Oil is pretty cheap right now in Maine.
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I just saw a sign for a local vendor here that was advertising for $1.79 for #2 fuel oil and $2.20 for kerosene.
I knew prices had come down, but I was slightly shocked.
We used a hair over 700 gallons last year, prior to installing our stove; this year, I estimate we're on track to have burned roughly 475-500 gallons by the time heating season is over, assuming we don't get a prolonged cold snap. At an average price of $2.85 or so for this season, that means a savings of about $570, which is just about what I spent on cordwood and Envi-blocks. So, we spent the same, but the house was quite a bit warmer - usually around the low 70's, rather than the mid-60's.
Had the price of oil been higher this year, we would have made a bigger dent in making the stove 'pay for itself,' but I figure we can just get it back if and when we sell our house - not anytime soon, mind you.
Hopefully, this summer I can improve our storage infrastructure (read: build a respectable wood shed), and buy 2 or 3 cords of green wood to begin seasoning for the 2010-2011 heating season.
I knew prices had come down, but I was slightly shocked.
We used a hair over 700 gallons last year, prior to installing our stove; this year, I estimate we're on track to have burned roughly 475-500 gallons by the time heating season is over, assuming we don't get a prolonged cold snap. At an average price of $2.85 or so for this season, that means a savings of about $570, which is just about what I spent on cordwood and Envi-blocks. So, we spent the same, but the house was quite a bit warmer - usually around the low 70's, rather than the mid-60's.
Had the price of oil been higher this year, we would have made a bigger dent in making the stove 'pay for itself,' but I figure we can just get it back if and when we sell our house - not anytime soon, mind you.
Hopefully, this summer I can improve our storage infrastructure (read: build a respectable wood shed), and buy 2 or 3 cords of green wood to begin seasoning for the 2010-2011 heating season.
Hi Stevo,
If you don't mind sharing, where 'bouts in Maine did you find that price and what oil company was it.
Thanks.
If you don't mind sharing, where 'bouts in Maine did you find that price and what oil company was it.
Thanks.
For an idea on the current cost of oil in Maine, copy and past this link as a shortcut and refer to it frequently. When you get to the page, use the drop down box to get your area. When you do your calling around, also ask for any available discounts. i.e. senior etc. http://maineoil.com/zone2.asp?type=0
For a nice comparison of oil prices logon to newenglandoil.com and find your local area and they will list 20-30 different companies and prices in your area. Sorry this is only good in New England!!
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