This column was contributed by a association member.
Our home’s heating oil arrangement is up for face-lifting in December. In 2010, we switched to a account plan advantageous $3.06 per gallon of #2 oil. For 2011, the bulk rose anytime so hardly to $3.09.
And again in December 2011, we renewed beneath a cap plan to abstain ammunition spikes, which seemed like a acceptable move at the time. But every ammunition oil commitment aback again has been at the best cap amount of $4.50. Bummer!*
What are the alternatives?
We accept done some air-sealing and insulation assignment to access our home’s activity efficiency. I acerb acclaim the local EnergizeNY affairs to advice you addition abundance and savings! That’s a help, but…
I went to the ConEdison website for gas conversions. They accept a calculator, “Estimate Your Savings,” aloof for folks, like me, analytical about affective oil to accustomed gas.
I acquainted in our boilerplate anniversary oil use (800 gallons) and the ante from 2011 and 2012. I acclimated a agenda year acceptance boilerplate for accomplished 2 years to antithesis aftermost year’s balmy winter with the above-mentioned year’s abundant colder winter.
At aftermost year’s oil amount ($3.09), according to the calculator, I would accept adored aloof over $660 at today’s gas prices. Nice.
But at this year’s oil amount ($4.50), the calculator tells me I would save a about $1,800! Fifty percent savings?! Really?! Now I am advantageous attention!
The ConEd awning attempt for 2012 shows our $4.50 in oil according to $2.28 “Natural Gas (cost bidding in a gallon of oil).” Say what?
I accept no abstraction how ConEdison calculates the about-face amount based on this somewhat awkward explanation. Is this too acceptable to be true?!
Both ammunition oil and accustomed gas prices fluctuate. Which article is best cost-effective per assemblage of heat? That depends! One gallon on heating oil (#2) contains the aforementioned calefaction agreeable as 1.39 therms of accustomed gas.**
So, theoretically, If 1.39 therms of gas costs beneath than one gallon of oil, gas should be added cost-effective.
While at the ConEdison site, I downloaded our gas and electric history. Over the accomplished 24 months, our gas amount has averaged $2.74 per therm (total account gas accuse disconnected by account therms).
Multiplying that boilerplate amount by the about-face amount yields $3.80 [here’s the math: $2.74/therm x 1.39 therms/gallon = $3.81]. That is 15% beneath what I am advantageous now. And able-bodied beneath the boilerplate ammunition oil amount accessible on non-budget plans. At that rate, we’d save $500 a year. Not bad.
Our home already has accustomed gas for hot baptize and our stove. Thank advantage for that! Otherwise, actuality is the ConEd timeline diagram for the “Request for Gas Service” process! Note all the cat-and-mouse periods in red!
We accept an old but reliable Weil-Mclain boiler that makes beef for our radiators. We’ve captivated the beef pipes and, during above-mentioned home renovations, cloistral their bank chases. Our basement’s axle bowl is aerosol foamed to annihilate the chase aftereffect that makes earlier homes drafty.
According to our Activity Star home activity appraisal that we got through EnergizeNY, our boiler is about 82% efficient, not bad accustomed its age. Of course, we’ve replaced best of its affective genitalia and the burner over time. The burner sits on the basal advanced of the boiler, agriculture in the oil now.
Can we catechumen the burner in our heating arrangement from #2 oil to accustomed gas, while abrogation the absolute boiler assemblage in place? What would that cost? How continued would that booty to pay back?
I’ll accumulate you posted. I’ll accept to alarm in a heating expert! Leave a comment, if you’d like to apprentice added about oil to gas conversions. Or if you appetite to canyon on some advice!
* All the ammunition ante actuality accommodate all taxes and surcharges.
** 1 gallon [U.S.] of alcohol #2 ammunition oil = 40.7 kilowatt hours = 1.39 therms of accustomed gas
PS. Our oil catchbasin is aloft arena in the basement and in acceptable shape. It does booty up 18 aboveboard anxiety of prime accumulator space. If we do catechumen the burner to gas in appearance 1, appearance 2 ability be absorb removing the oil catchbasin and putting up shelving for all the important being bottomward there!
Thanks for your feedback.
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