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Esteemed Contributor
Posts: 5,301
Registered: ‎06-15-2015

Re: Yikes!! Home Heating Oil

@CrazyKittyLvr2 

 

We no longer use our whole house gas heater, haven't for about 10 years. Our rooms are heated by either portable room heaters, or our patio room electric.

 

Comparable to a month last winter, weather wise and number of days. Last months bill was over double of one similar as in 2021. It isn't just the oil and natural gas bills that are seeing the huge $$$$ hikes. And $1 now is worth $.93. I got a SS raise, but even if it all went into my bank account, I would still be losing $.04 on each buck.

 

New normal?

 

 

hckynut 🥅🏒

hckynut(john)
Esteemed Contributor
Posts: 5,357
Registered: ‎05-11-2013

Re: Yikes!! Home Heating Oil

@Tinkrbl44   I am in NE PA.  The house is not new and we have always had oil heat in this house as well as the house we used to live in.

 

Usually the home heating oil is well under $2.00 a gallon.  Right now it is $2.7990 a gallon.

 

As I said I am on a yearly budget plan. In 2019 it was $165.00 oer month, 2020 was the same, 2021 went down to $120.00.  I willbe recalculated in May/June and I will find out the new amount. I guess it is based on your usage and what the price is. Yep, it go up. Just a matter of how much.

 

Not sure how costly it would be to go all electric.

Esteemed Contributor
Posts: 7,516
Registered: ‎10-04-2010

Re: Yikes!! Home Heating Oil

@Tinkrbl44   switching over is very costly especially in older homes that have oil heat.   

Honored Contributor
Posts: 8,061
Registered: ‎12-24-2010

Re: Yikes!! Home Heating Oil

@CrazyKittyLvr2 Propane and oil is a must for country-side living....or electric.  Sometimes it's best to stay with the heating system you have rather than venture to a different method due to the installation costs.  

 

Which can be very expensive......prices for fuel go up and down ....and stabilize at some point.

.

Honored Contributor
Posts: 16,592
Registered: ‎03-09-2010

Re: Yikes!! Home Heating Oil

@Teddixat   Right.  Not only is doing the switch costly, for the cold Northeast, electric would be easily as expensive or more to use AND not provide good heat during the coldest weather except perhaps in new well-insulated homes. 

Esteemed Contributor
Posts: 7,516
Registered: ‎10-04-2010

Re: Yikes!! Home Heating Oil

@millieshops    I totally understand.  I hope you can get through the winter without too much hardship.  It's terrible but the energy companies have us at a real disadvantage.  I'm in SoCal and while our nights can get down into the 40s our days are usually in the high 50s to mid 60s even in the coldest months so I truly feel for people who,live in cold climates.  Stay safe

Honored Contributor
Posts: 16,841
Registered: ‎09-01-2010

Re: Yikes!! Home Heating Oil

I'm in WV, and our electric bill last month was $330; this month I expect it will be at least $450, since I've used the EmHeat function several times, for days at a time, when our temperatures dropped into single digits.   

 

I pay extra on my bill every month from April thru October, and go into the winter months with a $400+ credit on the account, to help with the high bills in January, February, and March.   

Respected Contributor
Posts: 4,838
Registered: ‎07-24-2013

Re: Yikes!! Home Heating Oil

i was paying over $100 per month on electric bills in LI in 1980. and only for electric usage, not heat.  we had oil heat. the electric meters on a residence has a flat disk that turns, ordinarily the disk turns verry slooowly. On this meter the disk turned quickly. i showed the meter to the agent from LILCO. we wanted to know why our bills were outrageous. the agent was looking for space heaters. we had none. just the usual energy drains - fridge, range, water heater, one small TV, washing machine (no dryer)

 

turned out LILCO was a great utility choice for investors . i found this out a few years later when i worked in a bank and a customer cashed a BIG$$ dividend check.

 

LILCO: Long Island Lighting Co.   Guess who supplies LI electric now??  -  PS&G !!

Honored Contributor
Posts: 16,841
Registered: ‎09-01-2010

Re: Yikes!! Home Heating Oil

@Tinkrbl44 

An oil furnace produces a much warmer, toasty heat than any form of electric heat.  Our mobile home was heated by Number 2 heating oil, and we were always nice and warm in the winter, even tho we did not have insulated, or storm windows.   

It took awhile to get used to this new all electric home, and for many years we depended more on the Warm Morning wood and coal stove in our basement for that deep toasty warmth we were used to.  

 

Many older homes in this area of WV still have oil furnaces.    

Honored Contributor
Posts: 8,061
Registered: ‎12-24-2010

Re: Yikes!! Home Heating Oil

@RedTop I've never lived with oil but I agree about that  deep warm feeling.  Natural gas leaves cold spots....

 

meaning set thermostat for 73 - ok  you get 73

 

but then temp starts to drop and no more warmth is sent your way until

temp falls to 72........then it kicks in.

 

Oil, I believe, is constant...........