While the cost of heating oil tends to rise dramatically during the winter season, you can take steps to save money on this expense. The cost of oil is impacted by the price of crude oil and geopolitical unrest.
Saving Money On Heating Oil
Avoid oversetting the thermostat. By doing so, you can make your home feel warmer and help you save on heating oil expenses. Another way to save money on heating oil is to buy it bulk. By doing this, you can save about 30% to 50% on your monthly bill. Another effective way is to wear warmer clothing. Pre-buying heating oil from one of the trusted companies for oil delivery Eatontown NJ, can be advantageous in the long run because the price of heating oil will be the lowest when it is available in bulk. You can take advantage of low prices in summer and ensure that you have a reliable fuel supply during the winter season. However, it is essential to remember that this purchase will require bulk storage facilities. If you do not have a bulk storage tank, consider installing one to store your heating oil.
Safety Of Heating Oil
Regarding the safety of your homes during the winter season, heating oil is one of the safest options. Home heating oil is non-flammable and will not spontaneously combust. If your oil tank leaks, it won’t harm you or the environment. You should also know that Ultra Low Sulfur (ULS) heating oil is more environmentally friendly than conventional oil. Traditional oil contains as much as 4,000 ppm of sulfur, while ULS oil contains just 15 ppm.
Natural gas and heating oil are some state’s most common heating options, but they both have downsides. Natural gas is more environmentally friendly, but there are also safety concerns. For example, recent gas explosions in the Merrimack Valley have highlighted the dangers of using natural gas. The probability of a fire from heating oil is low, but you should be sure to avoid any flammable materials near your fuel tank. Moreover, you should also check the fuel tank’s integrity regularly. If it seems to be leaking, you should have it repaired.
Environmental Impact Of Heating Oil
High-quality heating oil for homes during the winter helps reduce the pollution associated with the heating industry. Fortunately, many options are available, including low-sulfur oil and renewable biofuels. Home heating oil from these fuels can reduce particulate matter and sulfur emissions by as much as 80 percent. In the mid-20th century, oil furnaces produced a lot of smoke and soot, which contributed to air pollution. However, technological advances have made oil furnaces much cleaner. Today, residential oil furnaces emit only 0.33 percent of the nation’s total particulate emissions. Quality heating oil is environmentally friendly and saves money. Using quality oil reduces the need for maintenance visits and lowers the cost of heating your home. It also burns over 300 degrees hotter than natural gas, which maximizes its output. According to studies from the Department of Ecology, oil is 16% more efficient than natural gas for home heating.
Cost Of Heating Oil
The cost of heating oil for homes is rising significantly. It is estimated that households in the northeast will spend about $1,734 on heating oil this winter. However, it is important to remember that heating oil prices tend to follow crude oil prices, and the Russian invasion of Ukraine has pushed those prices up. Distillate fuel oil inventories started the winter season relatively low, but they ended at their lowest level since March 2014.
To calculate how much heating oil your home will use during the winter season, you can use the average temperature in your area. A home with a temperature of 30 degrees will use about 5.3 gallons of fuel oil. A home with a temperature of 35 degrees will use about 4.5 gallons. Heating oil prices can vary significantly depending on the time of year and region. You can find out the average cost for a gallon by looking at your bill for several months. The average price for a gallon of fuel is about $3.00 per gallon.
