Home Heating Oil in New Jersey

Moving Toward a Carbon-Neutral Energy Source

carbon neutral fuel new jersey Did you know that heating oil is playing a leading role in the drive towards clean, renewable energy—in New Jersey and elsewhere in the country?

Particulate emissions have been reduced significantly from the already low levels of the past few decades. New heating oil systems now burn fuel 99.9% cleanly, according to studies conducted at the U.S. Department of Energy’s Brookhaven Laboratory.

And thanks to technological advancements in system efficiency, New Jersey homeowners are using about 500 fewer gallons of heating oil each year to heat their homes than they did decades ago. That’s an incredible savings of both money and energy.

Bioheat® Fuel and Ultra-Low Sulfur Heating Oil

The growing use of Bioheat fuel has put oil-heated homes on a super-efficient path. This blend of renewable biofuels with ultra-low-sulfur heating oil has already led to a cleaner, more efficient fuel and will eventually take us to a future of net-zero carbon emissions. Plus, the cost of this advanced home heating fuel remains much the same as traditional, all-petroleum heating oil. The difference in price is typically only fractions of a penny per gallon.

Using Bioheat fuel to warm New Jersey homes saves money because it burns more cleanly than regular heating oil, which means a heating system will not only burn fuel more efficiently, it will also last longer and require fewer repairs. Bioheat fuel is kinder to the environment because it generates fewer emissions than conventional heating oil.

Also making a big difference is ultra-low sulfur heating oil, which has been the standard in New Jersey for years now. Here are a few facts:

  • Ultra-low-sulfur heating oil (ULSHO) has 99% less sulfur in it than the “old” heating oil.
  • The changeover to ULSHO has resulted in a reduction in emissions of over 70%, compared with the emissions produced by traditional heating fuel.
  • Since ULSHO creates fewer deposits on heat exchangers, heating oil consumers benefit from better heating efficiency and easier maintenance. The drastic reduction of sulfur means that there will be far fewer system issues, which will lead to lower maintenance costs for New Jersey heating oil consumers.
  • ULSHO opens the door for the introduction of super-efficient heating systems, which are already being used with great results in other countries that use ULSHO.

Bioheat Fuel and the Future

It’s estimated that widespread regional use of Bioheat fuel already prevents more than 1.5 million tons of carbon dioxide emissions from polluting the atmosphere every year. Those emissions will shrink even further as the ratio of biodiesel blends gets higher in the years ahead.

That time will arrive sooner than you may think. It was recently announced that production of fully warrantied oil burners with B100-compliant components has now become a reality.

The overall goal is to transition to even higher levels of Bioheat fuel, which will further reduce our carbon footprint and turn heating oil into a carbon-neutral energy source.

Bioheat fuel’s already low carbon emissions are considered recycled carbon since that carbon becomes fully absorbed by the plant materials contained in biodiesel.

In contrast, when traditional fossil fuels that do not contain biofuel are burned, they take carbon that was originally stored in the ground and release 100% of that carbon into the atmosphere, where it will remain for decades.

New Jersey Rebates and Federal Tax Credits

Homeowners can now claim a federal tax credit of $600 for installing ENERGY STAR-certified heating oil systems that use renewable fuel blends of at least 20% biofuel. There are also New Jersey heating oil equipment rebates available for homeowners who upgrade to a high-efficiency heating oil furnace or heating oil boiler.

Since many heating oil companies in New Jersey install high-efficiency heating oil systems compatible with Bioheat fuel, there is a good chance you can qualify for these incentives.

And don’t forget that there are long-term savings for equipment upgrades too. A new heating oil system should help you save 20% or more on your annual heating costs.

Please reach out to your New Jersey heating oil company to get started. It’s also a good idea to speak with your tax professional to learn how you can apply these current tax credits to your next federal income tax return.