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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
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