Oil furnaces have been used to heat homes longer than gas or electric furnaces. They are especially common in parts of the country that have a high availability of oil. Due to rising oil prices, oil furnaces are not as widely used as they once were. However, the storage tanks required for oil furnaces can give owners the option of buying large amounts fuel when prices are good or to eliminate a monthly heating bill.
Oil furnaces offer the advantage of providing more heat per BTU than other heating sources. An oil furnace owner must have the system regularly serviced. Oil furnace maintenance is more extensive due to dirt and soot buildup. Chimneys need to be cleaned and the oil filters changed regularly.
Oil furnaces are lower in cost than gas furnaces, but they offer less efficiency and higher fuel costs than gas systems. Whether you install gas furnace or an oil furnace, choosing equipment that carries the Energy Star label will help you save energy in the long run.
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