Energy Efficiency & Cost Savings:
Oil furnaces typically produce heat at about 60% efficiency, meaning that for every dollar you spend on heating oil, you’ll only get about 60 cents worth of heat. Propane gas furnaces, on the other hand, are much more efficient, with ratings typically 90% or above.
Insurance and Liability:
Do you have an older home with an oil tank? Many insurance companies place strict rules on how old oil tanks and furnaces must be in order to be covered by your household insurance policy. This means that you may have to replace your oil furnace equipment before it shows signs of wear and tear.
Oil leaks are also very difficult to clean up, and can cost thousands of dollars. Propane heating equipment is much more affordable, and has no long-term effects on the environment during a spill. The Insurance Bureau of Canada (IBC) paid out $78.5 million for oil tank spills between 2008-2011. The main cause of the oil tank fractures were; corrosion, piping and overfill. IBC recommends, "For safety’s sake, it is necessary to take some precautions to avoid an oil spill. Otherwise, serious environmental and financial consequences could result."
One litre of leaked oil can contaminate 1 million litres of drinking water.
A pinhole in your tank can empty 1,000 litres of oil.
Cleanup of an oil spill can involve everything from replacing the tank and supply lines and removing contaminated soil, to replacing your home’s foundation.
Theft of oil and copper lines is on the rise. Speak with your oil/tank supplier about preventative measures to take to ensure your oil tank is not a target for thieves.
Environmental Impact:
Finally, propane is much better for the environment. It is totally clean-burning and produces far fewer emissions than oil.
Burning fuels, from coal to wood, heating oil, gasoline and natural gas, produces various kinds of carbon that contribute to global warming as GHG’s. Propane has a lower carbon content than fuel oil, gasoline, diesel, kerosene and ethanol. Propane gas contains significantly less greenhouse gas emissions per productivity unit compared to other fuels. Propane, has a tiny carbon footprint and is high efficient. It can play a major role in fighting climate change by offering homeowners a safe, reliable, and affordable alternative to burning oil
All these reasons show why you should consider switching from an oil furnance to propane.
To learn more about the benefits of propane heating, contact Budget Propane Ontario today. Visit us online or call 1 888 405.7777 to schedule propane delivery for your home or business.
Did you know Budget Propane Ontario delivers to communities all around central Ontario, from Huntsville to Alliston, including Haliburton, Muskoka, Midland, Bala, Bracebridge, Gravenhurst, Orillia, Barrie. Budget Propane supplies propane for residential, commerical, and contractor needs.