Letter of Intent for the limited purposes of acknowledging and agreeing to the provisions regarding the. acceptance, deposit, and disbursement of the Letter Deposit, and otherwise agreeing to perform its obliga-. tions hereunder in accordance with the provisions of this Letter of Intent.
1 Expect to pay about $6-$16 a square foot for a professionally installed hydronic (hot water) radiant floor heating system, or $9,000-$22,500 or more for a 1,500 square foot home, depending on local rates, the number of temperature zones and the overall size of the system.
Conventional House. Letâs start with your conventional house heated with an oil-fired central heating system. The average annual heating cost is $2,491! 1  The average New England home uses 855 gallons of oil a year for heat.# 2 2 Heating Oil has a net heating value of 115,000 BTUs per gallon, and generates 98.3 M BTUs.3  In 2010, the average price of a gallon of heating oil was $2.91.he average annual heating cost is $2,491! 1  The average New England home uses 855 gallons of oil a year for heat. # 2 2 Heating Oil has a net heating value of 115,000 BTUs per gallon, and generates 98.3 M BTUs.