As natural gas and oil both drastically change in price year after year, it would seem that an oil to gas conversion for your HVAC system might not be advisable. On the contrary, converting your furnace and water heater to natural gas is definitely a wise decision and will ultimately pay for itself in utility cost savings.
Natural gas furnaces cost approximately the same as oil furnaces and cost up to 65% less to provide the same amount of heat. Typical, high efficiency gas furnaces cost between $800-$2,000 plus installation and misc parts. Call a couple of local heating companies to get an accurate estimate which meets your usage and homes needs. You should easily save the entire cost of the system within a few years.
While this reason should make the decision very easy to make an oil to gas conversion, consider these other benefits as well.
- Check with your local gas company because they may have incentives or rebate programs if you make the switch from oil to gas. For example, in Rhode Island (where we are) the gas company is National Grid and they are currently running a rebate program for oil to gas conversions. Check out our resource page for links to all types of incentives and rebate programs. For oil to gas conversions with National Grid in Rhode Island, check out this link.
- Natural gas is the cleanest burning fossil fuel. It produces 40% fewer greenhouse gases and carbon dioxide as well as emits no soot or fumes and almost no sulfur dioxide.
- In addition, the homeowner is able to remove the oil tank eliminating health and safety risks.
- Lastly, North America supplies well over 95% of the natural gas used in the U.S. and reduces our dependence on foreign oil.
The End Result
Homeowners who make the decision to make an oil to gas conversion can expect lower utility bills, less odors, more room in their basement and less health risks. They are also supporting an American industry and its workers and showing their concern for their neighbors and the environment.
If your in Rhode Island and interested in learning more about oil to gas conversions, give us a call to come out to your home for a free estimate. We’re an approved National Grid oil to gas conversion installer for the State of Rhode Island.