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June 29, 2006
Oil Vs. Gas
I'm a first-timer here and didn't "allow comments" with my early post. Sorry, here it is again:
My 5 story 5,000 sq. ft. single family townhouse uses forced hot air coming from a large and quite old, but functional oil burner. I just learned I have water in my oil tank as a result of a leaky oil filling pipe coming from the street. Before paying for repairs I want to consider conversion to gas heat.
Does anyone know the costs of a new gas furnace/burner plus installation? I would also need new (larger) gas service brought it from the street. Con Ed is my gas supplier.
Also, does anyone know the difference in heating bills with gas vs. heating oil these days?
Thanks.
Comments
I just paid $9200 for the removal of the old and installation of the new gas boiler. I have 25X 43 single family detached 3 story.
Posted by: Anonymous at June 29, 2006 5:34 PM
We got a free boiler when we switched to gas from oil through Keyspan (4 story 19x40 brownstone). Our old boiler was still working but was installed in 1932 so probably not all that efficient. I want to say the removal of the old boiler (asbestos clad, of course, so we had asbestos abatement done at the same time) and installation of new boiler was somewhere around $7500-8000 three years ago. We used Metropolitan Heating. Our fuel bills dropped drastically.
Posted by: Anonymous at June 29, 2006 9:48 PM
4 years ago I did the keyspan thing too, cost 5500 installed, for 150kbtu Burnham. Ours is 3000 sq ft, 4 floors.
Old oil burners are quite inefficient (ours was running at 55% efficiency) compared to the best new gas (up to 94%), so you'll save quite a bit there. If you go the Keyspan route, be sure to do your research on boilers because they'll not give you many options, *and* will recommend a larger boiler than you need (this is common, most heating systems are oversized because the installer never wants to get a callback for insufficient heat; as a result, you get to pay more forever).
Oil vs gas costs is a constant battle, right now they're almost identical (gas at 1.75/therm, oil at 2.40/gal)
Posted by: cmu at June 30, 2006 9:47 AM
Con Ed is giving a free boiler with gas conversion as an incentive which just started in June 2006. Regarding actual installation/removal costs, I used Keyspan's contractor bid feature on their website which allowed me to compare prices which ranged from $3200-6000 from 6 different contractors. These prices did not include cost of asbestos removal (if found).
Posted by: Nicole at June 30, 2006 6:06 PM
I did the conversion with keyspan the instalation 1 year ago and a new boiler and removal of the all installation it cost 4700.00$ for 20 by 40 brownstone 3 floor.
Very happy with it
Posted by: benoit at July 12, 2006 10:20 PM
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