What To Consider Before Changing Your Fuel Source

 In Fuel, Geothermal Energy

As a homeowner, there may come a time when you are interested in changing fuel sources. Perhaps your needs have changed, you’re moving, or you’re motivated by environmental concerns. Whatever your reason may be, there are several things to consider before changing your fuel source. Here are some of the key considerations:

Upfront Cost

Changing your fuel source may save you money in the long term, but it’s important to account for the initial setup costs. There are two main cost factors that you will need to consider before switching:

  1. The cost of the new HVAC equipment and the fees associated with installing it
  2. The cost to bring the new fuel source to the house whether is be the gas company bringing gas service from the main line, installing a propane tank or digging a geothermal bed.

Operating Cost

In order to properly assess your home’s energy costs, it is important to consider much more than just the price per litre. We recommended that you consider the cost per unit — whether it’s kw of electricity, cubic metre of natural gas, litre of propane, or litre of furnace oil. Then consider the amount of energy that is produced via each unit, as they are not all equal, as well as the efficiency of the appliance. This will give you an accurate idea of your average operating cost. At Bryan’s Fuel, a Home Comfort Specialist can provide you with a fuel cost comparison chart at the time of a no obligation quote that compares the running costs of HVAC equipment using different fuel sources.

Viability

Be sure to investigate which fuel sources are available in your area. For example, propane tends to be more common in rural areas where natural gas mains are not installed. If you’re going to consider changing your fuel source to geothermal, do you have the land requirements to install the outdoor bed? Do you have existing infrastructure, like appropriately sized ductwork in your home? Knowing what is required for both the fuel source as well corresponding equipment can help make your decision easier.

Environmental Impact

If greenhouse gas emissions concern you, take the time to investigate heating options like geothermal and air source heat pumps. These options use electricity, which in Southern Ontario is produced with no greenhouse gas emissions. .

Propane and natural gas furnaces are a better environmental choice than oil as they produce less greenhouse gas emissions. Keep in mind that you may qualify for government rebates for switching to a low-emission fuel source.

Insurance

It is possible that your fuel source may have an impact on your insurance premiums. Discuss this with your insurance company before making any decisions.

A Bryan’s Fuel Home Comfort Specialist is available to assist with all your fuel questions and provide you with all relevant information so you can make the best decision for your home. Contact us here to start the conversation.

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