With the cold winter months approaching, wouldn’t it be nice to replace that old waste of money in your basement called the Oil Boiler. Oil Boilers have gotten a bad reputation over the year as an expensive way to heat your home. A good energy efficient oil boiler would be a great way to heat your home and save money on your home heating needs. Starting in October you will be able to purchase an Energy Star rated Oil Boiler and receive a rebate from anywhere from $ 50 to $ 200.

You can receive cash for purchasing a new oil boiler under the guidelines from the stimulus package signed by President Obama. In this program consumers will be able to buy a brand new energy efficient oil boiler, which is designed to help you save money on your home heating costs. This program is called Cash For Appliances. Unlike Cash for Clunkers you do not have to trade in your old oil boiler, you can dispose of it any way you would like.

Energy Star Oil Boilers are eligible from the stimulus in Oct 2009 and will run through February 2012. Each customer when they purchase an oil boiler will receive a rebate in the amount to be determined. It could be $ 50 or as much as $ 200. Each state will be getting their own allotment via the stimulus package. So the numbers on how much per appliance has yet to be determined.

Before choosing an Energy Star Oil Boiler you should look for an electronic ignition. These oil boilers have all new combustion systems that bring in more heat from the same amount of oil. You should not be looking at a new oil boiler if you don’t need it. The rebate is only good when you buy a new oil boiler. There are no big surprises or any monetary windfalls to be made.

This program is designed as a Cash for Appliances system, where the money is coming from the stimulus to help the economy with sales but consumers will be saving themselves a lot of money this winter with a new oil boiler. Energy Star rated boiler are the best since they save money and reduce emissions.

These oil boilers are safe and very efficient. You can choose from Weil McClain, Buderus and Peerless just to name a few. You don’t have to go to a specialty store either; you can purchase them in your local appliance store, Lowe’s or Home Depot locations.