values are not intricately tied to one another on the market.
The heating oil industry has publicly admitted that it is cheaper to heat your home with natural gas instead of heating oil. This is likely to continue into the future. Each year the heating oil industry loses about half a percent to one percent of its nationwide customers. Most of the decline is due to pricing but many customers have also expressed concerns over soot that results from oil and tanks that leak. Gas is a very clean method of heating. An oil furnace burns much hotter than a natural gas furnace, hot enough to burn the particles of dust in the air. When these particles of dust are burnt as, they pass through the heat exchanger in an oil furnace they are turned into soot. You can see this clearly by looking at a heating register in the wall or floor where many times the black soot can be seen as dark spots on the paint around the register.