The short answer… a lot!
Keep reading to see how your used oil can eliminate your energy bills and help your bottom line, all while having a positive impact on the environment.
Used motor oil is an inescapable byproduct of the transportation and automotive industry. As it accumulates, proper collection, storage, and disposal of waste oil can be time consuming and expensive. Depending on ups and downs in the price of crude oil, used-oil collectors may buy the stuff from car-repair shops and auto-parts stores so that it can be re-refined into a fresh supply of lubricants, but increasingly, collectors charge customers to remove their waste oil. Yet used oil still contains valuable energy that can be used to produce the heat necessary to keep your facility comfortable and productive. Why pay someone to remove your waste oil just to turn around and buy natural gas, electricity, or propane to heat you building. Even if collectors are paying for your used oil, it’s rarely enough to cover your heating-fuel expenses.
Let’s change all that with a waste-oil heater or boiler. These machines have come a long way from their humble beginnings of DIY drip fires and fuel-soaked rags. The most-advanced modern waste-oil heaters and boilers require minimal maintenance and ZERO adjustments.
While re-refining used oil allows for the repeated recycling of some of it , the process involves a complex network of collection logistics and does not directly pass the value to the generators of waste oil (especially if they are having to pay for removal). The system does not give businesses an incentive to responsibly manage their used oil, and many of them dispose of it improperly, or even dump it, contaminating soil and groundwater. These same businesses are likely paying heating bills that could be offset or eliminated by recycling that waste oil for heat. In fact, on-site recycling of used oil for heat reduces the chances of unintentional oil spills while reducing road miles of collection trucks and offsetting the demand for other heating fuels. All of this adds up to a very green solution for waste oil.
But let’s get to the dollar values…
One gallon of used oil contains a similar amount of available energy as a gallon Diesel / #2 heating oil (approximately 140 kBTU/gallon or 41 kWhr). That’s almost one-and-a-half therms of natural gas. And even with a slight efficiency disadvantage (75-80% used oil compared to 85-90% gas, 99% electric) waste oil heaters and boilers can make your used oil worth anywhere from $1.25 to more than $6.00 per gallon based on U.S. heating fuel and energy prices, depending on the fuel source it is replacing. One gallon of waste oil is enough to heat about 3,500 square feet of conditioned space with 16-foot ceilings for an hour, so it’s easy to see how these savings can add up to many thousands of dollars in just the first season of operation. A waste oil heater or boiler can pay for itself many times over across its lifetime.
Ready to switch to waste-oil heating? Contact the experts at EnergyLogic to get started with your custom solution and start saving money and the planet! And with special financing available, you could make the switch today and see immediate savings.
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