Should I convert from grease to gas or electric warmth? I live in the Philadelphia suburb area, and the house I merely...

I live in the Philadelphia suburb area, and the house I merely bought has oil bake. With the cost of oil skyrocketing, would it be cost effective to convert to gas or electric roast if I am planning on changing the furnace eventually, anyway?
Stay the way you are,if everyone else change to other fuels oil will drop significantly..


When you adaptation your furnace consider going gas. Gas is the cheapest of the three. It will always be cheaper because electricity often uses gas and you are paying a conversion charge for electric power. Also, per BTU cost is cheaper beside gas.

Green cost is better for gas because it is usually produced locally. There is no telling where your electricity is coming from. You single know who you're paying. Downside for gas is it has a slightly larger carbon footprint.
Answers:    All the above answers are good. Without anyone able to predict what energy prices are going to do possibly you should consider a hybrid system that has a gas furnace as an air handler and a warmth pump for heat and a/c...use the gas when it's below 40 degrees and the grill pump when it's above 40 degrees.One thing history have shown - oil will drop again and in nearly 8 years it will go back up and so on.
When you can do it .shift with the gas..and also think warmth pump..check it out..don't get hooked up.get at tiniest 3 bids.maybe more...should be easy to do.so listen with care and be sure you get what your are told. bye I would go beside a gas furnace and a heat pump. This is the most popular system we sell, you catch the best of both worlds at a fairly resonable price.
Oil costs a lot to continue. Gas does not. In the long run, gas is the cheapest form of heat, even if you have to install the gas. Speaking as one who have had to service both heats, and steam pumps, I would never own a heat pump, and here's the reason why. Yes, within is a savings to run a heat pump. If you hold one, repeat one, service call to repair your heat pump, you hold lost all the savings you would own received had you used a standard high helpfulness gas furnace. Heat pumps are internally much more complicated then a standard furnace. SIMPLICITY! It would likely squirrel away a bit -- and might save more over time -- but no one can really predict what grease prices will do. You could reasonably convert either to a inborn gas furnace, or to a heat pump; the operating costs of these will be similar. The heat pump give you air conditioning at no extra cost -- which in Philly, during the summer, would be nice. (But it will cost more to install.)