Choosing between a gas furnace and an oil furnace is not easy and may turn out confusing for many. Both these furnace varieties have their negatives and positives, and the final decision on which one to choose from the two invariably boils down to price. Let us take a look at the financial aspects of these furnaces and understand the cost implications.
Oil Furnace Positives
Clean Emissions: Oil has always been known for its 'dirt' component. While regular motor oil does not burn cleanly, the oil used for home-heating is quite kerosene-like, which is a very clean-burning oil type. Things tend to get quite messy within an oil furnace, but the emissions are cleaner when compared to gas.
Safety: Gas furnace fuel should be kept within the right pressure. In case of a leak, regardless of its size, a disaster is quite a probability. A small flame or spark can ignite natural gas, leading to a devastating explosion. While oil fuel also burns, it doesn't present any danger of explosion.
Gas Furnace Positives
Fuel Choice: Oil furnaces need oil and nothing else for their functioning, which can be quite a limitation, considering the fact that gas furnaces run both on propane or natural gas. Dual-fuel capability's advantage is that you have the option of switching between oils or could choose an oil type that's widely available or cheaper in your area.
Economy: Worldwide natural gas reserves are much higher than oil. Hence, oil prices may rise continuously, but prices of natural gas would stabilize.
Storage: Most firms offering natural gas supply provide free tanks for storage and arrange automated deliveries based on the user's specific gas usage numbers. Oil furnace usage makes buying an oil tank mandatory and the delivery must also be taken care of by the consumer.
Conclusion
Before you buy any furnace setup, ensure you have the price quotes from all the reliable HVAC contractors within your area. The actual equipment and installation costs of these furnaces may vary across vendors. Therefore, it's recommended to compare contractor costs and price. Ultimately, you'd like to have the best furnace for the lowest possible cost.
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