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Jan 10, 2014 9:01:39 AM by Paul Giorgi

High Heating Oil Costs Got You Down?

Piggy Bank

This winter so far has dealt us some brutally cold weather. With this comes high home heating oil usage as well as the associated high costs. There are many improvements that you can do to burn less oil and obviously save money and quite possibly increase your comfort levels.

The most obvious improvement most HVAC companies would recommend is the replacement of older inefficient boilers and furnaces with newer high efficiency equipment. This alone can save up to 30 percent of fuel usage depending on how old and inefficient your present equipment is. However, this may or may not be the best way to cut costs and improve efficiency.

If you have a boiler with a summer winter hook up for your domestic hot water and it is still in good shape and relatively efficient you may want to look into the addition of an indirect hot water tank for your domestic hot water. These systems are much more efficient as your boiler does not run as much to supply your home’s hot water needs. These tanks are super insulated and provide almost unlimited hot water and are built to last.

If you have a forced hot air furnace with central air conditioning you may want to look into the replacement of older inefficient AC units with a new high efficiency heat pump. This can be used as a hybrid system where the heat pump works down to a temperature of say 35 degrees, when it gets below that the furnace would kick in and perform the heating. In addition, you would save money during the cooling season with the high efficiencies of the heat pump.

You may want to look into upgrading your home’s building envelope. It usually doesn’t make sense to add expensive high efficiency equipment to a home that is leaking like a sieve and is not insulated properly. Most people think expensive window replacement is the answer but truth be told there are other areas of your home where you can make improvements that cost much less and make a far bigger impact in energy costs and in home comfort. To get a comprehensive guide to accomplishing this you may want to consider a home energy assessment from a BPI certified Building Analyst. They have the tools and know how to maximize your home’s efficiency and comfort.

Obviously these improvements cost money and fortunately there are home efficiency loans up to 15,000 available in our area where you can finance these improvements at rates as low as .99 percent. Most times the cost of the payment are offset by savings in energy costs.

Stop the bleeding, the longer you wait the more energy you use, the more money you waste!

This entry was posted in Central Air Conditioning, Hvac, Heating, ECI Comfort, Home Performance, Heat Pump, Comfort Challenge, Rebates, Energy Assessment, Preventative Maintenance, Home Comfort, Cooling, Financing, Fuel Oil, Heating System Conversion, Hybrid Heat, Home Maintenance

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