If you are a single-family homeowner on Long Island looking to switch from oil to gas, you might be wondering about the advantages and costs involved. Converting to natural gas has several benefits, including financial savings and environmental benefits.
One of the primary advantages of converting to natural gas is the potential for lower energy costs. On average, natural gas is less expensive than oil, with a cost of $11.29 per thousand cubic feet in 2021 compared to $3.07 per gallon for heating oil. For Long Island homeowners with single-family homes ranging from 1,200 to 3,800 square feet, the savings can amount to hundreds or thousands of dollars annually. However, the investment cost of converting to gas varies depending on factors such as home size and the extent of infrastructure required. The typical cost ranges from $12,000 to $18,000+.
In addition to lower costs, natural gas is also more efficient than oil. Natural gas furnaces and boilers can operate at up to 98% efficiency, while oil furnaces typically operate at 80-85% efficiency. This means that homeowners who switch to natural gas can get more heat for their money, and their heating systems will be able to operate more efficiently, reducing wear and tear and extending the equipment’s lifespan.
Another advantage of natural gas is that it is more environmentally friendly than oil. Natural gas produces fewer emissions of sulfur dioxide, nitrogen oxides, and particulate matter than oil, helping to reduce air pollution and improve air quality. Additionally, natural gas is domestically produced, which reduces our dependence on foreign oil.
Converting from oil to gas can also increase the value of your home, especially for Long Island single-family homes ranging from 1,200 to 3,800 square feet. Homes with natural gas heating systems and appliances have a higher resale value than those with oil systems, and natural gas appliances are seen as more modern and efficient.
Finally, natural gas offers greater convenience than oil. Natural gas is piped directly into homes, so homeowners do not need to worry about scheduling oil deliveries or maintaining oil tanks. Natural gas appliances are also easier to maintain and require less service than oil appliances.
In conclusion, if you are a single-family homeowner on Long Island with a home ranging from 1,200 to 3,800 square feet, converting from oil to gas can offer many benefits. Although the initial investment cost ranges from $12,000 to $18,000+, the long-term savings and environmental benefits make the switch worthwhile. From lower energy costs and increased efficiency to environmental benefits and increased home value, switching to natural gas is a smart choice that can save you money, improve your quality of life, and help protect the environment.