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While you’ll pay more upfront for a brand-new HVAC unit, you can save money in the long run. Here’s how to save on your new HVAC system:

• When purchasing a high-efficiency system, your energy bills will be lower in the future.

• You may be eligible for special offers from your local energy company.

• Depending on the system, you may be eligible for HVAC rebates and tax credits.

• Choose to replace your air conditioning unit and furnace simultaneously to save on labor and installation costs. 

You can save money on heating oil through a combination of improving home efficiency and smart purchasing strategies.

Home Efficiency and Usage:

• Improve Insulation: Ensure your home, especially the basement and attic, is well-insulated and sealed against drafts to prevent heat leakage.

• Manage Your Thermostat: Use a properly calibrated and programmable thermostat. Lower the temperature by a few degrees, particularly when you are away from home or asleep.

Purchasing Strategies:

• Buy in the Off-Season: Order heating oil during the summer months when prices are generally at their lowest. This strategy is most effective if you have a large primary tank or a separate storage tank to accommodate bulk deliveries.

• Consider a Delivery Contract: Some companies offer contracts with a set price for the term. This can lead to savings if market prices for oil increase, but you might pay more if prices drop.

Heat pumps are significantly more efficient than boilers, typically providing three to four times the amount of heat for the electricity they consume. While boilers run on fossil fuels, heat pumps use only electricity. This efficiency can lead to long-term savings on operating and maintenance costs. However, heat pumps have a higher upfront installation price compared to boilers. Despite their lower efficiency, boilers remain a popular choice for many homeowners, with 8 million in the United States alone, due to their lower initial cost and less intensive installation process. Ultimately, the best choice depends on your home's infrastructure, your budget, and your personal heating priorities.

On average, you’ll need about two gallons of oil per day to heat your house when it’s 50 degrees Fahrenheit outside. Most oil tank capacity is about 275 gallons, and heating your house with two gallons of oil per day will last about four and a half months. This consumption will vary depending on the climate and average temperature in your location. For example, if the winters are longer and colder where you live, you’ll probably need to refill your oil tank at least once to get through the winter.