How Can I Lower My Home Heating Oil Prices?

With home heating oil prices rising, many homeowners are concerned about their heating bills. But thankfully, there are things you can do to help lower your bills!

Two of the best solutions include:

Schedule Furnace Maintenance

One of the most important things you can do for your oil furnace is have it serviced before the start of every heating season. Although this can't lower home heating oil prices, it can improve the efficiency of your system and help lower your utility bills.

It will also provide peace of mind knowing your oil furnace is operating at peak efficiency.

Install a Dual-Fuel Heat Pump

If you're looking for the biggest savings on home heating oil prices, you should consider installing a dual-fuel heat pump unit to your oil furnace system. Ideally, you want to install a heat pump that's 13 SEER or better because the higher the SEER, the more energy-efficient it will be.

Heat pumps are some of the most efficient HVAC systems available because they'll do your cooling in the summer and provide low-cost heating in the winter. Most dual-fuel heat pump systems operate with a set outdoor temperature that will run either your electric heat pump unit or the oil furnace.

Our suggestion is to have the set point around 35–36 degrees for the outdoor temperature — that allows your new heat pump to provide all your heating needs until the temperature drops below 35 degrees, then your oil furnace will take over and heat your home.

Although the initial investment may seem pricey, with home heating oil prices as high as they are, your dual-fuel heat pump will pay for itself in a short amount of time.

Contact Arctic Air Conditioning today to learn more about heat pump installation for your New Jersey home.