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Oil Boiler Replacement Costs

June 6, 2023

After many years of reliable service, your old boiler may eventually begin to lose efficiency and reliability, necessitating its replacement as soon as it does. When this occurs, replacement should be the top choice.

An oil boiler utilizes heating oil to heat your home, offering superior energy efficiency and longevity compared to its gas counterpart. They're an ideal option for households without access to natural gas.

Cost

Installing a residential boiler varies in price depending on its size and fuel type, as well as who you hire as your contractor and its energy efficiency rating. Selecting the appropriate-sized boiler will save money over time.

Oil boiler installations tend to cost more than their gas or electric counterparts. You will require a separate fuel tank and delivery, and may have to upgrade your ductwork in order to accommodate it (ductwork upgrades can cost as much as $40 per linear foot).

Average costs associated with purchasing and installing a new boiler range between $4,000 to $7,000. This estimate covers the removal and disposal of your old unit, installation of your new boiler unit and gas line connection costs. A Manual J calculation should take into account factors like square footage, climate zone and insulation values when sizing your boiler for optimal energy efficiency and reduced monthly heating bills.

Energy efficiency

At some point in your boiler's lifespan, its efficiency, reliability and performance may begin to decline significantly. At that time, paying for repairs may no longer be cost effective or necessary - providing you with an ideal opportunity to switch out for something that meets all your heating needs more effectively.

Oil boilers use a heat exchanger to convert fuel into heat for your home, with this energy then distributed through pipes to radiators and hot water tanks. They also require an oil storage tank - usually outside - for efficient functioning.

Oil-fired heating systems may not be the greenest choice, but they still make for a practical option for homeowners without access to natural gas. Unfortunately, they can be costly to operate and prone to price fluctuations; furthermore they could potentially harm the environment and lead to environmental liabilities; thankfully there are other solutions such as electricity-based systems available as alternatives for homeowners.

Capacity

Size matters when it comes to boiler costs; larger boilers use more fuel and may cause premature component breakdowns. A professional HVAC contractor can help you identify an ideal size boiler for your home.

An oil boiler can save money over time by reducing heating costs, maintenance and repair expenses and emissions, which makes it an appealing option for households seeking to reduce reliance on fossil fuels.

Before hiring a contractor to install or replace your oil boiler, obtain estimates and a thorough description of what work will be performed. Also obtain any guarantees or warranties in writing from potential contractors; these should include price for new boiler as well as extra pipework needed, relocation of flue or relocation or installation/removal of water tanks/cylinders etc.

Installation

Boilers don't last forever and may become less efficient over time. If your heating performance decreases significantly or it keeps breaking down frequently, it may be time to invest in a replacement boiler.

Dependent upon your heating needs and budget, there is a variety of oil boilers to suit every home. To determine which is right for yours, ask HVAC technicians to perform a Manual J calculation, which takes into account factors like square footage, climate zone, insulation values, windows and exterior doors before calculating an exact size boiler that suits it best.

Installing a new oil boiler can be expensive, so it is crucial that you receive accurate estimates from contractors in order to avoid overpaying. When comparing quotes from up to three installers, you can be confident you are receiving the best price on your new boiler installation. Furthermore, energy-efficiency grants or subsidies may reduce installation costs further.

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Originally published: 

June 6, 2023

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Jason

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I enjoy designing and curating experiences both virtually and in 3-dimensional reality.
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