Re: Propane or Fuel oil?
One BIG advantage of propane is that when the tank leaks, you don't have an underground environmental disaster on your hands.
The town where my church is located has among the cheapest electric rates in the nation. Our oil-burning furnace at the church recently died and we replaced it with an electric furnace. (Not a heat pump.) We expect our fuel bill to be between 1/3 and 1/2 of the cost of heating with oil. The utility has a long history of maintaining low rates.
Of course, it's a gamble that electric rates (as with any fuel source) will remain low. The biggest threat to electric rates here is the "green" legislation demanding that power producers use "renewable" resources (for some reason, the enviros don't consider hydro a renewable resource) which generally means expensive wind or solar generation. Columbia River hydro is the cheapest power there is in this country, and it's the most reliable.
From what I've heard, electric heat isn't a reasonable option in New England.
The "Senior Member" designation under my name doesn't mean I know a lot, it just means I talk a lot.I've been a DIYer since I was 12 (thanks, Dad!). I have read several books on various home improvement topics. I do not have any current code books I can refer to. I was an apprentice plumber for two years.