Imagine comparing a classic Ann Taylor trench coat with a bargain item bought at a large retail chain. They may look similiar, but the quality of the Ann Taylor item ensures that it will last for years, while the less expensive item will need to be replaced far more frequently. Wearing a well made classic coat ensures that the consumer will feel and see the difference in styling – and many are willing to pay for this.  However, it is hard to see the bigger picture when shopping for an item that is costly and isn’t a showpiece. An energy efficient gas heating system remains unseen to most people who enter our homes. Very rarely do we drag our guests down to the basement for a viewing (although in my home this is not so rare!). When purchased carefully, a high efficiency heating system can be one of the biggest money savers you own.  If you are changing from a tank system to a tankless waterheater/boiler combination, the upfront cost is higher. This is due to a costlier system and a more labor intensive installation because you are getting an entirely different type of unit. However, these systems can have a 98% AFUE energy rating, meaning 98 cents of your money is going towards heating costs, not up the chimney. If you compare this to an older system, those were rated at 68-72 when they were brand new – as the system ages, this number is even lower. That’s an average of 30 cents of your heating dollar being wasted. If you choose a new more conventional gas heating system with a tank, the energy efficiency ratings are still over 95% and the upfront costs are less. Even the new oil heating systems have an average 85% efficiency. Rebate programs help defray the purchase price of gas systems, and you will reap the rewards of savings on your energy bills every month. Who knows, you may even qualify for a 7 year, no interest loan! Visit gasnetworks.com for information on energy efficiency programs currently being offered.
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