Pricing and Costs of Gas and Oil Boilers

Determine the right boiler for your budget

Oil and gas boiler prices vary widely, depending on the size of the boiler, the type of boiler and the unit's efficiency. Additionally, other factors frequently come into play. For example, a high-efficiency gas steam boiler will cost you more up front, but the unit will save you money in the long run, due to lower energy bills.

When comparing the pricing and costs of gas and oil boilers, you shouldn't just look at the initial price you are paying in the store. Instead you should:

1. Research prices for gas boilers and gas steam boilers;

2. Determine the cost of oil boilers;

3. And then compare the operating costs for different models of gas and oil boilers.

 

Find prices for gas boilers

Prices for commercial gas boilers generally range between $2,000 and $4,000. You'll find more efficient models are more expensive. You can save money by purchasing small high-efficiency gas boilers that are normally used in residential construction. These boilers are also effective for commercial buildings.
Try: To compare prices for various types of gas boilers, check out ProDirectHeat.com. An article from Platts explains the benefits of a small gas boiler, how to choose a gas boiler for sale, and why multiple small boilers can be a cost-effective option for large businesses.

Consider oil as an alternative to gas boilers

If you prefer to use oil as your source of energy, consider purchasing oil boilers as an alternative to gas boilers. Oil boiler prices range from $1,500 to more than $5,000, depending on the size and efficiency of the boiler.
Try: Become lets you compare the prices for dozens of oil boilers. The business section of the Hartford Courant has an interesting article on the pros and cons of commercial and residential oil boilers.

Estimate the annual energy cost of gas and oil boilers

Whether you choose to buy gas fired boilers or fuel oil boilers, the amount of use, efficiency and current energy costs in your area will impact the annual operating cost. A study by the EPA shows this cost can range from $1,500 to more than $300,000 a year. To estimate your boiler's operating cost, determine the boiler's annual operating hours, then calculate the annual energy consumption and the annual energy cost. You can then compare the true cost of two different boilers over a one-, five- or 10-year period.
Try: The U.S. Department of Energy's Federal Energy Management Program provides a helpful energy cost calculator for commercial boilers. You can use this calculator to determine cost savings over the lifetime of a new energy efficient gas or oil boiler. The Efficiency Partnership has great information on ways to save money when using your gas or oil boiler.

 

• Don't forget that installation and optional features for gas and oil boilers, such as insulation and temperature controls, will impact your final cost.
• Check to see if your new gas and oil boilers qualify for federal or state energy rebates.

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