Will A New Oil Furnace Save Me Money

Includes examples of savings in different climates features that make gas and.

Will a new oil furnace save me money.

Oil furnaces have been heating homes throughout the usa just as long or longer than any other type of forced air furnace. Understand the efficiency math. A high efficiency furnace can save you money. Home improvements that pay if increasing the value of your home is your top priority a new furnace.

On paper high efficiency furnaces seem like a good investment both in terms of energy bills and the environment. 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. Compare new oil furnace prices repair installation cost. Today s standard furnace is about 80 efficient meaning 20 percent of the fuel energy goes up the chimney.

A new furnace can save you money and heat your home more efficiently. 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. Some furnaces are more expensive to install but can reduce long term costs. 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. Then again it may not. We will never send out a sales rep dressed as a service tech like other companies do. 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. Fox news reports that a new furnace costs between 5 000 and 8 000 installed as of may 2012. Many new furnaces have advanced features that optimize efficiency and heat output. Use the average furnace replacement costs below to help give you a better understanding of the pricing.

Older furnaces were usually oversized so that the house was always warm enough. A new furnace will save you money in heating. 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. First of all high efficiency furnaces can have a higher price tag than standard models.

However figuring out a new furnace cost can be tricky. But new higher efficiency furnaces can have a lower btu rating and still put out the same amount of heat.