Choosing a boiler for the Tax Credit

newhavendave

Can anyone recommend an oil boiler with tankless water heater that is 90%+ efficient? Are there any? The Pinnacle and the Buderus do not seem to have DHW. Should I just stick with a WM WTGO that will not qualify for the 30% off?

Thank you!

beenthere

Get an indirect water heater. The tax credit will just about cover the cost.

As far as I know. No boiler with a tankless coil is 90% or better efficient.

newhavendave

Understood. What does anyone think of the idea of buying a condensing oil boiler with an electric tankless water heater? I have about a 70K demand and I like the idea of tankless. I spend about 6mo out of the year, intermittently, away from home.

Or swap to all propane? The oil condensing boilers seem hight maintenance and costly.

beenthere

Electric on demand need a heavy electrical service.

Condensing oil boiler can be more trouble then its worth.

What is the cost of LP in your area. Are you going to buy or rent the tank.

oldfrt

newhavendave,
If it's Connecticut you live in,check here for another possible rebate:

http://www.dsireusa.org/incentives/i...T56F&re=1&ee=1

Or check your state for available programs.

Yoyizit

For heats of combustion at 100% eff. 0.71 gal of fuel oil = 1.1 gal of propane.

newhavendave

Thanks all, yes it is CT, and I have had my eye on that $500. I was just wanting to get greedy and go for the federal and the state!

I appreciate the input on the electric on demand units, I have only 100A electrical and at about $0.20/KWh after taxes/fees, I may not be saving much.

I will have to call tomorrow about propane fuel prices. I do not have a tank, but refuse to 'borrow' one from a distributor.

I would like to be as efficient as possible, and am willing to spend money for a good deal that will save me money in the long run. Although, with the $500 rebate and a $2000 WM/tankless, it will be an easy DIY direct swap for the 45 year old unit I have now! http://www.pexsupply.com/Weil-Mclain...ter-11437000-p

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beenthere

If you get a condensing boiler, it can NOT be vented into the chimney.

newhavendave

$1.89/gal for propane and $2.25/gal for #2 oil. It is not looking to be worth it except for the possibility of a tax credit with propane.

beenthere

At those prices. Oil is cheaper then propane.

Yoyizit

Here's where the prices are going, if you can wade through this document that your tax dollars have already paid for.
http://tonto.eia.doe.gov/ftproot/for...0383(2005).pdf

Home Air Direct

Yoyizit, you don't tick like everybody else do ya? :-))))

Like sheep, everyone is all wrapped up in "Tax Credit" frenzy. I have access to a couple of calculators that usually show an efficiency payout that is much longer than expected. That is not to say that higher efficiency is not a positive thing on many levels.

__________________
Settle down! If you were that important, the city would give you lights and a siren for your car

Yoyizit

Sometimes I don't tick at all. . .

http://www.google.com/search?client=...UTF-8&oe=UTF-8

So would "a reasonable person" call it a scam?

Home Air Direct

I would not call it a Scam, though I do think the program is really the tiniest of blips on the radar. not unlike the Cash For Clunkers program, it will benefit a few, but really has no long term lasting positive effect.

Now, with that being said, if someone has the money to invest and has a more positive goal in mind, beyond the $1,500 tax credit and is more interested in being an environmental steward, then maybe the program makes a difference, but you and I both know that people for the most part are greedy and only are interested in what it does for them.

In the end, I hope this homeowner finds his boiler and his tax credit.

__________________
Settle down! If you were that important, the city would give you lights and a siren for your car

Yoyizit

It's called
http://en.wikipedia.org/wiki/Social_trap
and also called
The Tragedy of The Commons.

There's no solution to it that I know of.