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.
Changing from oil to propane furnace.
We also have talked about putting in a propane tank as we will eventually do the kitchen and want a gas stove we hate cooking on electric and may eventually add a propane fireplace.
However the lower fuel cost makes a gas furnace cheaper to operate and the relatively clean burning fuel is.
Almost any existing oil burner can be converted to propane gas with the carlin conversion gas burner by the pros at combined energy services when used for year round heating special programs that subsidize the cost of the conversion are available call for details.
A conversion from propane furnace or an oil gas furnace should only ever be done by a highly trained licensed furnace technician.
How does the cost of propane rank against oil natural gas and electricity.
Since we already are removing the oil tank and boiler and want to put in propane for cooking should we just convert the heating system to.
One gallon of heating oil burned with 100 efficiency would generate 138 690 btu of heat.
Natural gas furnaces on the other hand may only be as efficient as an oil heater.
First it is important to note that each of these fuels generates heat differently.
Conditions apply please call for details.
Total cost for replacing an oil furnace with a gas furnace.
The cost of the furnace and basic installation is going to be very comparable whether you choose oil or gas.
Contractors and homeowners are switching away from fuel oil to gain efficiency comfort and reduced maintenance with propane or natural gas furnaces.
Switching the fuel source from oil to gas is where the added expense comes in.
500 annual savings is an estimate based on average propane and furnace oil prices in select markets switching from a 74 or lower efficiency oil furnace to a 93 or higher propane furnace.
The average cost of a furnace and installation is under 5 000.
Installing ductwork throughout your house is a big job and usually requires a heat loss calculation be done by an engineer costs about 500 800.
In total you might expect to spend 3500 8000 to switch from an oil or electric forced air furnace to a high efficiency propane or natural gas system.
Converting from electric baseboard heating or a boiler system in this case your home most likely doesn t have any ductwork which makes the switch much more complicated and costly.
Propane and natural gas are highly incendiary fuels and as such should only be handled by professionals who know what they are doing.