Replace Oil Furnace With Propane

So if it s time to replace your old oil burning system you might be wondering if it makes sense to switch.

Replace oil furnace with propane.

How does the cost of propane rank against oil natural gas and electricity. They ve been used longer than gas or electric furnaces and are common in the northeast where there s a lot of oil. Without a natural gas source most homeowners turn to either propane gas or oil furnaces for their heating needs. For the same size propane furnace prices are around 4 000.

A new heat pump would cost a homeowner 25 600 to buy and operate over 15 years compared to 26 900 for a replacement furnace that continues burning heating oil or 39 200 for propane. How to replace oil heaters with greener alternatives. When replacing an older furnace it is possible to consider switching to a different fuel type though most homeowners stay with what they already have to make a change some variables should be considered. Oil furnaces cost anywhere from 6 750 to 10 000 or more to install.

Due to current oil prices however they are considered obsolete. First it is important to note that each of these fuels generates heat differently. Contractors and homeowners are switching away from fuel oil to gain efficiency comfort and reduced maintenance with propane or natural gas furnaces. One gallon of heating oil burned with 100 efficiency would generate 138 690 btu of heat.

Propane vs oil furnace. As oil to propane boiler conversions become increasingly popular in the northeast a similar trend is spreading in the forced air heating market. One gallon of propane burned with perfect efficiency would generate a mere 91 333 btus of heat. The year before when oil prices peaked oil heating cost an average of 2 000.

However you should use that baseline to work out whether the replacement of your boiler is worth the money. Oil costs are higher than propane so using oil means higher heating costs each winter. Don t compare the costs of your old oil furnace with the values of a new propane system. The oil furnace unit costs slightly more with total costs of about 4 800 installed.

Note your current expenses and then add up the price of a new oil system and a new propane furnace. Oil furnaces are another option for heating your home when gas is not available. Since 2002 oil heat has averaged 30 to 50 more than gas every year. All heating systems run the risk of carbon monoxide emissions.

Oil furnace replacement cost.