ᐅ There is an oil heating system in place; would it be better to convert it to gas?

Hello everyone,
I hope this topic hasn’t been covered already.

Here’s the situation...
We bought a mid-terrace house (built in 1960) with 95 sqm (1023 sq ft) of living space, spread over three levels (split-level). It has an existing central oil heating system that was already replaced a few years ago.
Now my question:
Should we switch to a gas heating system? Or should we keep the oil heating and only replace the radiators?
We want to act with the future in mind and not cut corners in the wrong place.
Friends advised us to keep the oil heating because gas prices are currently very high, but oil is also a fossil fuel that won’t be around forever on this planet.

We would appreciate hearing your thoughts on the pros and cons of gas versus oil heating.

DanielÄnni schrieb:
This was already replaced a few years ago.

When exactly? And what type of system/boiler is it? Also, what is the average annual oil consumption? (Or for the previous owners)

And what is wrong with the radiators?

We currently use oil, and it is really very expensive. In our old apartment, we had gas, which was much cheaper.

DanielÄnni schrieb:

Some acquaintances advised us to keep the oil heating system because gas prices are currently very high.

Meicel schrieb:
We currently use oil, and it is really expensive.

Hold on a moment. Both oil and gas are currently so affordable that there are hardly any cheaper heating options, especially in existing buildings without underfloor heating.

Heating oil: approx. 6.3 cents per kWh
Gas: approx. 5.5 cents per kWh
District heating: approx. 7.5 cents per kWh
[Electricity: approx. 29 cents per kWh]

But I dare to suggest that, in the long term, a rise in oil prices is more likely than an increase in gas prices.

Meicel schrieb:
But I dare say that, in the long term, an increase in oil prices is more likely than that of gas prices.

That’s your crystal ball talking. Mine says gas prices will also rise when heating oil prices go up. Although oil price linkage no longer officially exists, the market still reacts accordingly—especially when prices increase.