When it comes to heating your home or business, there are a number of different options. Heating oil is one such option, and it’s become a popular alternative to gas. However, before switching from heating oil to gas, you may be asking whether or not heating oil is cheaper than gas. Although this does depend slightly on where you live, heating oil is generally more affordable – but that’s not the only benefit of switching to heating oil.
Heating oil has been less expensive than natural gas for almost 22 years. For years, heating oil was a by-product of the oil refining process while natural gas was specifically extracted to be gas. As supplies tightened, prices rose. As fracking became popular, natural gas prices have plummeted, but those same techniques can be applied to oil production, which has in turn reduced the cost of oil and the heating oil that is refined out of it.
Additionally, heating oil systems have been evolving substantially over the past few decades due to advances in technology. The average oil heated home consumption has reduced by more than 33 percent over the past three decades. The more efficient a heating system is, the less you end up having to pay on the fuel.
In addition to saving money when switching from gas to heating oil, you’ll also take advantage of some of the following benefits:
Heating oil is not only a cheaper alternative to gas, it’s more efficient and less dangerous as well. If you have questions about switching from natural gas to heating oil, then be sure to contact us at Woolley Home Solutions today.
"While a number of fleets in New Jersey, including the Department of Transportation, have used biodiesel blends for many years, this pump opening marks the first time biodiesel will be sold directly to consumers in the state. We commend Woolley...Joe Jobe CEO (National Biodiesel Board)