 | Oil-Fired Hot Water Heater? Good/Efficient? |
|
|
Question: I currently have hot water being supplied via my boiler, but the coil is very old and full of scale. I've been told by many professionals that replacing it is not the way to go. They are recommending installing a separate hot water heater. Since we do not have gas in my area, I am left with electric. I have calculated that an electric water heater takes $600 a year on average to run. Someone suggested an oil-fired hot water heater. Since I have oil heat, I think this might be the way to go. I am told that the installed price is $1400 for oil-fired, and electric is $600. The missing piece of information is how much it costs to run an oil-fired water heater per year. If I knew this, I could make my decision. Does anyone know?
Answer: This is not the perfect answer but our last oil delivery is in April and our first delivery of the season in first week of October. In this period (April to October) we used 55 gallons of oil. Basically we use the same amount of water all year so a rough estimate for our household of 2 is about 110 gallons of oil to run our hot water heater. Last year we got our oil for about $0.85. This year it is starting out at $1.145. Either way I would definatly get a seperate hot water heater and you'll see way faster recovery with the oil based versions over the electric. You've already got oil service so in my opinion you'd be foolish to go with an electric model.
|
 |
|
| |
Submit Your Question
Home