Will A New Oil Furnace Save Me Money

A high efficiency furnace can save you money.

Will a new oil furnace save me money.

We will never send out a sales rep dressed as a service tech like other companies do. Still there are a few things to consider before committing to a furnace upgrade. Investing in a new energy efficient furnace may save money in the long run especially with increasing fuel costs. When you need to repair a furnace no matter what brand or need a new one there is only one name you need to know godby.

Understand the efficiency math. The higher cost can lead homeowners to either opt for a less efficient but cheaper replacement or to stay. Then again it may not. Choosing a furnace with warranty options can save you money on repairs and replacement parts.

But you can get furnaces all the way up to 98 5 efficient which is listed on the product information as the afue annual fuel utilization efficiency rating. A new furnace will save you money in heating. Many new furnaces have advanced features that optimize efficiency and heat output. But new higher efficiency furnaces can have a lower btu rating and still put out the same amount of heat.

For example a new 94 percent efficient furnace that is rated at 80 000 btu puts out as much heat as an old 75 percent efficient 100 000 btu furnace. Prices will vary based on city cost of living brand efficiency warranties included and more. Compare new oil furnace prices repair installation cost. While the top of the line furnaces may boast an annual fuel utilization efficiency afue of 96 percent losing only 4 percent of its energy factors can come into play to greatly decrease their efficiency.

Home improvements that pay if increasing the value of your home is your top priority a new furnace. A new furnace can save you money and heat your home more efficiently. Today s standard furnace is about 80 efficient meaning 20 percent of the fuel energy goes up the chimney. Includes examples of savings in different climates features that make gas and.

First of all high efficiency furnaces can have a higher price tag than standard models. Use the average furnace replacement costs below to help give you a better understanding of the pricing. In some areas of the country home heating oil is much more common that natural gas making oil furnaces more popular than gas furnaces for nothing more than the. Fox news reports that a new furnace costs between 5 000 and 8 000 installed as of may 2012.

On paper high efficiency furnaces seem like a good investment both in terms of energy bills and the environment. Oil furnaces have been heating homes throughout the usa just as long or longer than any other type of forced air furnace.