Conversion Oil fired boiler to Electric boiler

Posted by bripen@sympatico.ca on May 16, 2007, 10:23 am

Living in Quebec which supposedly has the cheapest hydro rates in
North America I'm considering changing from an old oil fired boiler to
an electric boiler.
I have a relatively small house and the much smaller boiler unit, no
more oil tank, cleanliness and apparently faster heating time really
appeals me.
Anyone have thoughts on this?
Thanks in advance

Posted by Edwin Pawlowski on May 16, 2007, 10:42 am

> Living in Quebec which supposedly has the cheapest hydro rates in
> North America I'm considering changing from an old oil fired boiler to
> an electric boiler.
> I have a relatively small house and the much smaller boiler unit, no
> more oil tank, cleanliness and apparently faster heating time really
> appeals me.
> Anyone have thoughts on this?
> Thanks in advance

Run the cost comparisons. If oil is 2.40 a gallon, electric would have to
be down to about .075 per kWh to give the same Btu at the same cost.
Remember, oil is about 75% to 80% efficient. This web site uses 78%
http://hearth.com/econtent/index.php/articles/fuel_cost_comparison_calculator/

Posted by Meat Plow on May 16, 2007, 10:52 am

On Wed, 16 May 2007 07:23:11 -0700, bripen@sympatico.ca wrote:

Pretty much a no brainer isn't it?

Posted by Edwin Pawlowski on May 16, 2007, 11:02 am

> On Wed, 16 May 2007 07:23:11 -0700, bripen@sympatico.ca wrote:

>> Living in Quebec which supposedly has the cheapest hydro rates in
>> North America I'm considering changing from an old oil fired boiler to
>> an electric boiler.
>> I have a relatively small house and the much smaller boiler unit, no
>> more oil tank, cleanliness and apparently faster heating time really
>> appeals me.
>> Anyone have thoughts on this?
>> Thanks in advance

> Pretty much a no brainer isn't it?

Not from the numbers I've seen. At 2.40 a gallon for oil, electric has to
be 7.5¢ to break even. Removing and replacing the heating system and
electric service upgrade will cost $3000 to $5000? At 5¢ a kWh, the
payback will probably be 10 years. OK, I agree, it is a no brainer. Leave
it alone.

Another possibility is to add some electric baseboard heaters and leave the
oil system in place. If the difference between the fuels changes, so does
the use.

Posted by Meat Plow on May 16, 2007, 11:06 am

On Wed, 16 May 2007 15:02:38 +0000, Edwin Pawlowski wrote:

>> On Wed, 16 May 2007 07:23:11 -0700, bripen@sympatico.ca wrote:

>>> Living in Quebec which supposedly has the cheapest hydro rates in
>>> North America I'm considering changing from an old oil fired boiler to
>>> an electric boiler.
>>> I have a relatively small house and the much smaller boiler unit, no
>>> more oil tank, cleanliness and apparently faster heating time really
>>> appeals me.
>>> Anyone have thoughts on this?
>>> Thanks in advance

>> Pretty much a no brainer isn't it?

>
> Not from the numbers I've seen. At 2.40 a gallon for oil, electric has to
> be 7.5¢ to break even. Removing and replacing the heating system and
> electric service upgrade will cost $3000 to $5000? At 5¢ a kWh, the
> payback will probably be 10 years. OK, I agree, it is a no brainer. Leave
> it alone.

Exactly.

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