Will A New Oil Furnace Save Me Money

Still there are a few things to consider before committing to a furnace upgrade.

Will a new oil furnace save me money.

Home improvements that pay if increasing the value of your home is your top priority a new furnace. Investing in a new energy efficient furnace may save money in the long run especially with increasing fuel costs. Older furnaces were usually oversized so that the house was always warm enough. Many new furnaces have advanced features that optimize efficiency and heat output.

Includes examples of savings in different climates features that make gas and. Understand the efficiency math. A new furnace will save you money in heating. 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.

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. Use the average furnace replacement costs below to help give you a better understanding of the pricing. Then again it may not. On paper high efficiency furnaces seem like a good investment both in terms of energy bills and the environment.

Compare new oil furnace prices repair installation cost. 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. Prices will vary based on city cost of living brand efficiency warranties included and more. We will never send out a sales rep dressed as a service tech like other companies do.

Some furnaces are more expensive to install but can reduce long term costs. But new higher efficiency furnaces can have a lower btu rating and still put out the same amount of heat. First of all high efficiency furnaces can have a higher price tag than standard models. Today s standard furnace is about 80 efficient meaning 20 percent of the fuel energy goes up the chimney.

Fox news reports that a new furnace costs between 5 000 and 8 000 installed as of may 2012. 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. 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. The higher cost can lead homeowners to either opt for a less efficient but cheaper replacement or to stay.

However figuring out a new furnace cost can be tricky. A high efficiency furnace can save you money.