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Old 06-06-2008, 10:11 AM
Brian Carlton Brian Carlton is offline
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Join Date: May 2002
Location: Blue Point, NY
Posts: 25,390
Quote:
Originally Posted by raymr View Post
I worked out a spread sheet and none of the options pay for themselves until 3-5 years down the road. I figured in oil prices climbing from $4 to $5, and gas increasing by 20% each year. The most expensive after 3 years is still the condensing gas boiler. In my case I have to consider the $700 loss of the oil in the tank (you can barely give the stuff away around here) and $1500 to have the tank cut up, cleaned, and removed. I liked the idea of keeping both oil and gas systems, but I don't have the room.

The cheapest solution is switching to a retention flame burner on the existing boiler. I might even be able to do this myself. Next cheapest overall is the regular 83% efficiency gas boiler. As a rule, you pay a steep price up front for the best efficiency. Of course my calculations could all mean squat if fuel prices go on another wild roller coaster ride.
I haven't priced them out yet.

But, I did get a 90% efficiency gas hot air furnace from an e-bay seller for $700. This was a 60K BTU unit for a small rental house. It was a brand new Goodman and worked perfectly.

The cost of the unit is usually a fraction of the "total price" that you get from a contractor. So, I'll probably do it myself...........as usual.

If I can get the boiler for $2K, it will pay for itself in just over one heating season at current gas prices.
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