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If you're switching from a forced hot air system, expect to pay between $4,500 and $7,000. Converting a forced hot water system is between $7,500 and $11,000. You may also have to pay to run a gas line to your house and to get rid of your old oil tank.
Despite the costs, many people are making the move to gas. Natural gas or propane is less expensive than oil. You can expect to save a range of 15 - 30% on fuel. Homeowners want to save money and they need their system to be reliable. Some are looking at other alternatives for heating their homes, like hybrid systems or geothermal, where heating and cooling come from energy in the ground. You can pay from $15,000 to $40,000 for a geothermal system because of the drilling and constructions costs. But you can save as much as 70% on your heating, hot water, and cooling bills.
You can also supplement your current heating system by installing a heat pump that heats individual zones in your home using electricity and also serves as a ductless air conditioner in the summer. This system can save you money year-round and is 40% more efficient than window air conditioners.
There are many options. Not one is right for everyone.
We will be pleased to visit your home and evaluate your needs, giving you a comparison of costs for converting or augmenting your heating system. We'll advise you of any tax credits and rebates available as well.
Call us at 978-433-5373/800-498-5373.
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