Loki
Legacy Member
Hello MR,
I moved into a house recently and it has oil + electric heating.
Above -12C = electric furnace (at a reduced rate), below -12 = oil furnace but electricity costs 5x.
On paper the system is advantageous over the course of a year, compared to straight electric at the normal rate, given the last 20 years of -12C days/year.
But, the whole thing will need work in the next few years, so I'm looking for advice on optimal heating solutions.
The oil tank needs to be replaced soon ($3k?) and the A/C and furnace will probably need love in the next 5 years ($manyK)
So I'm looking at whether I keep the oil and invest in a new tank, or just get rid of the oil and invest that money into better electric solutions.
For one, there is no heatpump in the system at the moment, so that would be an obvious thing to add when I redo the HVAC and I could put the money toward that.
Maybe it's best to keep the oil AND add a heatpump? I'm not afraid to invest in hardware, as long as there's a net positive ROI after x years.
Ultimately the goal is to choose new components such that overall heating/cooling costs are lower. For those who've done this before, what would you do?
I feel like I'm lacking the vocabulary/methodology to think about this stuff rationally.
Thanks!
I moved into a house recently and it has oil + electric heating.
Above -12C = electric furnace (at a reduced rate), below -12 = oil furnace but electricity costs 5x.
On paper the system is advantageous over the course of a year, compared to straight electric at the normal rate, given the last 20 years of -12C days/year.
But, the whole thing will need work in the next few years, so I'm looking for advice on optimal heating solutions.
The oil tank needs to be replaced soon ($3k?) and the A/C and furnace will probably need love in the next 5 years ($manyK)
So I'm looking at whether I keep the oil and invest in a new tank, or just get rid of the oil and invest that money into better electric solutions.
For one, there is no heatpump in the system at the moment, so that would be an obvious thing to add when I redo the HVAC and I could put the money toward that.
Maybe it's best to keep the oil AND add a heatpump? I'm not afraid to invest in hardware, as long as there's a net positive ROI after x years.
Ultimately the goal is to choose new components such that overall heating/cooling costs are lower. For those who've done this before, what would you do?
I feel like I'm lacking the vocabulary/methodology to think about this stuff rationally.
Thanks!
