I live in a 1940s vintage house that has proven quite expensive to heat during winter, and as energy prices continue to rise this trend is likely to continue. So I’m willing to invest a few bucks to make my house cheaper to heat, on the assumption that this investment will pay for itself in some reasonably small number of years.
There are two obvious things I could do. First, replace the windows. My windows are old, single pane units, and the upper sashes on many of them are loose and refuse to stay put. Newer windows fit better and are better insulated, and of course as a side benefit will make my house look nicer.
The second option is to replace my furnace. My house has radiant heat provided by and oil furnace. To say my furnace is old would be an understatment. People look at my furnace, scratch their heads, and say things like “wow, ain’t never seen one of those outside of a textbook.” It may be original to the house. The house has a natural gas line, and a newer furnace would surely be more efficient, not to mention getting the 250 gallon tank out of my basement and never running dry.
Is there any way to make a quantitative assesment of which of these (or perhaps some other that I havn’t thought of) investments will yield a greater return in energy savings? I can (an will) of course, turn down the thermostat, but since I have small children at home the house is occupied pretty much 24/7, and radiant heating systems don’t lend themselves to digital controlers and daily temperature variations.
Any and all advice and/or suggestions would be greatly appreciated.