Three Major Factors to Consider Before Replacement
A furnace break down in the midst of winter is a full-fledged disaster. But unless you’re an HVAC expert, it can be tricky to know when it’s the right time to say goodbye to your old furnace and upgrade to a new one. There are 3 major factors you should consider before pulling the trigger:
- Your furnace’s efficiency
- The cost of your furnace’s fuel
- The heating load of your house (The amount of energy required to maintain a steady 65 degree temperature).
As anyone with a utility bill can attest, fuel costs are sky high these days. Generally, gas is more reasonably priced, so it’s good advice to ignore oil or electric furnace options if the new furnace install is the way you’re going to go.
If your furnace is even just a few years old, it’s a safe bet that it’s already pretty inefficient compared to the energy saving, high AFUE rated furnaces available today. If your furnace is old and worn out, this is kind of a no-brainer – purchase a more efficient model and you’ll see your utility bills shrink while your in-home comfort climbs.
Say you upgraded your furnace to one with a 97% AFUE. The energy efficiency of such a unit could cut your heating bills up to 20%. It’s pretty simple to see if it’s worth spending the money on a furnace upgrade—just add up the fuel bills for last winter then multiply that number by 20%. Then divide that number into the cost of purchasing and installing the new system and you’ll be able to determine how many years it will take to see a return on your investment.
Keep in mind, the bigger your home the longer it could take to get back a return on your investment. But don’t let that an extended length of time discourage you. There are no drawbacks to replacing your current furnace. A modern unit can offer you an unparalleled level of comfort and keep you and your family toasty warm all winter long.
For more information on furnace replacement, call Roy’s Plumbing, Heating, & Cooling today!