Heating bills are often one of the most expensive costs of owning a home. If you’re using an old furnace to heat your home, buying a new furnace means you can heat your home more efficiently, enjoy a more comfortable indoor climate and reduce energy costs significantly. Here are some tips for deciding if it’s time to replace your old furnace.
A New Furnace Provides Big Cost Savings
Generally, furnace parts begin to fail around 10 to 15 years after installation. When parts wear out, the cost of replacing parts and servicing the furnace start to add up. Buying a new furnace eliminates the need for repair costs and replacement parts. A new furnace also eliminates inconveniences caused by a malfunctioning furnace.
And newer furnace models are often much more energy-efficient than older models. Better energy efficiency means lower utility bills. Plus, newer, energy-efficient furnaces heat your home more quickly and evenly than older furnaces.
How Much Money Can a New Furnace Save?
Heating technology has advanced incredibly over the past decade, boosting efficiency levels and reducing operating costs. Older furnaces operate at a 60 to 70 percent efficiency level. That means 30 to 40 percent of the energy you’re paying for is going right out the window.
The newest, high-quality furnaces operate at 94 to 97 percent efficiency, saving you a whopping 30 to 40 cents per dollar in energy costs. If you’re buying a new furnace, make sure it has an AFUE (Annual Fuel Utilization Efficiency) rating of at least 94 percent to maximize efficiency and energy cost savings.
New furnaces are designed to operate effectively for up to 25 years, ensuring you won’t pay replacement costs for the next two decades or more.
Is it Time to Purchase a New Furnace?
If your furnace is more than 10 years old, has required replacement parts or increased servicing, or has malfunctioned, it may be time to think about buying a new furnace. The federal government provides significant tax credits of up to $500 for replacing your old furnace with an energy-efficient model that is more environmentally friendly than older, less efficient models. These tax credits provide even more cost savings when purchasing a new, more efficient furnace.
Our team combines the latest cutting-edge equipment and energy-efficient solutions for new and existing systems with a highly personalized and friendly approach. Our employees are carefully selected for their experience and courtesy. We take care of our customers as much as possible — including buying directly from the manufacturers to pass along savings.
As a locally owned and operated HVAC contractor, we strive to bring the best quality heating and cooling services in the area. Our HVAC technicians are fully trained to equipped to handle any repairs or installations. Whether you need a furnace inspection or you need an air conditioning unit replacement, you've come to the right place. Don't wait; call
Action Heating & Air Inc