How much can I save with a new heating system?
This is the most common question people have when they realize they need to replace their failing heating system.
When calculating your potential savings, you have to factor in the current efficiency of your current system, its age and the condition of the system as a whole. Your oilheat technician can help you with this information.
Here’s the usual yardstick for savings: You have the potential to save 20%—or sometimes more—when you replace your aging oil furnace or oil boiler.
As an example, suppose your fuel costs amounted to $2,500 last year. After you upgrade to a new high-efficiency system, you’ll reduce your heating fuel expenses by 20%. This calculates to a savings of $500 per year. This means you can see a payback on your investment in just a few years.
There’s yet another benefit that comes with new high-efficiency heating equipment: fewer repair bills. In fact, if properly maintained, your system should deliver many years of problem-free service. Check the owner’s manual or talk with your technician about a proper maintenance schedule.
Did you ever wonder: “How does oilheat work?” Whether you choose a new high-efficiency heating oil boiler or heating oil furnace as your new oilheat system, you can count on increasing your home comfort while also decreasing energy usage, and with that, your annual heating costs. In order to make smart choices, read more about how oil boilers and oil furnaces work.
Heating oil storage tanks can last for decades. But they don’t last forever. Most experts agree that if your heating oil tank is more than 30 years old, it’s time to consider replacing it. Why wait for trouble? Read about your options in new oil storage tanks and learn the warning signs that will alert you to a failing old oil tank.
When deciding on a replacement heating system, you’ll want to partner with a full-service heating oil company that has highly trained personnel with the knowledge and equipment expertise to guide you to the best choice.
Your installer will first determine how much BTU power your new system needs, and then install it properly to guarantee you many years of comfort and energy savings. Read about choosing the right equipment.
If you’re ready to replace your old furnace, boiler or oil storage tank, contact your Hudson Valley oilheat company for more information. Be sure to ask about current rebates in the Hudson Valley that could save you as much as $750* on your investment in new oil heating equipment. Your oilheat company can help you qualify for these rebates.
*For illustrative purposes only; energy savings and equipment costs vary.