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Conversion Economics Calculator

Welcome to the PSE&G space heating fuel conversion/replacement economic calculator tool!  This tool can be used to estimate potential heating fuel savings based on both…

  • Increased efficiency – replacing your old heating unit with a new higher efficiency unit, and
  • Reduced fuel cost – the difference in cost between natural gas and your present fuel.

Please note that all fuels are subject to open market pricing and can vary throughout the year. Savings (or lack thereof) as may be identified by this tool can change monthly or seasonally. It is also important to remember that buying a higher efficiency heating unit than your current unit will always provide relative savings because it uses less fuel regardless of the cost of that fuel.

Before using the tool, please be prepared to provide some basic information you may be asked for…such as:

  • How old is your current furnace or boiler?
  • What fuel do you use to you make hot water?
  • How much fuel did you use in the most recent 12-months?
  • What did you pay for your current fuel during the most recent 12-months?

To proceed, please click on your current space heating fuel from the list below.

Interested in Replacing Your Old Oil Heating Unit?
PSE&G now performs space heating equipment replacement work!  Learn more 

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