How does oil heat measure up to gas and electric?
A. For every dollar spent for heat and hot water, .83 to .94 cents is consumed within the home. The rest is lost. When compared to electrical heating systems (27% to 31%) oil fired equipment is the way to go. Oil heat has the least environmental impact of any type of space heating and hot water fuel. While all properly installed heating systems are basically safe, when a malfunction does occur, oil heat has some advantages. Heating oil will not burn and is non-explosive. Unlike natural gas and propane which is highly explosive and can burst into flames, oil heat is a liquid that is not an explosive hazard under 140F.
