If you have been experiencing high fuel costs, have you considered a new, energy efficient model? Now with more attention on the environmental implications of our HVAC systems and the cost to maintain them, more and more people are considering replacing their old furnaces with more energy efficient models. These can save money on fuel costs over the long run and be far more consistent and effective than old models that drive up fuel costs and require constant furnace repairs in St. Catharines.
Your furnace’s fuel efficiency can make a big difference in your monthly fuel bills. Today, the cost of heating and cooling represents nearly 48% of a home’s energy expenditure. If your current furnace has required consistent repairs in St. Catharines and has neared the end of its life expectancy (between 16 and 20 years) and you are intending on staying in your home, it may make sense to upgrade from your old, inefficient system to a new model that will pay for itself in fuel cost savings.
A furnace installed prior to 1992 is now obsolete. New standards to curb waste and pollution have imposed higher standards on furnaces today. If your oil or gas burning furnace was installed prior to the 1992 standards, you could be spending 30% more in energy costs than with the ones on the market today. Old furnaces are now proven to add up to 4 tons of greenhouse gasses into the atmosphere each year.
Your furnace uses energy to produce heat. The more heat, the more efficient the system. Contemporary manufacturers are producing furnaces that will both burn efficiently and require the minimal about of fuel or electricity to operate. The measurement of a furnace’s efficiency is called its AFUE rating. This represents the conversion rate from fuel to heat. All furnaces produced now are required to label their products with this rating. AFUE ratings can run from an 80% minimum to a 98.5%. Call an HVAC expert in St. Catharines to get a breakdown of new furnace’s efficiency ratings and cost savings variables.
Furnaces are manufactured by a handful of companies, so cost variables tend to come down to efficiency rating, warranties, and comfort. Future AFUE requirements may even become stricter.
When you consider the cost to operate an energy efficient furnace compared to an older, inefficient furnace, the difference is remarkable. Each furnace will be different considering age and maintenance but calculators can be found online.
When considering the cost savings, there are other things to consider. A new furnace will save on electric costs by utilizing more effective fan motors. You will also not have to continually repair your new furnace. If you are considering a new, high efficiency furnace, make sure to contact an HVAC expert in St. Catharines for further information.