There are a couple options when replacing an oil fired water heater.
When you have oil water heater there are a couple directions you can go for your water heater replacement.
Clearly, natural gas or propane are the best ways to go, but the neither is available, we have to stick with oil, or go with an electric option.
Note: Electric options are only possible if there is enough power supplied to the home, (at least 200 amp service) and there MUST be 2 open/ unused breaker slots in the electrical panel for the new power supply line. Both standard and high-efficiency electric options are viable options, but only if your home has enough power and 2 open slots in your electrical panel. And remember, we need a licensed electrician to install a new electrical power line ran from the fuse box to the installation site.
Each type of water heater comes at a different price point, uses different amounts of energy, and offer different pros and cons over the short and long term. This proposal/ informational letter offers help so you can make an informed decision on your water heater replacement. It also took a lot of work to put together, so please do not share this information with any other plumbing companies.
So.. What direction you go is greatly determined by the amount of hot water your home/ family requires. Electrical options provide the least amount of hot water, and oil fired tanks offer the most, so there is a huge different in the performance or “Recovery Rating” between each. Be aware of the Recovery Rating, and take into account the size of your family and or hot water demands when determining your new water heater.
OIL FIRED OPTIONS
The first quotes are for a Standard Replacement of an Oil Fired Water Heater.
Quotes include, tank, burner, materials, labor, taxes, removal and recycling of old equipment at proper facility, everything is included.
Bock 51e New Tank & Burner, complete installation– $2,750-$3,000 (depending on location and installation scenario)
Recovery Rating: 167 gal./hr. @ 90°F Rise
Likely consumes $400-$500 in oil, plus $150 yearly maintenance.
5 year factory warranty Tank
3 year factory warranty Burner
Bock 32e New Tank & Burner, complete installation $2,200 – $2,400 (depending on location and installation scenario)
Recovery Rating: 112 gal./hr. @ 90°F Rise
Likely consumes $300-$400 in oil, plus $150 yearly maintenance.
5 year factory warranty Tank
3 year factory warranty Burner
1) Standard, 80 gallon tank, is a conventional cheap electric water heater. $1100-1300 + (electrical plus another $200-300 for running new power line to fuse box and installing new circuit breakers) Plus terminating oil line and repairing chimney lining. (Properly eliminating oil, venting lines and patching chimney)
Standard electric water heaters are cheap upfront but cost a lot in operating costs, provide almost no hot water during the second hour of usage, and they don’t last very long. This only makes sense if you had no other choice.
Recovery: Rating 21 gal./hr. @ 90°F Rise (After the tank drains down it only produces 21 gallons per hour of hot water, 4 hours to fully reheat)
Likely consumes $600-$1000 (more for large families) in electric power.
6 year factory warranty Tank
2) High-Efficiency 80 gallon, Heat Pump water heater. (Best electric option)
New 80 gallon Heat Pump water heater, complete installation.
Price $Call For Details (depending on location and installation scenario)
Quote depicts The AO smith-80 gallon Voltex heat pump tank, and standard condensate pump.
Complete Installation, (Also including all standard electrical work required)
Recovery Rating: 84 gal./hr. @ 90°F Rise Note: The Heat Pump offer outstanding performance when compared to all other electric options.
Likely consumes $350-$500 of electricity (in our part of the world)
NO yearly maintenance.
10 year factory warranty
REBATE ALERT: This water heater comes with at least a $400 rebate, other rebates are available depending on which utility companies you use.
(The heat pump water heater is the only water heater that qualifies for a rebate on this proposal)
Plumbing to be completed with heat pump water heater.
All plumbing associated with hot/cold lines, and condensate water.
Terminating oil line(s), Terminating existing vent lines and repairing the chimney.
New power supply line ran from installation site, and terminated into the electrical service panel.
2 new 30 amp breakers properly grounded, installed in the electrical fuse box.
Proper electrical termination to the unit- Grounded at water heater and grounded at the fuse box.
