

I was super lucky to replace my oil furnace with a heat pump a couple of years ago, before prices of heat pumps and oil skyrocketed. I used to pay $600-700 every three months in the winter just on heating oil (I had a very inefficient 1950’s oil furnace in my poorly insulated 1940’s home).
Now I have air conditioning and heating without spending hundreds of dollars. I wonder how much it would cost to fill the oil tank now.














I’m also very worried, as my neighborhood still has a lot of people using oil furnaces, primarily those on fixed incomes. Their situation is pretty dire, to put it lightly.
I was able to, yeah. It definitely helped me afford it. It’s really sad that they got rid of it, basically ensuring that some people will be living in cold homes at some point this year. Those credits were good for everyone except for the oil companies: heat pumps help save on power bills (being one of the few > 100% efficient heating methods), they can reduce electrical grid stress if people move to heat pumps from resistive heating, and they help reduce pollution. It’s just another way this administration and the oil companies are hurting everyone.