Over the last decade a lot of homeowners switched from heating oil to other fuels, predominantly natural gas.  Most have been lured to natural gas through the notion of cheaper prices. While some of these praises and tales about natural gas advantages were actually true 25 years ago, things have changed a lot and today heating oil is back, better than ever, with more benefits than ever before.

1. Heating Oil is Cheaper in the Long run

Heating oil is very close in price to natural gas, and may even be cheaper in the near future. Most people assume wrongly that they will spend less on fuel once they switch to natural gas. In fact, high-efficiency oil furnaces will give you a greater amount of heat for the same amount of money invested in fuel, when compared to gas furnaces. Additionally, with heating oil you can get great deals with even lower prices than the market ones. Cash on delivery and price comparison is one of them: anytime you need oil you can choose among many suppliers, and some of them can sell you at a lower price. Additionally, you can fill your tank during spring or summer when oil is much cheaper, and that way you make additional save at least once yearly. Not to mention that oil heat systems are much cheaper than gas ones, and usually last much longer. You will still be able to use digital and smart thermostats to optimize your daily consumption.

2. Heating Oil is Clean

People often associate fuel oil with filth, high pollution, and emissions. In fact, modern heating oil has very little sulfur in it. It is also physically cleaner, and contains way less particles than heating oil used in the 1980s. Finally, today’s burners are highly efficient and burn less oil for the same effect, thus releasing less exhaust fumes in the atmosphere. High efficiency furnaces have a sealed combustion chamber, and along with properly maintained oil tank and pipelines you will likely never have problems with fumes.

3. Heating Oil is partly renewable

heating oil facts

Modern technology can extract oily ingredients from various organic matters and refine it into diesel fuel. Used cooking oil from restaurants, rapeseed, corn, palm…

These fuels are called Biofuel or Biodiesel and putting them in heating oil from crude gives a blend which can be beneficial for the environment and extend the life of your burner. Most furnaces use blends which contain between 5% and 20% of biofuel, the rest being fossil fuel. Scientists are trying to develop home heating systems which entirely utilize biofuel, with no need for oil from crude. Even today, some commercial facilities use waste oil burners.

You are also qualified for $0.20/g rebate directly from New York State until January 1, 2017. To receive a tax credit, you need to file a claim for Clean Heating Fuel Credit along with your tax return. Residential taxpayers should file Form IT-241, and corporate taxpayers should file Form CT-241.

4. Heating oil is safe

Actually, it’s the safest fuel overall. According to a National Fire Protection Association report, accidents involving heating oil caused the least deaths among all fuels. Heating oil doesn’t explode nor can it cause fire unless turned info fine drops in the air. Your oil tank is either underground or in the yard. Even if you open gun fire on a tank full of oil it will just cause oil spill. There’s no chance it would catch fire or explode even then. However, you are not going to try that.

To have the whole of your oil heating system safe, you need to keep track of your burner and pipes condition. It is also needed to prevent oil sludge inside the tank with special additives, to prevent corrosion and spills that may be hard to notice.

5. Oil heat systems are more durable

We already mentioned that oil burners can last much longer than gas ones. It is not uncommon for an oil burner to last 20 or more years, longer than some mortgages, which can allow the homeowner to better manage heating system finances. To achieve a burner longevity, you need to maintain it with a great care. That includes annual checks, which are must, frequent cleaning of the burner and air filter replacements throughout every season. Use of quality oil and bioheat blends is also highly recommended.

6. Heating oil supplies are almost certain

Most of the oil used for heating are made of domestic crude. You don’t have to worry about armed conflicts around the globe or severe storms on the open seas which prevent oil tankers to sail to America. The oil refining is also carried out locally and heating oil reserves in refiner and supplier storage facilities are enough to endure many severe events, such as long periods of very cold weather. Even if a supplier runs out of oil, you will be able to find others in your area.

7. Oil heat is the best for heating tap water

Oil powered water heaters heat up tap water twice as fast as gas water heater and three times faster than an electric water heater. Once you come back from a long trip to find out you don’t have any hot water in your home, you will need to recover it quickly, and it can only be done with oil heat.

8. Oil delivery is more certain

When you use natural gas for heating you depend on a single supplier and a single pipeline. Whenever it becomes disrupted your home loses heating, as you are left without any gas. Also, leaks can occur in your home, putting you in danger of fire, explosion of suffocation. None of this can happen with heating oil. You have your own storage tank, and you are in charge of maintaining it and preventing spills. In most cases, you will have enough suppliers in your area and at least some of them will have oil on stock. A total shortage of locally distributed heating oil can only be caused by a long run of a very cold weather which increases consumption, and/or snowstorms which can disrupt distribution. Although such events are very rare, you can assure yourself from shortage by maintaining relatively high levels of oil in your tank during the coldest months.