Most climatic changes are not just the result of human activity, but also of business models that harm the environment. An attempt to attain an ecological balance is an answer to the challenge posed by this situation. The combustion of liquid fuels results in the atmospheric emissions of pollutants, such as nitrogen oxides (NOx), sulfur dioxide and hydrocarbons. To reduce emissions of these pollutants and at the same time attain an ecological balance, specific modifiers are applied. This paper presents an analysis of the energy efficiency and ecological efficiency of fuel oil combustion in power plant boilers based on the results of tests carried out by the present authors, in which a Fe/Mg/Ce modifier was used. The tests were carried out for system capacities ranging from 1 to 5 MW. It was found that savings on fuel, which resulted from the implementation of a system for the control and supervision of power plant operation, were in the range of 4 to 6%, and those resulting from the use of the combustion modifier were from 2 to 4%. Moreover, it was found that the system designed to improve efficiency also provided the extra result of reducing CO2 emission and equivalent emission (SO2, NO2, and particulate matter).