Is it time to replace your furnace?
JANUARY 24, 2018
If you are not a furnace expert, how can you know if your furnace needs to be updated? Read this to find out.
No matter how well you have maintained your system, your furnace might still be reaching the end of its lifespan. Here are some signs that your older equipment might need replacing:
Your energy bills are increasing
Although it might seem uneconomical to replace your equipment before it fails, a furnace replacement could actually save you money. Older, “conventional” burning furnaces and mid-efficient models were manufactured to operate at 60% to 80% efficiency, respectively, meaning about 20 to 40 cents of every dollar you spend heating your home goes right up the chimney. A new high efficiency furnace operates at well over 90 percent, meaning less than 10 cents is wasted. Inefficient furnaces use more energy, which might be one of the reasons your energy bills are increasing.
Your furnace is the wrong size for your home
Your home’s square footage, the age of the home, the number and location of windows and the number of people living in the home will all affect what size furnace your home needs. An older furnace might not be properly sized for your home. Improperly sized furnaces can make your home excessively dry, cause excess electrical and gas consumption and could possibly contribute to your furnace wearing out prematurely.
Equipment needs frequent repairs
If you have a furnace repair company on speed dial, it might be worthwhile to invest in a new unit. Furnace repairs can be expensive and it might be more cost-effective to purchase a new furnace instead of feeding money into your old one. If you have an older unit, repairs are a temporary fix until your equipment inevitably breaks down for good.
Some other signs that your furnace might need replacing:
- Your cooling or heating equipment seems less effective and some rooms won’t warm up or cool down
- Your equipment runs for very short periods of time and comes on more frequently
- Your furnace is very noisy
Instead of trying to get one more year out of that old conventional or mid-efficiency furnace before it breaks down, consider replacing it now to enjoy the energy savings sooner.