LOCAL REALTOR ACHIEVES NATIONAL ASSOCIATON OF REALTORS
GREEN DESIGNATION
May 2011

As an NAR Green Designee, Ms. Snell has gained the knowledge and the tools necessary to become a trusted green resource for Leominster and Central Massachusetts. For more information about Sandra Snell, please visit realtyology.com or email ssnell@realtyology.com.

 

Fitchburg-Leominster Metro Area

(Courtesy of N. Central Mass. Economic Development Council)

If you're looking for the least expensive urban area in the United States , you should go to Pryor Creek, Oklahoma. The most expensive urban area to live is New York ( Manhattan), New York. But if you're planning on living in any urban area in New England, than the Fitchburg-Leominster Metro is the place to be!

So says the Council for Community and Economic Research (C2ER) in the latest ACCRA Cost of Living Index (COLI) which measures regional differences in the cost of consumer goods and services in the United States. Each quarter, C2ER collects more than 50,000 prices form communities across the nation for the COLI.

According to the first quarter data for 2009, the Fitchburg-Leominster Metro Area is the least expensive urban area in New England! With the national average for the 309 urban areas reporting on the cost of living index being 100, the Fitchburg-Leominster area came in at 103.1; New York (Manhattan), New York at 219.3; and Pryor Creek, Oklahoma at 83.1.

The cost of living composite index is based on six components: housing; utilities; grocery items; transportation; health care; and miscellaneous goods and services.

With only 3.1 points over the national average, our region has the least expensive urban area (Fitchburg-Leominster) to live in New England.

Urban Cost of Living Composite Index for New England Regions (1st Quarter 2009) Ranked from most affordable to least affordable.

1. Fitchburg/Leominster, MA 103.1
2. Pittsfield, MA 103.8 3. Portland, ME 114.1 4. New London, CT 116.4
5. Nashua, N.H. 116.5
6. Providence, R.I. 116.5
7. New Haven, CT 118.2
8. Hartford, CT 119.2.
9. Burlington, VT 120.0
10. Boston, MA 129.5

To see how any other market region in the U.S. compares to our region, go to www.ncmedc.com and click on the "Cost of Living Calculator". You will see why our logo proudly proclaims that North Central is "Mass Made Affordable".

 

IMPORTANT INFORMATION!!
"Homeowner Oil Heating System Upgrade and Insurance Law"
(A Courtesy of Peter & Kim McDonald obtained from MAR)

The effective date of the new state Homeowner Oil Heating System Upgrade and Insurance Law (installation of an oil line sleeve or oil safety valve) has been delayed until Sept. 30, 2011. The new law, originally set to become effective July 1, 2010, has been delayed and will become effective on Sept. 30, 2011, giving homeowners fifteen additional months to comply,

Introduction - This fact sheet contains important information for those who heat their homes with oil. By September 30, 2011, you must upgrade your home heating system equipment to prevent leaks from tanks and pipes that connect to your furnace. By making a relatively small expenditure now, you can prevent a much greater expense in the future.

Massachusetts has a new law to address oil leaks from home heating systems (Chapter 453 of the Acts of 2008, as most recently amended in 2010). This law has two major provisions that require:

1. The installation of either an oil safety valve or an oil supply line with protective sleeve on systems that do not currently have these devices; and
2. Insurance companies that write homeowner policies to offer coverage for leaks from heating systems that use oil.

Most homeowner policies do not currently include such coverage, leaving many to pay for costly cleanups out of their own pocket. Although it is mandatory that insurance companiesmake this coverage available by July 1, 2010 to homeowners whose systems are upgraded, the insurance is an optional purchase.

Who must take action?
- Owners of 1-to 4-unit residences that are heated with oil must already have or install an oil safety valve or an oil supply line with a protective sleeve, as shown in the diagram above. Installation of these devices must be performed by a licensed oil burner technician. Technicians are employed by companies that deliver home heating oil or are self-employed. It is important to note that heating oil systems installed on or after January 1, 1990 most likely are already in compliance because state fire codes implemented these requirements on new installations at that time.

Who is exempt?
- Homeowners are exempt from taking these leak prevention steps if:
· The oil burner is located above the oil storage tank and the entire oil supply line is connected to and above the top of the tank OR
· An oil safety valve or oil supply line with protective sleeve was installed on or after January 1, 1990, AND
· Those changes are in compliance with the oil burning equipment regulations; a copy of the oil burner permit from the local fire department may be used to demonstrate compliance.

Why comply?
- Not only is complying with the new law required, it makes good financial and environmental sense. Homeowners who take these preventive measures can avoid the disruption and expense that can be caused by heating oil leaks. A leak may result in exposure to petroleum vapors in your home. If the leak reaches the soil or groundwater beneath your house, then a cleanup must be performed to restore your property to state environmental standards. Leaks that affect another property or impact drinking water supply wells can complicate the cleanup and increase the expense. Each year, several hundred Massachusetts families experience some kind of leak.

What will an upgrade cost? - The typical cost of installing either an oil safety valve or oil supply line with a protective sleeve ranges from $150 - $350 (including labor, parts, and local permit fees).
For those households that meet certain income criteria, financial assistance of up to $300 is available through the Low Income Home Energy Assistance Program (LIHEAP). For more information on financial assistance, see the Department of Housing and Community Development Web site at http://mass.gov/dhcd or call them at 1-800-632-8175.

What could it cost to clean up a leak?
- The cleanup cost for a "simple" leak can be as much as $15,000. In cases where the leak impacts the groundwater or is more extensive, the cleanup costs can reach $250,000 or more.

What kind of insurance is available?
- To be eligible for the new insurance coverage, homeowners must ensure that their oil heating systems are in compliance with the new law. Homeowners who have been certified to be in compliance with (or exempt from) the leak prevention measures qualify to purchase insurance that:

· Provides "first party coverage" of at least $50,000 for the cost of cleaning up a leak to soil, indoor air, or other environmental media from a home heating system at the residence itself and reimbursement for personal property damage.

· Provides "third party coverage" of at least $200,000 for the cost of dealing with conditions on and off the insured's property because the leak from this system has or is likely to impact groundwater or someone else's property. The coverage also includes costs incurred for legal defense, subject to a deductible not to exceed $1,000 per claim.

What should I do next?
- Determine whether you have had an oil safety valve or new oil supply line with protective sleeve installed since January 1, 1990. If you have, your permit from the fire department for the installation can be used to document your compliance. You can request a copy from the fire department if the permit is on file, or a licensed oil burner technician can certify that status on a form.

· If you do not have an oil safety valve or oil supply line with protective sleeve in place, have one or the other installed and certified. Either contact your oil delivery company to ask if they employ a licensed oil burner technician, or find a service person in your area. (A list of licensed technicians can be viewed at http://db.state.ma.us/dps/licenseelist.asp. Click on the "individuals" tab, scroll down to and then select "Oil Burner - Technical Certificate" in the "select a license type" box, type in your city or zip code, and click "select").
- Consider buying insurance coverage for the cleanup of a leak.
- Determine whether your existing policy provides oil leak coverage.
- If it does not, consider calling your homeowner insurance agent to amend the policy to include this coverage.

Department of Fire Services Forms
MA Department of Fire Services Forms for use by Licensed Oil Burner Technicians to document compliance of oil heating system upgrades may be found at: OSFM Forms Web Site