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An oil furnace replacement costs $2,650 to $7,300 on average, including permits. Total oil-burner replacement costs depend on the furnace location, system complexity, electrical upgrades, and ductwork modifications. Removing and disposing of an oil furnace costs $150 to $400 on average. Most contractors include this service in the labor costs of their quote. Ask HVAC technicians if they offer discounts on oil furnace removals when the old unit contains valuable scrap metals. Out of all the benefits of switching to propane, convenience is one of the most compelling reasons to make the move.
An oil furnace replacement costs $2,500 to $6,000 on average. A new oil furnace installation with an oil tank replacement costs $4,200 to $8,800. Oil furnace prices are $1,200 to $4,000 for standard oil heating systems, without installation.
$2,500 – $6,000 Average replacement cost$3,000 – $10,000 High-efficiency system cost
Oil-fired furnace prices for homes are $1,200 to $10,000 without installation, depending on the energy efficiency, brand, and BTU heating capacity. Compare furnace installation costs of all fuel types, including gas, electric, and propane. Once you consider the short-term and long-term benefits of switching to propane, it makes sense why so many people have made the switch from oil to propane heating. When the temperature dips low, having a Rheem® oil furnace for your home heating solution helps heat things up.
Some brands offer extended warranty options and high-efficiency furnaces. Get free estimates from furnace installers near you or view our cost estimates below. Propane, on the other hand, is a gas that quickly dissipates in the event of a leak. Therefore it requires no cleanup—you will simply need to get your tank repaired or replaced.
Avoid Oil Leaks
One drawback of these units is the energy used to keep the water hot at all times, organizations, including more than 3,500 of the nation’s home builders. A 100,000 BTU furnace with 90% efficiency only produces 90,000 BTUs of heating. Oil furnaces are cheaper upfront but cost 2.5 times more to operate than gas systems. Filters that The Home Depot sells have a rating system called “FPR,” which stands for Filter Protection Rating, and is exclusive to filters sold at The Home Depot.
Oil furnaces installed in unventilated areas need additional ductwork, a PVC flue, and sometimes an external vent through the outside wall. Choosing a furnace with a variable-speed blower increases energy efficiency. Adding or upgrading home insulation costs $900 to $3,000 and helps lower energy bills. Reviewed and approved on June 15, 2021, by Tom Grupa and 3 expert furnace installers on HomeGuide.
Home Depot Oil Furnace Prices
Our advanced models are built for dependable, long-lasting performance and peace-of-mind to keep your family warm for years to come. They’re also designed to exceed standard efficiency levels, helping you save on energy costs. More than 80% of oil furnaces are in the Northeastern U.S. and use 45 to 60 BTUs per square foot. Homes 1,600 to 2,600 square feet need an oil furnace with 72,000 to 150,000 BTUs of heating capacity. The ideal oil furnace size depends on the home's square footage, outdoor temperatures, and insulation. Alternatively, replacing a propane furnace costs $2,200 to $5,700 on average.
High efficiency water heaters use 10 to 50 percent less energy than standard models, saving homeowners money on their utility bills. High-efficiency condensing oil furnaces with 90% to 97% AFUE ratings cost $3,000 to $10,000 from brands like Adams, Kerr, Granby, and Thermo Pride. Condensing furnaces have two heat exchangers and an extra vent or condenser drain. Basic oil furnaces are 80% to 87% efficient with one heat exchanger.
Convert From Oil to Propane on Long Island
Check estimates for all material, labor, and equipment costs as well as the installation schedule. Compare furnace replacement quotes from at least three different companies. Cleaning underground clogged oil lines costs $200 to $1,000 on average. Air duct cleaning costs $300 to $700 on average or $25 to $45 per vent. If you shop at Home Depot for your furnace filters you’re going to be confused.
One benefit of oil to propane furnace conversions is that burning propane releases fewer harmful emissions than burning oil does. As such, propane-burning furnaces are better for the environment than oil-burning furnaces are. Another way switching to propane benefits you is by serving as a versatile fuel solution.
Installing an underground oil tank costs $1,900 to $6,000. Above-ground oil tank installation takes 3 to 5 hours, and underground oil tanks take 8 to 14 hours to install. Smart thermostat installation costs $225 to $400 on average.
An oil furnace is a home heating system that converts oil to heat. Oil furnaces are common in colder climates like the Northeastern United States. Replacing ductwork costs $1,400 to $5,600 on average or $25 to $55 per linear foot. The best oil furnace brands include Adams, American Standard, Carrier, Kerr, Regal, Trane, and Thermo Pride.
Costs depend on the home’s size, climate, interior heating preferences, heating system efficiency, and current oil prices. Oil costs $2.30 to $3.00+ per gallon, and tanks hold 300 to 500 gallons. A new oil furnace costs $2,500 to $6,000 to replace on average. Oil furnace prices are $1,200 to $4,000 for the oil burner, plus $1,000 to $3,000 for installation labor.
Visually compare the old filter to a brand new one, and you’ll know when it needs to be replaced. Homeowners can use propane to fuel many common appliances, including stoves refrigerators, dryers, or even to heat your pool. This makes having a propane tank worthwhile all year, whereas your oil tank won’t get much use until winter comes around. Switching to propane can be a great opportunity—or excuse—to install the latest gas range that you’ve been eyeing. Oil furnace replacements, installs, and repairs are not DIY projects for homeowners due to building codes fire hazards. When replacing an oil furnace or switching to a different fuel source, the oil tank and line typically need replacing as well.
Oil tank replacements cost $1,000 to $6,200 on average, depending on the tank size, location , and pipe length to the tank. Oil tank removal alone costs $400 to $3,500 according to the tank’s condition and whether it’s above ground or underground. New oil furnace installation labor is $1,200 to $2,200 on average with favorable site conditions. At the very least, filters should be inspected once a month.
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