We all know how frustrating it can be to feel as if you’re spending too much money on utility bills due to inefficient appliances or heating and cooling systems. When it comes time to replace something as significant as a furnace, it’s natural to wonder if what you’re investing in is truly worth it for your home. Depending on your situation, replacing your furnace can absolutely be a lifesaver for not just your comfort but also your financial stability.
Saving on repair costs
The immediate benefit of replacing your furnace is not having to repair it over and over again. Experts say that most furnaces last anywhere from 10 to 20 years. If yours is within that gap, and you find yourself paying for repairs, continuously repairing it can end up costing you just as much as replacing it when you also factor in the increase in utility costs each month.
Cheaper Utility Bills
Because of how far technology has come over the past decade, modern-day furnaces are much more capable of effectively heating your home than ever before. Today’s furnaces are capable of approximately 95% efficiency, which basically means the heat you pay for is actually spreading around the house properly to keep you and your family comfortable. That’s certainly worth an investment if it keeps costs low from month to month.
Lastly, a new furnace can greatly add to its longevity. Not only will you not need to repair it immediately, but new technology has also made modern furnaces to last over 20 years. If you’re planning to reside in your home for the long term, then investing in a new furnace when it’s time can make your time spent at home much more worth it.
How to Figure Out what You Need
Ultimately, you should consult a professional furnace inspector before making a final decision; however, there are some simple tips to keep in mind when choosing a new furnace. First, you want to keep in mind the temperature climate in which you live. If you live in a place that experiences severe winters, then you’ll need a furnace that can adequately combat the harsh temperatures and last as long as possible. Secondly, you’ll need to consider how often you use the furnace in the first place. Thirdly, you should check what is called the AFUE, or Annual Fuel Utilization Efficiency, rating to see which furnace will serve your needs most.
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