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I leave in north NJ and thinking about converting from Oil to Gas. I have baseboard heat and my oil boiler is 10 years old Peerless which runs really well. Also need to run about 30-35 feet of gas line in the house. I have below questions :
1) Cost of gas line and boiler conversion (the oil to gas burner) and new water heater is about $7,000
2) Cost of new boiler and water heater is about $10,000 to $11,000 and Gas line.
With this high cost in both options, I am thinking about just changing the hot water tank (40 galleon , hot water comes from the oil boiler) that I have currently to a new Gas Water Heater (50 Galleons) and install the gas line with the option to change to Oil Boiler in future. This way I can keep my working Oil boiler for few more years and same some money.
Do you know this a good option and will I see any saving in my oil cost by just changing my water heater? Also what is an average cost of gas line installion? I am going to bring the gas line to kitchen and dryer about 30 to 35 feet. Thank you.