Blog

Installing A New Oil-Heat System To Save Money

Date: March 25, 2021

new oil furnace south carolina

If your oil boiler or oil furnace is at least 20 years old, consider replacing your heating system soon. The performance and reliability of heating equipment typically decline as it ages, and if you haven’t had your system regularly serviced, you might experience a decline even sooner.

At the least, a new system should help you save up to 20% on annual heating costs in your Palmetto State home. And if you upgrade from a really old system to a high-efficiency unit, your savings could be 40%—or more!

You’ll feel the difference in comfort while also saving on repairs. Having a new system will minimize the potential of a breakdown, which becomes increasingly common in older systems.

The Payback Point Is Real

A family that spends $2,000 per year to heat their home and reduces their annual costs by just 20% saves $400. If your new system costs $2,800, the payback time on a system investment will be only seven years.* How’s that for efficiency?

A new heating system is a green choice too. Emissions from an old system can be significantly reduced by upgrading to a high-efficiency heating oil system. Today’s heating oil systems are efficient and their emissions are negligible. Advances include systems with reduced fuel-firing rates. Plus, today’s growing use of Bioheat® fuel is reducing emissions and increasing efficiency even further.

How To Choose The Right Heating Equipment

When discussing your replacement options with your heating oil expert, you’ll most likely learn about the importance of proper sizing.

  • Sizing refers to the heating system’s Btu rating. If your equipment contractor installs something too powerful (oversized), it will give you more heat than you need, wasting energy and money.
  • But if the system doesn’t have enough power (undersized), your home will not feel comfortable, and you will spend more on fuel because the oil boiler or oil furnace will switch on and off throughout the day.
  • To determine how much power your home’s heating system needs, an experienced heating oil service installer will do tests that show how much heat your home loses in the winter.

A Proper Installation Holds The Key To Optimum Performance

Once the right system is selected, your heating oil service expert will install it the right way. This requires skilled technicians with specialized training. The bottom line: installing a new heating oil system will increase energy efficiency and save you money, as long as the boiler or furnace is sized and installed correctly.

Only an experienced heating oil professional can escort you through the process that results in an ideal home comfort solution.

Don’t wait until your system fails on the coldest day of our next South Carolina winter! Start doing your homework now by contacting your heating oil service contractor. Be sure to ask about current rebates in South Carolina that could save you a lot of money on your purchase.

*For illustrative purposes only. Energy savings and equipment costs may vary.