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If you have an old oil or gas furnace that isn’t working as efficiently as you would like, it may be time to replace it with a new one. Oil furnaces and boilers are popular in areas of the USA with limited access to natural gas, such as the Northeast. Replacing your old oil furnace with a new model could save you time, energy and money in the long term, as the new models on sale today are up to 30% more efficient than their counterparts of ten years ago. How do you know when your oil furnace needs replacement, and whether you should replace your oil furnace? Domino’s Furnace Service has a few tips for you to consider.

When to Consider an Oil Furnace Replacement

When should you replace your oil furnace

The main factor to consider for the replacement of an oil furnace is the condition of the metal the boiler is made of. You can also examine the condition of the doors, brickwork, burner and controls. If the boiler is the wrong size it might be wise to replace it regardless of its condition. A visual inspection of the metal inside of the boiler is the most reliable way to assess the condition of a boiler, and should be done whenever practical. Your insurance regulations or local codes may require that you have an annual internal inspection of the boiler. Another way of assessing whether your oil furnace needs replacement is by walking around the building looking for leaks, although many leaks are not so easy to find since piping buried underground often leaks where nobody sees.

After assessing the condition of your current boiler, and you are still not sure, you could also try to balance out these three factors:

  1. Your furnace efficiency. The average lifespan of a well-maintained furnace is 25 years. Do you know your current oil furnace’s efficiency rating? Most new oil furnaces have AFUE ratings between 80% and 90%. How does this compare with your current model?
  2. The cost of fuel and the cost of a new furnace. How much will it cost you in fuel to continue using your old oil furnace versus how much it would cost in fuel once a new oil furnace is installed? Divide that figure into the cost of buying and installing the new system, and you’ll discover how many years it will take to recoup your investment.
  3. The “heating load” of your house, which is the amount of energy required to maintain a steady 65-degree temperature indoors. A smaller house will take longer to see the pay off in investment, while a larger house or a large business property is going to see the initial investment pay off much sooner.

In addition, you can ask Domino’s Furnace Service about the ways you can improve your current oil furnace’s performance, and also how beneficial it may be to have it replaced with a new one. Domino’s Furnace Service are Long Island’s experts in oil furnace services and can provide you with time and money saving advice so that you don’t have to work it all out on your own.

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