Ready to
ditch the oil tank?
For home and business owners, the decision to move away from an oil furnace to an alternate heat source is easy based on cost alone—oil is the most expensive heating option! In Metro Halifax, approximately 25% of residential homes use oil as their primary or sole heat source. With significant rebates and government-supported programs in place, many people are weighing their options in a market flooded by competing messages, pricing, providers and special offers. So, what should you consider? Read below.
1. Initial vs. Long-Term Cost: Transitioning from oil often involves up front costs. Heat pumps often require a higher investment than transitioning to propane or natural gas due to the cost of the unit and installation (especially if ductwork is required). Long-term costs can vary based on fuel prices, and of course there are rebate options through Efficiency Nova Scotia to offset initial costs.
2. Convenience and Comfort: Propane heating systems are typically easier to install and maintain compared to heat pumps. That said, if you want heating and cooling, a heat pump offers both.
3. Temperature Performance: Here in Nova Scotia, where we can count on a range of mild to extreme cold winters, propane or natural gas systems can provide more consistent and reliable heating performance. Colder than -15C? You’ll hear your heat pump working hard to keep your home warm, compared to gas options like propane that have a naturally warmer feel.
4. Reliability and Storage: Propane or natural gas can be stored on-site, offering flexibility in storing fuel. Heat pumps rely on electricity, which can be worrisome given the increasing presence of extreme weather in Nova Scotia. If you do opt for a heat pump, consider having our team install a generator for your Peace of Mind!
5. Environmental Considerations: Heat pumps, especially those powered by renewable electricity sources, can offer a lower carbon footprint (though propane can also be derived from renewable sources such as biopropane, which can mitigate some of its impact).
Whatever you choose, ensure you’re tapping into the knowledge of a local, trusted expert. The team at Peace of Mind would be happy to share their advice based on your home or business setup, circumstances and priorities.
