Is it worth converting the burner on my furnace from oil to gas? Here is the situation:
My 40 yr. old fuel oil tank is leaking and needs to be replaced. The estimate is $1600 - yikes. Plus, fuel oil is now $4.20/gal. It cost me $1233 to heat my house over the last year(404.9 gal @ an avrg. of $3.0449/gal). So, a simple projection will have me paying $1,700 next winter.
My oil burning furnace(forced air) is only 4.5 yrs. old (Thermopride OL5-85RB). There is a conversion burner to Natural Gas (Wayne P250 costs less than $1000). I already use nat.gas for cooking and hot water, so I'm already paying deliver charges.
My house is 1450 sq.ft, 153 yrs. old, has good replacement windows/doors, and I live North of Boston. What to do?
Also, nat. gas is $1.27 per therm, is thier a calculation to compare it to the cost for oil? I got a little confused on the warmair.net site.