With natural gas costing around 50 percent less than heating oil, many homeowners are finding the initial cost of conversion worth the long term savings in fuel cost.
While the price advantage of natural gas generally means a new gas system will pay for itself in as little as 5 years, there are other costs to consider:
- The cost of the new equipment (gas-fired furnaces and boilers generally cost less than oil-fired equipment)
- Installation cost
- The cost to run a gas line to the house
- The cost to dispose of the oil tank and old equipment
Other reasons to consider natural gas over oil include:Smaller Footprint
Gas equipment typically takes up less space than oil equipment.Incentives
Federal and state tax incentives may be available for upgrading to high efficiency heating systems.Convenience
No more oil deliveries, gaps in service, negotiating with your oil company, or prepaying. Natural gas is always available.Domestic Fuel Source
Unlike most heating oil, natural gas is an abundant domestic fuel source.
With a natural gas line you can reduce your utility bill by converting your electric clothes dryer, stove and water heater to less expensive natural gas.Environmentally Friendly
Natural gas is the cleanest-burning fossil fuel and a highly efficient form of energy. Converting from oil to natural gas can reduces CO2 emissions by around 27 percent.
Have questions about converting from oil to natural gas? Give Air Specialties Heating and Air Conditioning a call, we can help answer all your questions.