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Oil to Gas Conversion Can Save Money on Heating Costs

January 10 2017

Oil To Gas Conversion

For any homeowner, the choice to convert a heating system from oil-based to gas-based is prudent. There are many important benefits of an oil to gas conversion: such as cost savings, environmental protection and operational efficiency.

There are reasons why heating with oil is more expensive. Most natural gas is mined in North America and that makes its pricing less volatile than oil. The cost of oil is also higher because it gets delivered by truck, whereas natural gas is sent through a utility company’s gas line. Maintaining gas heating equipment is also less expensive than maintaining an oil furnace.

According to the U.S. Energy Information Administration, it is estimated that natural gas is used in over half of the heating systems in the U.S. (electricity accounts for 34%, oil 8% and propane 6%). The nation’s average cost of heating a house with oil is $1,700 annually, while using natural gas only averages about $900.

Higher costs are not the only reason for homeowners to make the switch. It’s common knowledge that natural gas furnaces have significantly lower carbon emissions than oil, so installing a gas furnace can also help save the environment. There are also select government rebates for homeowners who choose to install more efficient heating equipment.

Installation of a natural gas system includes a metered connection both inside and outside the house and an underground pipe that will be run from your house to the gas main. Once installed, the utility company will install the pipes from the meter to your heating plant.

It’s wise to choose an oil to gas conversion if the fuel-cost savings can eliminate the conversion costs in less than five years. Before you make the switch, visit a plumbing supply showroom to learn more about the best gas furnace options for your new system.