ᐅ Is it still worth installing a new oil heating system today?

Created on: 24 Sep 2019 14:24
K
Kate***
Hello everyone,

We are currently facing the difficult question of whether to still install a new oil heating system given the current "penalties" being considered for oil heating.

This concerns a renovation, and the decision for a new condensing oil boiler was already made some time ago, the KFW application has been submitted, etc... the heating system was supposed to be installed soon.

Now I am a bit uncertain whether we should switch at short notice (the only real alternative for us would be pellets).

Are there any opinions on this?

Best regards, Kate***
K
Kate***
24 Sep 2019 15:39
I have also thought about that. On the other hand, many oil heating systems are still being installed today, especially in older buildings, and this will certainly continue in the coming years, so there will still be many users for them in 15 years.

Conversely, one could say that if demand decreases somewhat, the price might also go down...
N
nordanney
24 Sep 2019 15:52
Kate*** schrieb:

On the other hand, you could say that if demand decreases slightly, prices might also go down...

... and if the demand for more electricity and pellets also increases, prices could rise further there as well.

It's all just speculation.
F
Fuchur
24 Sep 2019 19:39
Or the suppliers withdraw from the market, leaving you with a monopoly provider charging exorbitant delivery fees (and prices).
D
Domski
24 Sep 2019 20:46
What is the expected lifespan of the fuel storage system?
J
Joedreck
25 Sep 2019 09:07
And to be able to evaluate alternatives: will additional energy efficiency measures be implemented?
B
Bookstar
25 Sep 2019 09:12
Everything speaks in favor of oil. Affordable, reliable, and sustainable for a long time.

I wouldn’t let that Greta girl unsettle me.