Crown Boiler (sold to public through wholesalers like Ingrams.Century (exclusive to Home Depot) and Comfort-Aire.Heil, Arcoaire, ComfortMaker, Keep Rite and Tempstar.Standard brands – moderate cost, 15 to 18-year durability (Brands from the same parent company with the same or very similar oil furnace lineups are listed together): There aren’t any Budget brands in oil furnaces – Goodman, Payne and Aire-flo, for example, do not make oil furnaces. In our Gas Furnace Buying Guide, we list Budget, Standard and Premium brands. Now that we’ve narrowed the range of homeowners considering an oil furnace, let’s focus on factors that affect how much an oil furnace costs: 1. Four Factors that Affect Oil Furnace Cost Therefore, in the Northeastern US, an oil furnace by itself or an oil furnace/heat pump combination are your best options when a natural gas or propane furnace isn’t a good choice. Heat pumpslose effectiveness in sub-freezing temperatures, so must be backed up by expensive electric heaters in their air handlers or by a fossil fuel furnace (gas/oil) in a dual fuel system.Electric heat is the most expensive type, and electric furnaces are a good option only where winters are mild.Since we’re talking mainly about the Northeastern US (and Eastern Canada), an oil furnace is preferred to either of those options: What about electric furnaces and heat pumps? What these oil furnace pros and cons boil down to for most homeowners is that a gas furnace is a better option unless a consistent supply of natural gas or propane are not available where you live. Heating oil costs more than gas and propane, and the price is more volatile because it depends on global oil costs rather than mostly domestic natural gas and propane production.Oil furnaces must have their oil filters changed often and be cleaned regularly due to the buildup of soot, so a service contract is required.Oil furnaces, like propane furnaces, require a fuel storage tank and delivery of the fuel.The maximum annualized fuel utilization efficiency (AFUE) is less than 90% for most models while the maximum of gas/propane furnaces is about 98%.Oil produces more BTUs per volume burned compared with natural gas and propane.
The reason for this is discovered with a quick look at oil furnace pros and cons:
While oil furnaces were once widely used throughout the United States, they are now most common in the Northeast where, according to the US Department of Energy, access to natural gas and propane supplies are limited but heating oil is readily available.
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