According to the U.S. Energy Information Administration, it will cost an average of $2,046 to heat a home with oil and $679 to heat a home with gas. Heating a home, unfortunately, is one of the most expensive ways to heat a home.
- There are three factors to consider when converting from oil to a gas hookup: the equipment costs, the hookup and if other expenses are involved. When all of these factors, as mentioned below are considered, the grand total to convert from an oil furnace to a gas setup could cost anywhere from as little as $4,700 to more than $12,500 in complex.
- 3 National Grid Low Income Conversion Incentives Qualifying Equipment Low Income Gas HEHE Rebate Total Proposed Conversion Incentive Rebate Condensing Boiler AFUE.= 90% Up To $7,500 $560 $8,060 Non-Condensing Boiler AFUE.= 85% Up To $5,000 $350 $5,350 Steam Boiler-electr ignition AFUE = 82% Up To $5,000 $350 $5,350 Furnace AFUE = 90% rating Up To $3,000 $140 $3,140.
“Series 40 Gas Heat” (CC BY-SA 2.0) by jblevine2004
How much does it cost to convert from oil to gas heating?
There are three factors to consider when converting from oil to a gas hookup: the equipment costs, the hookup and if other expenses are involved. When all of these factors, as mentioned below are considered, the grand total to convert from an oil furnace to a gas setup could cost anywhere from as little as $4,700 to more than $12,500 in complex circumstances. Since all jobs are so unique, consider getting multiple quotes for free from hundreds of reputable contractors in your area on HomeAdvisor.com. You can simply explain your job and watch the quotes come in.
([email protected], Tel.: +44 1509 282800) The download will be updated and availalbe by 10th of the month in January, April, July and October. Please note: DNV GL does not provide data on behalf of Scotia/Southern Gas Networks, Northern Gas Networks or Wales & West Utilities. At National Grid, we are committed to helping families in our community save money. With these exciting offers, we can make it easy for you to convert your home to clean, efficient natural gas heating by putting even more money back in your pocket. We will help you save hundreds on high-efficiency equipment if you convert your home to natural gas. Conversion process underway. Download the Residential Gas Service Agreement form and working with your plumber, fill it out and email it to [email protected] or fax it to 516-545-2333. You may also mail it to National Grid, 25 Hub, Melville, NY 11747 Attn: Gas Sales. Additional Service Line Charges.
For starters, the cost of equipment can cost anywhere from as little as $1,500 to more than $5,500 for a gas-fired furnace. A basic forced air furnace can cost $1,500 to $3,000, whereas a higher efficiency system can cost upwards of $4,000 to $5,500 or more.
Next, you need to factor in the hookup costs. For starters, the utility company, if they haven’t already done so, will have to dig a trench from the road to your home, and this process, depending on the utility company, can charge $1,000 to $2,000, but it’s possible some utility companies will waive or even reduce this fee if they want to really add you as a customer. Next, to add a hookup to the inside of your home, you will then need to hire a contractor in order to perform the job. Again, depending on some various factors such as your geographical location and the contractor you choose, this can cost another $500 to $1,000, bringing the hookup total to about $1,500 to $3,000.
Lastly, depending on your situation, you may need to factor in additional expenses such as lining your chimney, if necessary, and removing your oil tank. Lining your chimney, if you install a gas furnace, will likely be required due to the moisture inside the gas exhaust. If your chimney isn’t lined, it can damage the masonry. And although you don’t need to remove an oil tank, most owners do. Removing an above ground tank will cost about $1,000, whereas a buried tank can cost upwards of $3,500. Lining your chimney, again, depending on your setup, can cost $700 to $2,000.
Real estate agents had talked about this question on Trulia, and they said you should be prepared to spend about $5,000 to $7,000 to see a full conversion.
|What's Needed||Price Estimates|
|Gas furnace equipment||- $2,500 to $10,000+ for 73-83% efficiency|
- $2,500 to $6,500 for 90-97% efficiency
|Gas hookup||$1,000 to $2,000 to have utility company to dig trench to your home to install line.|
$500 to $1,000 to have the piping hooked up from the meter to the new gas furnance
|Lining Chimney (not needed, however, if you purchase high efficiency system)||$700 to $2,000|
|Removing oil tank||$700~ if above ground|
$3,000 if underground
|TOTAL||starts at $4,700+|
Tips to know:
Before considering the conversion, always make sure a gas line is accessible in your local area. This can usually be done by calling your local utility company.
How can I save money?
While converting may seem like a costly venture at first, it can pay you back in as little as five years, according to House Logic.
Tax refunds and incentives, depending on where you live, may be available. Talk with your local gas company to see if they know of any incentives you may qualify for.
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Today’s market presents a number of domestic heating and hot water systems, the variability of which meets requirements of various customers. Such variability gives you the possibility to choose any home heating systems that suits your home and satisfies your demands: steam radiant heating system, radiant heating system, forced air heating and cooling system, boilers (gas, oil, LPG), geothermal heating system, hydronic (hot water baseboard) system, etc. All of them have their pros and cons, but if you’re looking for convenient, high efficiency and cost-effective home heating system combination, take another look at gas boilers.
Gas Boilers for Home Heating: Things You Should Know
Gas boilers are the market’s most popular home heating system option. This high quality heating system has a number of advantageous which speak for themselves: convenient, highly efficient & reliable (smooth operation), easily-serviced (basic maintenances required on a regular basis to prevent undesired major repairs), cost-effective/energy-saving (uses little amounts of electricity, as the heat comes from the burnt gas, which is then used for domestic heating & hot water purposes), and, what’s most important, environmentally-friendly. All the abovementioned benefits have given rise to National Grid’s High Efficiency Heating Rebate Programs, which should serve the only goal – make this environmentally friendly and energy-saving equipment even more affordable for an average customer.
National Grid Gas Boilers: High Efficiency Heating Rebates
If you would like to install a high-efficiency natural gas heating boiler, which will prove helpful both to the environment and to your wallet (saves up to 30% of your heating-related energy costs), simply address National Grid, able to help you make this cost-effective equipment more affordable. National Grid promotes special Residential Energy Efficiency National Grid Gas Boilers Rebate Programs offering cash rebates of up to $5,460 for gas boilers, furnaces, boiler reset controls, programmable thermostats, indirect water heaters, heating duct insulation, air sealing, etc.
National Grid Natural Gas
These National Grid’s High Efficiency Heating Rebates, which vary depending on equipment type and where customers reside, are usually available for existing residential gas heating and oil-to-gas conversion customers. In order to qualify for rebate your heating equipment must meet National Grid efficiency standards, and must be installed by a qualified/licensed heating contractor or plumber (Web Submission ID must be obtained), who can help you to select the heating equipment that’s right for your home. After installation (within 60 days of the rebate reservation request), complete any required documentation and submit a rebate form, and mail it correspondingly. After that you may be granted a cash rebate.