Additional Heat Pump Benefits:
- Free de-humidifying for the basement. (The heat pump will keep a medium sized basement 700-1200 sf’ dry, year round as a byproduct of the heat pump)
- Save ware and tare on chimney. (If you need to reline you chimney now, or in the near future. Do Not, put that money into the chimney! Instead, put some towards a new heat pump water heater now, and a new higher efficiency direct vented boiler or furnace down the road. Neither product requires chimney venting & both will reduce your energy bills.
- Cleaner air in home. (The heat pump doesn’t burn fuel so there is no exhaust vapors- cleaner air for your family)
- Best option for the environment of all listed options. (No question, this is the best option for the environment.)
3) 80 gallon, Marathon water heater.
The marathon is much like a Standard electric water heaters, but it offers a industry leading warranty on the tank from leaks. This units do not offer any significant energy savings, and the do not qualify for any rebates. The savings offered is long term. This tanks can last 25-35 years and save you money by out lasting other options. They are not cheap upfront, they also cost a lot in operating costs, and don’t provide very much hot water during the second hour of usage, but they last forever. This only makes sense if you have very hard water, and a solar power system for you home.
PRICE: $Call for details Including electrical work, Plus terminating oil line and repairing chimney lining. (Properly eliminating oil, venting lines and patching chimney)
Recovery Rating: 21 gal./hr. @ 90°F Rise (After the tank drains down it only produces 21 gallons per hour of hot water- so it takes 4.1 hours to fully reheat) This is OK for a small family, not for a large family, or homes with large demands.
Energy usage. Likely consumes $600-$800+ in electric power. (For medium sized families in CT)
Limited Lifetime factory warranty Tank (reduced if on well water)
STORAGE TANKS & INDIRECT WATER HEATERS.
A storage tank or indirect water heater could be a great option, but it’s likely your boiler wasn’t sized large enough required for the additional heat load, then again maybe is it. This is something that can be explored, but requires heat load calculations of your home, compared to the boilers BTU output, and the additional load for the domestic indirect water heater. Adding a indirect water heater to an existing boiler is possible, but not a typical alternative to a oil fired water heater replacement. Indirect water heaters are normally installed at the time of a new boiler system installation.
-Prices on Indirect water heaters varrys quite a bit, by construction materials. The three most popular construction types of indirect water heaters are; Steel glass-lined (6 year warranty), stone lined (10-20 year warranty), or stainless steal (lifetime warranty)
-PRICE: $Call For Details. Including electrical work, Plus terminating oil line and repairing chimney lining. (Properly eliminating oil, venting lines and patching chimney)
Recovery Rating: 100-200 gal./hr. -Fed From Boiler- This is OK for any sized family; 30 gallon tank small, 80 gallon for the largest demands.
Energy usage. Likely consumes $300-$500+ in oil. (For medium sized families in CT)
NO Yearly Maintenance:
Available Limited Lifetime factory warranty Tank (reduced if on well water)
ADDITIONAL NOTES: Hot water usage figures. Typically, a standard shower head uses 2.5+ gallons of water, per minute. So a 5 minute shower uses 12.5 gallons of water, 20 minute shower uses 50 gallons of hot water and 2- 20 minute showers, or 4-10 minute showers consume 100 gallons in the first home with just standard shower heads. If you like the water scolding hot this uses almost full hot water, and if you only like warm showers your only using 70-80% full hot water.
You need to think about the amount of hot water you’re using. The amount of minutes and temperature being used determines how much Recovery Rate you need. Longer and hotter showers need more, Recovery Rate you meet demand. Add up each shower head, and how many minutes they are all running together during peak demands times. That way you can get an idea of how to figure out the right amount of RECOVERY RATE necessary for your home or business. This will help you select the best option for your oil fired water heater replacement.
I took the time to put this together to better educate you about your options. Please do not send it to other plumbing companies, prices vary based on many factors.
Please contact us to schedule your appointment.
A Plus Plumber LLC
CT Licensing Info-
Plumbing: P-1 # 283661
Heating: S-7 #303436