How Much Does Oil Heat Cost Per Month For Main Line Homes? [2022]
The cost to heat a home with oil depends on many factors, including the size and layout of the house, the boiler’s age, the temperature and wind chill, and how well your home is insulated. And, of course, the current price of oil.
You can use a basic formula to estimate how much oil you can expect to use in the winter, but it’s not exact. The actual amount is different for every home.
However, one thing is for sure: The cost is going up.
There are still plenty of reasons to keep your oil heat. People love how fast their house heats up and how much warmer it can feel than homes with gas heat.
It’s also safer — you never hear about an oil furnace explosion — and you have more control over where you get your energy from.
But, the cost is a significant factor, and it’s becoming more of a concern for many Main Line homeowners.
At John Cipollone, we do our best to help you keep your costs down. Every delivery comes with a cleaning and inspection to ensure you’re using as little fuel as possible. And, we offer cap budget pricing so you can lock into the year’s best prices even when they go up later.
And, we can help you estimate how much oil you can expect to use in the winter.
In this article, we’ll review:
- Average Oil Heating Costs Per Month In Haverford, PA [2022]
- Why Am I Using So Much Heating Oil?
- When To Schedule An Oil Delivery
- How To Save Money On Your Home Heating Oil
- Home Heating Oil Delivery In Haverford, PA
And, if you have any questions about the heating in your Main Line home, call us today at (610) 446-7877.
Average Oil Heating Costs Per Month In Haverford, PA [2022]
In the coldest weather, the average home oil heating cost for Haverford, PA can range from around $700 to over $2,300 a month in 2022. That’s way more than in previous years and may not get that high or stay there long. But, it’s the closest approximation without factoring individual home specifications.
We’ll break down the costs we’re seeing right now and apply them to the general equation to get this estimate.
And, it’s important to stress that we can’t predict how much oil your home will use. Again, that depends on several factors unique to your house and system.
But, you can use this rule of thumb to anticipate how much you’ll need — and when you’ll need it.
Home Heating Oil Costs In 2022
We’re seeing astronomically high home heating oil prices in 2022: $4.96 per gallon on average by the end of March. That’s up from around $2.60 and $2.87 in 2020 and 2021.
As a result, you can expect to pay almost double from last year. And, of course, expect that price to go up later in the year when the weather gets cold again.
You can avoid those increases by locking into a lower fixed rate through our cap budget pricing program.
Home Oil Heating Usage Formula
At most, your home can use up to 16 gallons a day. But that’s on the high side. You can estimate this by understanding how long your system runs and how much it uses every hour.
Residential heaters have a nozzle that sprays between 1.5 and two gallons every hour they’re working. They won’t use more or less during that time, so the big factor is how many hours a day the system runs.
During the coldest weather in January and February, expect your system to run for eight hours a day. That’s up to 16 gallons a day.
Sixteen gallons by around $4.96 per gallon is $79.36. Over 30 days,that’s $2,380.
Now, that’s a worst-case scenario, and it probably won’t get that bad. First, you’re more likely to use around 1.5 gallons than two. And that’s only if your system runs eight hours a day every day.
When it’s warmer, and the wind chill is lower, you’ll use much less. It’s more likely that you’ll use around five or six gallons a day most days. That’s less than $800 a month during the absolute coldest part of the year.
When To Schedule An Oil Delivery
You never want to let your tank go under a quarter of the way full. At that point, you risk running out before your next delivery. That’s especially true in the winter when you’re using a lot more than in warmer weather. Your best bet is to call when it’s half-full.
The average residential tank is 275 gallons, but they usually only take 225 gallons at most. The rest is for air and to account for debris at the bottom of the tank.
You can sign up for automatic deliveries to ensure you never run out. We track your usage and delivery schedules to estimate how much your specific home uses and when you’ll need more.
That way, you don’t have to keep track. We’ll call you when it’s time for a fill-up. And, we’ll inspect your system to make sure everything’s in great shape.
How To Save Money On Your Home Heating Oil
The best ways to save money on your home heating oil are to:
- Get A Tune-Up
- Change The Filter
- Use A Smart Thermostat
- Enroll In Cap Budget Pricing
Tune-ups and filter changes fall under general maintenance. They increase your efficiency by ensuring your system runs as smoothly as possible.
Then, a smart thermostat can track and regulate your energy usage. The best models will adjust the temperature based on your activity to use as little fuel as possible. And you can review your usage through an app. That way, you’ll notice any changes or problems right away.
Finally, cap budget pricing protects you against rate increases later in the year. The cost per gallon is always cheaper in the spring than in the late fall. That’s when you want to lock into your rate for the year.
Home Heating Oil Delivery In Haverford, PA
John Cipollone, Inc. provides inspection and cleaning with every home heating oil delivery in Haverford, PA and across the Main Line. We’ve been family-owned and operated since 1953 and offer cap budget pricing for regular customers. To learn more or schedule a delivery, click below or call (610) 446-7877.