Should i stick with oil or change to gas?

fitzykev

lohr500 said:

What is the current cost of oil per litre and gas per kWh in your area of NI?

Does the grant cover the full costs of installing either choice?

Credit/Direct Debit: 11.13p per kWh (first 2,000 kWh), then 8.35p per kWh thereafter.

And a 900 litre fill of oil is £499 poinds thats roughly 9115kwh which is around 5.4p per kwh if i did my maths right 

Eldi_Dos

fitzykev said:

Netexporter said:

fitzykev said:

Netexporter said:

fitzykev said:

Qyburn said:

What do you have at the moment?

I have oil

But you have mains gas, or are you proposing changing to LPG?

I'd get a heat pump, if it was my choice.

I dont have gas i am trying to decide which is cheaper. As i have a grant accepted for a new gas or oil boiler. Heat pumps are not an option

If you haven't got gas then a gas boiler isn't an option.

Why isn't a heat pump an option?

I currently have oil. Mains gas is in the area and i hsve a choice to switch to gas get a combi boiler and new radiators fitted or stick with oil and get a modren condensing oil burner fitted.

If the grant gives you a Gas boiler plus new radiators, and new pipework? as opposed to just a new oil burning boiler I think that would swing it for me. Depending on the age of the existing pipework and radiators of course.

QrizB

fitzykev said:

lohr500 said:

What is the current cost of oil per litre and gas per kWh in your area of NI?

Does the grant cover the full costs of installing either choice?

Credit/Direct Debit: 11.13p per kWh (first 2,000 kWh), then 8.35p per kWh thereafter.
And a 900 litre fill of oil is £499 poinds thats roughly 9115kwh which is around 5.4p per kwh if i did my maths right 

On price grounds, then, oil will be quite a lot cheaper than gas.

fitzykev

Eldi_Dos said:

fitzykev said:

Netexporter said:

fitzykev said:

Netexporter said:

fitzykev said:

Qyburn said:

What do you have at the moment?

I have oil

But you have mains gas, or are you proposing changing to LPG?

I'd get a heat pump, if it was my choice.

I dont have gas i am trying to decide which is cheaper. As i have a grant accepted for a new gas or oil boiler. Heat pumps are not an option

If you haven't got gas then a gas boiler isn't an option.

Why isn't a heat pump an option?

I currently have oil. Mains gas is in the area and i hsve a choice to switch to gas get a combi boiler and new radiators fitted or stick with oil and get a modren condensing oil burner fitted.

If the grant gives you a Gas boiler plus new radiators, and new pipework? as opposed to just a new oil burning boiler I think that would swing it for me. Depending on the age of the existing pipework and radiators of course.

The grant is for oil or gas. Oil seems to be so much cheaper tho

skycatcher

If you change to gas it will be much more expensive to run than oil. Listening to people in our development that have changed too has all say it costs a fortune! Least with oil there's a competitive market.

Eldi_Dos

QrizB said:

fitzykev said:

lohr500 said:

What is the current cost of oil per litre and gas per kWh in your area of NI?

Does the grant cover the full costs of installing either choice?

Credit/Direct Debit: 11.13p per kWh (first 2,000 kWh), then 8.35p per kWh thereafter.
And a 900 litre fill of oil is £499 poinds thats roughly 9115kwh which is around 5.4p per kwh if i did my maths right 

On price grounds, then, oil will be quite a lot cheaper than gas.

Are there any standing charges involved is another consideration.

BikingBud

Setting up and maintaining an oil tank and associated pumps and pipework will be a cost to amortise over the period and could be compared with a SC.

fitzykev

BikingBud said:

Setting up and maintaining an oil tank and associated pumps and pipework will be a cost to amortise over the period and could be compared with a SC.

We alrwady have oil. Its an upgrade. No under floor pipe work needed

HillStreetBlues

I've had oil for the last 15+ years and wouldn't swap to gas if I had a choice as never had an issue. One factor I would be considering is if they decide to up the gas SC.

lohr500

Based on the unit costs you have quoted, I would stick with oil.
With a new condensing oil boiler you should get at least 90% efficiency. With a new gas boiler probably a little better. This assuming both are set up correctly and have the return water temperature at 40C or less.

How old is your existing oil tank as that is something to factor in. They don't last forever so it will need replacing at some point.

The other thing that puzzles me is why they are suggesting you would need to replace the radiators and pipework if you went down the gas option, but presumably retain the existing radiators and pipework if you stick with oil. Have they given a reason for this?

What is your current annual oil consumption and the make/model of your old oil boiler? With this information we can roughly calculate the savings you would get from a more modern boiler and the difference in annual costs between gas and oil. Then factor in the cost of a possible oil tank replacement within say the next 5 years to work out if oil or gas would be the best choice when looking at the longer term view.