What is Oil to Propane Conversion Cost?

The cost to convert from oil to propane heating can vary based on several factors. Here’s a breakdown of potential costs:

1. Equipment Costs:

• Propane Furnace or Boiler: $2,500 to $7,500, depending on the size, efficiency, and brand.
• Propane Tank:
  • Purchase: $400 to $2,000 depending on tank size.
  • Lease: Some propane companies lease tanks for an annual fee, ranging from $50 to $250 per year.
• Other Equipment: Ductwork modifications, thermostats, and controls might add $500 to $2,000.

2. Installation Costs:

• Labor for Conversion: Installing a propane system typically costs $1,000 to $4,000, depending on the complexity of the work (e.g., adding new venting or modifying plumbing).
• Tank Installation: Installing a propane tank (above or below ground) can cost $500 to $3,000, depending on the size and location.

3. Removal of Old Oil System:

• Oil Tank Removal: $500 to $3,000, depending on whether the tank is above ground or buried. Buried tanks can be more expensive due to environmental regulations.
• Old Furnace/Boiler Removal: $500 to $1,500 for labor and disposal fees.

4. Additional Costs:

• Permits and Inspections: These could range from $100 to $500, depending on local regulations.
• Propane Supply Cost: Initial fill-up for propane might cost several hundred dollars, depending on the size of the tank and market propane prices.

Total Estimated Conversion Cost:

• A typical oil-to-propane conversion could cost anywhere from $4,000 to $15,000 or more, depending on your specific situation, equipment needs, and local costs.

Would you like details on how these prices might vary by region or more information on potential savings from switching?