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There are a lot factors that affect the price, some brands are premium and others are low cost, but you have to think of just beyond the equipment to the labor for installation and ancillary costs related to a new high efficiency furnace.
That's a pretty rough estimate because of course I pay by the fill up and not by the month. I have about 1,700 sq ft of conditioned space and it's fairly energy efficient. Plus with oil heat you have the occasional expense of replacing the oil tank.
When we had oil heat (12 years ago) it was on average $600 per month in the cold months. Plus as others have alluded to insurance was a pain. We switched to a natural gas furnace, our gas bill was $100-150 per month. The cost to do the swap was around $8k but we also installed central air.
Oct 13, 2021 · The average retail price of furnace oil in Canada hit $1.33 per litre in early October, compared to 86 cents a litre and $1.14 a litre during the same period in 2020 and 2019, respectively,...
Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price. Prices by city. Prices by year. All fuels in a combined price chart.
Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.51 per liter or USD 1.10 per liter. The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01.
Oct 28, 2023 · Discover the ultimate guide to Canada's Oil to Heat Pump Affordability Program. Dive deep into eligibility criteria, rebates, technical assistance, and more. Plus, get insights on approved contractors by NB Power's Save Energy Program. Make an informed switch today!
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