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Yes. In many cases, switching from an old furnace to a high-efficiency boiler can help you save money over time. You can also save money by switching from an electric boiler to a gas boiler, which costs much less compared to the energy bills an electric boil can create. Boilers are often (but not always) more efficient than furnaces, too. Then there are discounts, rebates, and incentives that can help you save on the initial costs.

The best time to buy home heating oil is in the summer when the demand is lowest, as the prices are usually lower. However, waiting until the summer to buy is often unavoidable unless you install a separate storage tank. If you have the space for a second tank, you can expect to pay between $1,000 and $4,000 for the oil tank replacement or installation, depending on the capacity and location. You could quickly recuperate these costs, though, by stocking up on heating oil in the summer and avoiding deliveries in the winter when prices are highest.

The average cost to replace or install a new HVAC system is around $7,500. However, the price can range from $5,000 to $12,500, depending on factors like the size of your home, the type and brand of the unit, and your specific heating and cooling needs. If you only need to replace certain components, the cost will be lower; for example, a new AC unit can cost between $2,200 and $5,500, while a new furnace costs $3,200 to $6,000. If additional work like new ductwork is required, the total cost could be as high as $22,000. It's best to contact a local HVAC company for an accurate quote.

It can take anywhere from four hours to three days to replace a boiler with a new one. How long your particular boiler installation takes will depend on whether you need a gas line installed and if you’re switching to a new boiler system. 

Replacing a combination boiler or standard boiler with the same system should only take four to six hours. Meanwhile, switching from a conventional boiler system to a combination boiler system could take a few days.