6 Steps to Take before Buying a Waste Oil Furnace
As with any investment that will affect the profitability of your business, it’s worth your time to do your due diligence before buying a waste oil furnace. It requires a well-thought-out, and well-executed, process to have confidence and peace of mind in your purchasing decision. You want equipment that will not only satisfy your building’s heating needs, but also optimize your energy savings year after year. And, of course, you want to make sure that the furnace you buy has no upfront costs that could set you back financially.
Below, we’ve listed some recommended steps to follow as you explore the viability of purchasing a waste oil furnace for your company.
The 6-Step Process for Making an Informed Waste Oil Heater Purchase
1. Determine approximately how much waste oil you generate each month.
This will help you identify if it will be enough to heat your facility exclusively, or if you will need to supplement your supply. If you generate over 500 gallons of used oil per month, you should see some substantial savings on your heating bill. Of course, the more you generate, the better!
But fear not if your yield isn’t quite that high. There are waste oil brokers that sell used oil; you can also buy and use #2 heating oil in your furnace. In addition, our furnaces can burn used motor oil, hydraulic fluid, and transmission fluid, as well as any mixture of these products. This allows you to mix n’ match your way to savings!
2. Assess the available space you might have to accommodate a waste oil furnace.
Think about where you will place the various components that comprise a waste oil heating system; including the furnace itself, the oil storage tank, the chimney, and associated ductwork. Remember that the locations where you put these elements must comply with all local codes and regulations, and meet clearance-to-combustible material requirements. Also, consider placement that: 1) will make your furnace easy to maintain and service; 2) will allow the warm air to be distributed evenly; and 3) won’t be in the way of employees or other shop equipment.
3. Determine the cost your budget will bear for the purchase of a waste oil furnace.
Consider how much you will be able to pay upfront and what monthly payments your budget can handle if you finance your furnace. Ask a variety of waste oil furnace manufacturers and dealers about available financing plans that can help make your investment more affordable.
4. Research the various choices of brands and models of waste oil furnaces available.
Let the comparison begin! Carefully review the sizes and capacities available, features and functionality, ease of use and maintenance requirements, etcetera. Request brochures and check out manufacturers’ websites. Then…
5. Schedule meetings with representatives from the brands you’re most interested in.
You’ll surely have some questions, so talk with the manufacturers’ reps to get answers. Each should be willing to share details about how their furnaces work, the installation process, service after the sale, costs, anticipated return on investment (ROI), and financing options.
6. Make a decision and move forward.
With all of the above information at your fingertips, it’s time to decide. If a Clean Energy Heating Systems waste oil furnace is your choice (and we feel confident it will be!), you can rest assured you made a very wise decision.
With furnaces in sizes and capacities to meet the needs of businesses large and small, space-saving installation options, state-of-the-art design, flexible financing plans, and attractive ROI, we deliver on our promise of quality, dependability, and long-term savings on your heating costs.
To learn more about our waste oil furnaces, ask a question, or request pricing, contact us today. We look forward to hearing from you!