A Corner Brook city councilor is casting doubt on the affordability of converting from oil to electric heat, even with the rebates offered to lower and middle-income households.
Charles Pender has an oil furnace and explored the cost of having it replaced with an electric boiler.
He says the costs associated with the replacement and the work required on his 60-year-old home came to more than $20,000—a cost that is required up front.
The cost for installation of his electric boiler alone was $10,000 not to mention upgrading his electrical service, removal of the old oil boiler and capping off the chimney. In the end, he would need up to $23,000 dollars up front before the work even began.
FYI: replacing my oil furnace with an electric boiler estimate: $10,000, then there was the cost to remove the old equipment & chimney and $3K to install a 200 amp service and maybe another $7000 to rewire the entire house built in 1950’s … so $20K++ upfront @VOCMOpenline
—Charles Pender ???? (@charlespendercb) November 23, 2022