Help me lower my home oil heating costs
March 5, 2012 6:48 AM Subscribe
Any experience with the Energy Kinetics EK1 System 2000 boiler?
posted by ssmug to home & garden (20 answers total) 1 user marked this as a favorite
I recently purchased a home that has an oil furnace. Having always lived in a house with gas heat, I was totally unprepared for the oil expense, which is about $4.20/gallon. I'm 1 person, I keep my thermostats around 62, and my monthly oil bill is still nearly $1000!
Because my house is in a semi-rural area, gas is not an option.
I've had several people come out to give me my options:
1. Add a separate water tank (~$2500), which would save ~10%/year.
2. Install the Energy Kinetics System 2000 (~$10,000), which saves about 30-40%/year. These claims seem to be backed up in online reviews.
They recommend against an electric tankless water heater because of well/hard water (although I do use water softener).
This is my dream house, so I don't plan on moving, ever. I figure if I'm spending close to $10,000/year on oil, the System 2000 should pay for itself within 2-3 years, assuming the claims are true. Not to mention, oil costs are only increasing.
So, anyone have any experience with the System 2000, or have any other recommendations to take the pain out of getting crushed by oil bills?