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Oil vs gas water heating Recruiter 07-12-2006
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Posted by Recruiter on July 12, 2006, 2:18 pm
I live in the northeast. We are landlords of a multi unit apartment.
Currently, oil is going to be going up to $3.00 to $3.20 per gal. The
local gas co is charging $1.55 per Therm. Most of the house uses gas
for heat and hot water, each paying their own usage. The 1st floor
uses oil for heat and hot water, which we pay for. It is occupied by a
family of 5, which uses between 1000-1200 gal of oil per year. I turn
the heat off after the heating season, leaving the furnace running for
the hot water. The furnace is an old American Severn converted coal to
oil burning unit, which my oil co tells me is in very good condition
for its age. The burner is a Blue Angel Model HS. I don't know the
efficiency of it. It is a forced hot water/radiator system.
The hot water, currently runs off a small tankless unit, which does
tend to run out of hot water on them frequently. It is showing signs
of possible leaking, so I need to do something.
My 2 options to bypass the tankless are: 1. Continue using the furnace,
and installing a 30gal stainless steel indirect water heater, or 2.
Install a 40 gal gas water heater, which would allow me to shut down
the furnace completely, during the non-use period. According to my
info, both heaters would suffice for the amount of usage needed. Which
would be most cost effective, short and long term? Thank you.


Posted by on July 12, 2006, 2:52 pm

Recruiter wrote:
> I live in the northeast. We are landlords of a multi unit apartment.
> Currently, oil is going to be going up to $3.00 to $3.20 per gal. The
> local gas co is charging $1.55 per Therm. Most of the house uses gas
> for heat and hot water, each paying their own usage. The 1st floor
> uses oil for heat and hot water, which we pay for. It is occupied by a
> family of 5, which uses between 1000-1200 gal of oil per year. I turn
> the heat off after the heating season, leaving the furnace running for
> the hot water. The furnace is an old American Severn converted coal to
> oil burning unit, which my oil co tells me is in very good condition
> for its age. The burner is a Blue Angel Model HS. I don't know the
> efficiency of it. It is a forced hot water/radiator system.
> The hot water, currently runs off a small tankless unit, which does
> tend to run out of hot water on them frequently. It is showing signs
> of possible leaking, so I need to do something.
> My 2 options to bypass the tankless are: 1. Continue using the furnace,
> and installing a 30gal stainless steel indirect water heater, or 2.
> Install a 40 gal gas water heater, which would allow me to shut down
> the furnace completely, during the non-use period. According to my
> info, both heaters would suffice for the amount of usage needed. Which
> would be most cost effective, short and long term? Thank you.

Here's what I would do.....Go to www.heatinghelp.com and post your
exact question on the "Wall" on that site. That group has bailed me
out of a few situations.

Paul


Posted by Al Moran on July 12, 2006, 11:04 pm
wrote:

> Which
>would be most cost effective, short and long term? Thank you.


Just go down to your local police station and wave your dick in front
of them. I suspect you won't have to pay for heating or cooling for a
very long time. Problem solved, that'll be 99.99.

Posted by Stormin Mormon on July 13, 2006, 9:59 am
My sense is to go with the 40 gal gas heater. Since it's more common
equipment, it will cost less than the indirect. And it will be more
easily serviced, since more plumbers have worked on ordinary NG
heaters.

As to the cost of fuel, I don't know. However, a coal unit converted
to oil is not likely to be energy efficient. Even if it's in good
shape.

--

Christopher A. Young
You can't shout down a troll.
You have to starve them.
.

I live in the northeast. We are landlords of a multi unit apartment.
Currently, oil is going to be going up to $3.00 to $3.20 per gal. The
local gas co is charging $1.55 per Therm. Most of the house uses gas
for heat and hot water, each paying their own usage. The 1st floor
uses oil for heat and hot water, which we pay for. It is occupied by
a
family of 5, which uses between 1000-1200 gal of oil per year. I turn
the heat off after the heating season, leaving the furnace running for
the hot water. The furnace is an old American Severn converted coal to
oil burning unit, which my oil co tells me is in very good condition
for its age. The burner is a Blue Angel Model HS. I don't know the
efficiency of it. It is a forced hot water/radiator system.
The hot water, currently runs off a small tankless unit, which does
tend to run out of hot water on them frequently. It is showing signs
of possible leaking, so I need to do something.
My 2 options to bypass the tankless are: 1. Continue using the
furnace,
and installing a 30gal stainless steel indirect water heater, or 2.
Install a 40 gal gas water heater, which would allow me to shut down
the furnace completely, during the non-use period. According to my
info, both heaters would suffice for the amount of usage needed.
Which
would be most cost effective, short and long term? Thank you.



Posted by hallerb@aol.com on July 13, 2006, 10:06 am
i would replace the oil furnace, for better efficency, and then decide
about a seperate or combined hot water tank.

my off the cuff opinion is you can probably save about 40% of you gas
bill by upgrading.

incidently the oil company LOVES your furnace piggy, they are a
business why recommend doing something to cut their sales:(


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