Bioheat® Fuel Vs. Heating Oil

Why Bioheat Fuel Saves You Money

bioheat new jersey Did you know Bioheat® fuel basically works the same as traditional heating oil? It’s completely compatible with existing heating systems. You don’t have to invest in costly new equipment or modify your home to use it.

And you don’t lose any heating power with Bioheat fuel, a blend of heating oil and renewable biodiesel. On the contrary, it burns much more efficiently than conventional heating oil. This will reduce heating system:

  • repairs
  • maintenance costs
  • fuel consumption.

Bioheat fuel also achieves emissions reductions of at least 50%, compared to petroleum that’s not blended with biodiesel.

Avoid Expensive Conversion Costs

Bioheat fuel is the renewable liquid fuel choice that a lot of people are excited about —except for those who are pushing so hard for the total electrification of homes—including the way you’re allowed to heat it.

Unfortunately, the fact that Bioheat fuel is reducing carbon emissions right now has been virtually ignored. The heating oil industry is on track to meet its goals of net-zero carbon emissions by 2050.

But efforts by government officials to mitigate the impact of climate change have instead focused solely on supporting conversions to electric heat pumps. But that’s an extremely expensive path to take.

How expensive is it? Data from three heat pump conversion programs in the Northeast showed that homeowners would pay anywhere from $17,260 to $25,829 for a whole-house conversion to heat pumps. You will probably not be surprised to learn that a new high-efficiency heating oil furnace or heating oil boiler would cost substantially much less than this.

Too Much, Too Soon

It should be obvious that rapid mass-scale conversions to heat pumps will put a tremendous new strain on our fragile electric grid, which is already prone to numerous power outages.

Trying to phase out traditional fuels like heating oil, propane and natural gas puts all our carbon reduction eggs into one expensive, untested basket. It’s too much, too soon. This speeding heat pump train we may be forced to ride on will undoubtedly raise the risk of rolling blackouts during periods of extreme cold or oppressive heat.

Concerns about Parts and Labor

In many areas, there are not enough contractors with the skills to install heat pumps. Just like any other heating or cooling system, the equipment you get is only as good as the contractor who installs it.

The lack of available replacement parts needed for heat pump repairs has raised further concerns. Although we mostly import heat pumps from overseas, a spokesperson for Rewiring America, an electrification nonprofit group, recently described the U.S. heat pump supply chain as “not too bad,” but he added that investment is needed…(to prevent) future complications, especially as the market grows.

Can We Still Rely on Electricity?

Rising peak demand and the planned closure of many fossil fuel and nuclear electric generation plants over the next decade will create blackout risks for most of the country, according to a December 2023 report by the North American Electric Reliability Corp. (NERC)

NERC asserts that: “In recent years, we’ve witnessed a decline in reliability, and the future projection does not offer a clear path to securing the reliable electricity supply that is essential for the health, safety, and prosperity of our communities.”

In its report, NERC said the growth rates of forecasted peak electric demand have risen significantly over the past year. This reverses a decades-long trend of falling or flat growth rates. Projections for growth in data centers and electric vehicles have contributed to these higher forecasts for electric demand.

Additionally, the rapid electrification of heating systems via heat pumps is having a big effect on seasonal demand. This is causing a shift from our traditional summer peak electric demand to winter peak electric demand, or, in some cases, dual-season peaks.

These are some of the reasons why NERC says that “regulators and policymakers need to consider effects on the electric grid in their rules and policies and design provisions that safeguard grid reliability.”

And that’s why we all must do our part by calling on our elected representatives to come up with a balanced energy plan that incorporates renewable Bioheat fuel—and avoids sabotaging our electric reliability.

Sources:
https://www.smarternyenergy.org
https://prospect.org
https://www.utilitydive.com
https://www.forbes.com