Call Me CRAZY . . . but!

 
EnergyAllStars
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Post by EnergyAllStars » Tue. Aug. 05, 2008 7:33 pm

Seems like everyone I know is callin' me crazy. . . .but I've got a much bigger picture in mind. Earlier this week I ordered my AA-130. So sometime in late November I'll be receiving the warmest christmas gift ever!!! Not to mention probably one of the better investment I'll ever make.

I also bartered with a good friend of mine, I would give him 150 gallons of FREE No.2 home heating oil if he would remove my old non-active boiler and oil tank for scrap. Granted it's no easy task. . . .I do not have a bulkhead. So everything's coming apart or being cut into pieces. I think it's a steal! I've had that same 1/2 tank of oil for the past 3+ year and paid roughly $2 a gallon. Needless to say. . . It's going to a good home (the oil that is), we're both getting (what I think is) a fair trade, and I'll have that much more room for my coal bin.


 
siblay
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Post by siblay » Tue. Aug. 05, 2008 8:04 pm

I'm new to all this, but I thought I read somewhere that insurance companies do not recognize coal as a primary heat source for homes in Mass. and that you must have either oil, gas or electric. Just thinking that before you hack out the oil unit you might want to get an answer.
Maybe I'm crazy (I'm sure as heck not a lawyer or insurance specialist).
Anyone know the rule on this?

 
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Freddy
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Post by Freddy » Tue. Aug. 05, 2008 8:43 pm

Congrats on the good choice! I hope you get it on schedule. I sent a deoposit on 4-22-08 was told 8-10 weeks ans just today it's in my hands. About 14 weeks.

How can MA deny a boiler that is ASME approved? Sound like rumor to me.

 
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Adamiscold
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Post by Adamiscold » Wed. Aug. 06, 2008 7:46 am

How can MA deny a boiler that is ASME approved? Sound like rumor to me.
It was in another thread just posted here within the past month, I remember reading something about it.

 
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Devil505
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Post by Devil505 » Wed. Aug. 06, 2008 10:05 am

EnergyAllStars wrote:Seems like everyone I know is callin' me crazy. . . .but I've got a much bigger picture in mind.
You're crazy! :lol:

 
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Devil505
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Post by Devil505 » Wed. Aug. 06, 2008 10:09 am

Freddy wrote:How can MA deny a boiler that is ASME approved? Sound like rumor to me.
Maybe it's not the state but the banks not being willing to give mortgages for homes with just a coal appliance?

 
CapeCoaler
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Post by CapeCoaler » Wed. Aug. 06, 2008 10:14 am

It is a bank/insurance thing. They want a "normal" heating source so if you go belly-up on the note the banks will not have any unexpected issues selling off your former house.


 
szembek
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Post by szembek » Wed. Aug. 06, 2008 11:26 am

Yeah, if you have a mortgage you technically will need to keep an oil, gas, or electric heat source in place. Also if you go to sell it, nobody will be able to get financing for it if you only have the coal boiler in place. You might want to take this into consideration before getting rid of it. Even if you have no intention of using it.

 
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Freddy
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Post by Freddy » Wed. Aug. 06, 2008 12:24 pm

szembek wrote:nobody will be able to get financing for it if you only have the coal boiler in place
Ahhhhh, OK, I guess that makes sense.

 
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traderfjp
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Post by traderfjp » Wed. Aug. 06, 2008 5:48 pm

I would keep the oil boiler because when you sell your home the owners may not want to deal with coal. Most consumers don't have a warm, fuzzy feeling when they here coal.

 
EnergyAllStars
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Post by EnergyAllStars » Wed. Aug. 06, 2008 6:48 pm

I agree. . . . . But, the oil boiler is NON-ACTIVE. There's a large crack in the cast iron casing so it doesn't hold water. It's absolutely no good to us. If I ever decide to sell the home. . . . the AA-130 is comin' with us and I'll replace it with a oil fired boiler. The $$$ we will potentially save within the coming years is well worth that expense. Maybe I'll keep the oil TANK then. There's no way to get another one down into the basement in one piece.

 
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traderfjp
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Post by traderfjp » Wed. Aug. 06, 2008 7:02 pm

If u have to replace the boiler and have the option of gas u can do that and then get rid of the tank. If not I would keep the tank.

 
EnergyAllStars
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Post by EnergyAllStars » Wed. Aug. 06, 2008 7:58 pm

No dice . . . . there's no gas hook up on the street. I'll chose sticking with the tank and playing safety.

 
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coalmeister
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Post by coalmeister » Wed. Aug. 06, 2008 8:14 pm

EnergyAllStars wrote:I agree. . . . . But, the oil boiler is NON-ACTIVE. There's a large crack in the cast iron casing so it doesn't hold water. It's absolutely no good to us. If I ever decide to sell the home. . . . the AA-130 is comin' with us and I'll replace it with a oil fired boiler. The $$$ we will potentially save within the coming years is well worth that expense. Maybe I'll keep the oil TANK then. There's no way to get another one down into the basement in one piece.
Propane is cheaper than oil (or at least it was before oil crashed) and a lot cheaper to set up if you had to put in a system down the road

 
CapeCoaler
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Post by CapeCoaler » Wed. Aug. 06, 2008 8:14 pm

They will probably require you to install a double wall oil tank if your tank is more than 25 years or at transfer of property http://www.roth-usa.com/
Rip the old one out if your friend is willing to do so for the oil. It is not cheap to have a licensed company do so. $1800-2400 to remove old steel single wall and install a 275 gallon Roth tank. The Roth tank was only $800 of that install.


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