Oil to Electric Conversions In Lutherville-Timonium, Ellicott City, Baltimore, MD and Surrounding Areas
Oil to Electric Conversions in Baltimore – Frequently Asked Questions
Oil to electric conversions in Lutherville-Timonium, Baltimore, Ellicott City, MD, and the surrounding areas is an important topic that needs to be discussed at length. That’s why we have found that our customers always have a lot of questions they want to ask us. We thought we would get ahead of the game and provide some answers for you right here!
Why Should I Choose Oil to Electric Conversions?
A heat pump will save money on your heating bills. According to studies, the switch from an oil furnace to a heat pump can save between 45 and 70 percent of the total amount of money you spend on energy every month.
Will I Get My Investment Back?
Yes. A heat pump can pay for itself quite quickly on average if you go for oil to electric conversions. The key is the energy savings we mentioned above. If you add them up over the course of your heat pump’s life, you will notice a ROI or return on investment of 30 to 40 percent.
Is a Heat Pump Better for the Environment than an Oil Furnace?
Just the fact that it runs on oil should give you a clue on this one. The danger here is oil spills. They can contaminate both the water and the soil in the area where you live if that happens. Plus, they are extremely difficult to clean or get rid of.
Not to mention what you will have to pay. An oil cleanup in Residential homes is your responsibility and will cost you as much as $6,000 to $20,000 depending on how much damage has been done. And no, your insurance will not cover it.
Heat pumps also have a much lower carbon footprint. But then again, since your former heating system worked on oil, pretty much everything else has a lower carbon footprint than that. Oil is the single most damaging thing to the environment.
Of course, these are not the only frequently asked questions we get, but they are the most common when it comes to oil to electric conversions in Baltimore. If you have questions of your own, please give us a call, and we’ll tell you all you need to know!