I'm getting ready to have my broken fuel oil boiler replaced. I was leaning towards LP but am now seriously considering electric. The rates in my area are $2.39 per gallon for LP and $.075 per kw/h for electric. If the boiler wasn't broken, I would consider running both oil and electric to get the dual fuel electric rate of $.0375 per kw/h. Just to be safe, I'm estimating that electricity costs may go up to $.09 in an upcoming rate increase planned for next spring. Even at that rate, though, electric appears to be less expensive than LP. Natural gas in not available to me (yet... it's less than a mile away though).
Does anyone have experience with Electro Industries? They're made in MN, so I like that since I'm a MN native.
Would it make sense to plumb and prep for dual fuel now but only have electric? Then, as electric rates climb I can drop in an inexpensive fuel oil boiler later to qualify for the lower rate?