| As the summer of 2009 is ending the price of | | | | Eliminating that bill would save you $1800 just |
| heating oil is starting to rise quickly. The average | | | | during the three summer months. You still use |
| price for a gallon of heating oil, also referred to as | | | | heat during the fall, spring, and even a little in the |
| type #2 fuel oil, is around $2.60. While that | | | | summer (still need hot water to take showers). |
| number is far off the $4.00 a gallon price we saw | | | | The savings can easily be $2800 per year. If you |
| last year anyone who sees the way oil is treading | | | | live in some of the more northern states you |
| upwards again should know those days will be | | | | annual savings could be over $3,000 per year |
| back in the not too distant future. | | | | even if you have natural gas available which is |
| Now is the time to make preparations. Its time to | | | | usually half the cost of heating oil. |
| seriously think about investing in an alternative | | | | I bought an Energy Logic Black Gold waste oil |
| energy technology called a waste oil boiler or | | | | boiler back in 2007 for my home and business |
| waste oil furnace. | | | | and have gotten my investment of $11,000 back |
| They are heating devices that are run 100% off | | | | plus some. This year was one of the coldest |
| waste motor oil or vegetable oil. You can also use | | | | winters Anchorage has ever had and my heating |
| several other used lubricants as well. The | | | | bill in February was $10.00 per month. I still pay a |
| substances that waste oil burners (includes boilers | | | | monthly fee of $10.00 to have natural gas hooked |
| and furnaces) use for fuel are usually considered | | | | up to my house and business in case my boiler |
| waste by most people or businesses that produce | | | | ever goes out and I need to momentarily switch |
| them and a pain to get rid of. This means that | | | | back while I have my machine repaired. |
| used waste oil is easy and extremely cheap, if | | | | The cost of heating your home is going up. This is |
| not totally free, to get. | | | | a tread that is not going to change anytime soon |
| The only expense you incur, and its sizable, is the | | | | whether you are using natural gas or heating oil. |
| initial cost of the waste oil burner. A typical one | | | | Now is the time to insulate yourself from from |
| will cost, including installation, $8,000. This might | | | | future price hikes that we have so often seen in |
| seem like a lot of money but when you do the | | | | the past. Getting a waste oil boiler or furnace is |
| actual calculations its really inexpensive. Your | | | | the best way to do this. Start doing some |
| typical heating bill during the winter months using | | | | research now and see if you can afford one. It |
| heating oil can be $600-$800 in some states. | | | | will be a very worthwhile investment to make. |