Abstract: A heat recovery system for recovering waste heat from exhaust gases that are expelled through a flue that are generated as a byproduct from a heating system, comprises a venting arrangement that connects to the flue from the heating system and a motorized damper to direct the exhaust gases from the flue through the venting arrangement to an intake plenum. The intake plenum directs the exhaust gases to a heat exchanger that comprising a series of serpentine conduits between which the exhaust gases pass through. The heat exchanger is connected to exhaust plenum which is in turn connected to an exhaust fan that draws the exhaust gasses through the heat recovery system. The heat exchanger further comprises a series of inlet ports and outlet ports that add and remove coolant to the serpentine conduits at selected temperatures.