Is your current water heater over ten years old? Does it occasionally stop working or seem to deliver less hot water than usual? It might be time to research a replacement, and an oil-fired unit may be the perfect choice. These units come in several different sizes, so consider your water consumption needs before making a choice for your household. As you weigh your options, however, here are four benefits of installing an oil-fired water heating system:
1) Fast-Recovery for Consistently Hot Water
Many conventional heaters take time produce water at the correct temperature, whether for a shower or dishwasher. For busy households with high hot water consumption needs, you may not have time to wait for the unit to refill and heat new water. Oil-fired units have a very high recovery rate of well over a home’s typical daily use rate. The U.S. Department of Energy calculates this at 64 gallons per day, while Consumer Reports typically tests equipment based on use of 76-78 gallons per day. No matter your water consumption needs, oil-fired water heating units can likely handle them.
2) Lower Operation and Maintenance Costs
Oil-based water heaters do have a higher initial purchase and install cost as compared to other types. However, once a unit is up and running, it will cost much less than the other models to operate. Since oil-fired units are durable and long lasting, they will also pay for themselves in savings, as they cost less to run over the course of their life.
3) Increased Energy Savings
According to Energy.gov, the average household spends between $400-600 per year on water heating alone. Costs include:
- Energy used to heat water
- Energy used to store water
- Standby losses while storing water
- Maintaining a high temperature
Ways to help lower your water heating costs include lowering the holding temperature and ensuring your hot water pipes are well insulated. Switching to an oil-fired water heater is another possible way to reduce energy expenses. Newer models have greatly reduced standby energy losses, and all oil-based systems use less fuel for the same results as other types of units.
4) Better Environmental Standards
New emission standards outlined by the U.S. Environmental Protection Agency (EPA) include boiler compliance regulations that went into effect in April 2015. Although these guidelines apply more to large-scale companies than residential homes, this is good news for consumers. It means that newer technologies are increasingly more energy efficient and environmentally friendly. Even now, however, using an oil-fired water heater helps to reduce energy consumption because it uses less fuel per amount of heat produced.
Learn More About Switching to an Oil-Heated Unit
Are you ready to seriously consider switching to an oil-fired water heater? Let Princeton Fuel Oil help you select, install, and maintain your new unit. We are well known in Mercer County as reliable fuel oil suppliers, and we also offer a range of customized service plans. Properly serviced equipment will perform reliably and continue to save you money over time. Contact PFO by visiting us online or calling (800) 253-9001 to learn more.