Written on: September 16, 2015
The oil heat industry continues to make technological breakthroughs that promise a new era of higher efficiency and bigger savings for everyone fortunate enough to heat their home with the new heating oil.
*Source: New York State Energy Research and Development Authority.
A heating oil storage tank offers an important advantage: the ability to safely store an adequate supply of heating oil that’s ready for immediate use whenever a need to heat the home arises.
Today’s aboveground tanks are worry free and virtually leak proof. Most oil tanks are now built of corrosion-resistant materials. In many cases, new aboveground tanks are double-walled and come with alarm systems if there is any discharge.
Plus, the newest generation of aboveground tanks generally can be installed in small or unusually shaped spaces.
In short, today’s tanks provide peace of mind and convenience—in addition to all the other benefits of heating your home with oil!
The greater the efficiency, the MORE you SAVE! This chart shows average savings from upgrading to a new system with 85% efficiency.
Source: American Council for an Energy-Efficient Economy. Average savings vary, depending on square footage of home, number in household, insulation quality and other factors.