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Yes you can do that. I had an oil fired furnace that also heated the hot water in a coil inside the furnace. I got an electric hot water heater and had a plumber disconnect the coil in the furnace and hook up the electric hot water heater. No problems after four years.

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15y ago
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Q: Can you turn off water to oil furnace and use an electric water heater in its placethe furnace supplies hot water and baseboard heatbut i have a pellet stove to heat the houseso i would like to use?
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