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How Home Oil Furnace Costs Compare to Natural Gas Costs

Last updated 7 months ago

Before you install a new furnace, it’s a good idea to consider how much you will be spending to heat your home every month. That price will vary depending on whether you decide to go with a furnace powered by natural gas or one that uses heating oil. Keep reading for some tips that will help you make your decision.

Compare the costs. While you can’t necessarily predict what the price of oil or gas will be a year from now, knowing what the current price is will help you get a better idea of what you will be paying from month to month. You should be able to find the current price of heating oil and natural gas on your local energy provider’s website.

Compare the energy used. Take the oil furnace you are considering purchasing and look up its average fuel oil consumption. Take that number and multiply it by the cost to get an estimate of what you would be paying to heat your home. For a gas furnace, do the same for the furnace’s average BTU output.

Talk to a professional. There’s no substitute for professional expertise. Talk to your local energy provider about what the likely cost difference will be between an oil and a gas furnace over the long haul. An experienced technician will be able to provide you with a better sense of which furnace will better suit your individual needs.

For more than a century, Griffith Energy Services has been providing outstanding HVAC service to the Baltimore and D.C. communities. We use state-of-the-art energy technology to help ensure that all of our customers are fully satisfied. If you are in need of home heating delivery, heating or cooling repair, or any of our other HVAC services, call (888) 474-3391 today. You can also click on the link to go to our website and read more about our services.

 

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