In fairness to all, we don't discuss pricing on the Wall. Thanks for your cooperation.
oil boiler vs electric boiler
Ah yes the debate again.
I have a Burnham V-14 that is currently off. Ive used it once this winter ( really windy night ) this year I heat with wood pellets. I'm contemplating replacing it with a electric boiler.
Is this crazy? Convince me :)
My electric is 13.2c a kW/hr its gone down the past couple years. So assuming a new boiler efficiency of 85% oil would be cheaper until about $4.50 a gallon for me. I suspect the actual break even point to be a little lower in reality. Oil is about $3.75 around me right now.
Part of my reasoning is I despise the oil tanks, I would need a new liner and a new tank. I can install a electric boiler myself Ive been looking at the slant/fin boilers they run around $1800 for the size I need plus Ill say another $500 for other "stuff". I do have the electrical service to accommodate this.
Of course at my current usage the 3/4 of tank of oil I have will probably last me longer then the boiler.