You might be surprised to learn that modern furnaces are much more efficient and effective than the older one you probably own now. But how much more so?
Believe it or not, new furnaces have efficiency rates as high as 98.5%. That’s a whopping improvement over the average efficiency rates of 56% to 70% of older furnaces. Just because they work better, though, doesn’t mean you should throw out one that’s serving you well.
So, how do you know when it’s time to get a new furnace? There are a few signs to look out for that isn’t just your house being cold because your furnace isn’t working. Read on to learn what they are.
High Utility Bills
One of the biggest signs that you have an old furnace that’s in need of replacing is that you’re utility bills have gotten higher. This is because as your furnace ages and stops working as well, it will require more energy to produce the same output. More energy use means higher electric bills.
So, if your bills have suddenly become more expensive, it’s time to look into getting a new furnace.
You’re Experiencing Strange Smells and Sounds
Most people don’t hang around right in front of their furnaces, and it makes sense. Even so, if your furnace is getting old, it’s a good idea to go stand or sit by it on occasion to check for strange sounds or smells.
If you hear anything odd, from screeching and grinding to banging sounds, your furnace might need servicing. If you notice any strange smells like mustiness, then it’s also good to get it looked at. A musty smell may be normal if you’ve just turned it on but not if it’s sticking around for days.
Your Furnace Is Old
Last but certainly not least, age can be a very clear indicator of an old furnace that needs to go. Everything has a lifespan, after all.
For a furnace, you’re looking at a lifespan of about 15 to 20 years. Even so, once you get to the 15-year mark, it might be worth the new furnace cost to replace it. This is because it will likely give you trouble or not work as well for that time, raising your bills.
If you choose to hold out, at least be sure to keep an extra eye on it once it reaches 15 years.
How to Pay for a New Furnace
So, how much does a new furnace cost?
If these traits describe your furnace, and it’s time for a replacement, you’re looking at about a $5,000 payment. This includes the new furnace cost of replacement and installation. It is recommended that you get a professional, like those at fischerheating.com, to install it so you get it done right.
Regardless, a professional will be sure to give you a quote to match your needs.
Invest in a New Furnace Today
If your home is feeling a little chiller than usual, or your bills are suspiciously high, it’s worth getting your furnace looked at stat. Not only will a new furnace save you money by being more efficient, but it will help you live a more comfortable lifestyle.
If you found this article helpful, be sure to check out our blog for more tips and advice.