Feb 26, 2021

Why Buying a New Furnace Will Save You Money

Heating can often be an issue for most homeowners, with the cost of gas and electricity constantly on the rise, it’s more important than ever to consider the energy efficiency of your home’s heating system. 

The cost of a new furnace can often come as a shock to most people, creating the “I’ll make do” mentality. As a result of this, people will often find themselves becoming stuck in a couple of different ways and finding themselves losing money in the short and long term. We often find that many homeowners wait until their furnace completely dies, which usually happens on the coldest days of the year, before replacing it. This obviously is not recommended, as you could end up without heat for some time as service companies are very busy during the cold snaps.

In this blog, we are going to look at the reasons why you should consider buying a new furnace and what you can save in the long run. Adding in some of the negatives that come as a price of not changing over sooner, rather than later. 

Save On Repair Costs

So, we will start with perhaps the most annoying aspect of owning an old furnace, the repairs. 

We’ve all been there, it’s a cold and stormy night, the snow is falling and suddenly you notice the chill that comes over the house. The furnace has broken again. From here you have three options:

  • Leave it and shiver
  • Try to repair it yourself
  • Call out the repair company

Leave it and shiver – Well, let’s face it, this can’t happen. 

Self-Repair – Most people are not skilled in the fine art of furnace repair. Often trying to fix the machine on your own can result in either zero results or a temporary “improvised” repair, which is not going to hold up the furnace in a safe manner. Not forgetting it can create a worsening of the damage and this isn’t ideal. 

Call the Pros – This is perhaps the wisest option of the three. Calling a qualified technician such as our experts, can result in at the very least a decent fix. Depending on the age and maintenance of your furnace, a repair may last many years, or it may result in it lasting a year or two more until the inevitable happens and your 15-year-old furnace kicks the bucket again.

Repair costs can mount up over time, with the average cost of call-out fees and repairs far exceeding those of a replacement furnace in the long run. It is sometimes wiser to consider swapping the old furnace out for a new one if you find yourself a repeat victim. 

Similarly, should you try and botch the job yourself as an unskilled technician, you run the risk of not only racking up costs associated with parts, but you may also end up calling out the technician anyway. They will then have to correct the original issue along with any further issues you have caused as a result of your “fixing”. 

Energy Efficiency

Old and outdated furnaces are nothing less than money pits, holes in which we throw our money and time with no benefit in the long term. 

Replacing your old furnace can save you a considerable sum in the long run for a couple of reasons. 

Improved efficiency – The cost of running and maintaining a new furnace is considerably lower than that of an old one. The older model will be consuming vast amounts of energy more than the newer, more technologically advanced alternatives. Technology has come a long way from the late ’90s and early 2000s. As a result, it means that companies who produce new furnaces have poured their energy into making environmentally friendlier options for us to heat our homes. 

Older furnaces may also be heating your home unevenly as a result of their inefficient operation and functionality. This means that you can often find yourself turning up the heating in one room due to the heater not being able to keep up with the demand of the household. This leads to an increased strain on the heating system and racking up a substantially higher bill. 

You are investing in a better future – By investing in a newer heating system, you are essentially saving yourself money in the future. These can be repair costs that could be incurred as a result of you not changing out your furnace sooner. Be it for replacement parts or hefty call-out fees that some companies will charge. If you think about it, the newest furnaces on the market have a life span between 15-20 years, which means that you will potentially be without repair costs for another 20 years.

Furthermore, you have to take into consideration the longer-term savings you will make. Investing in technology that has the capability to produce the most amount of heat for the least amount of energy is the ideal solution. In the long term, you will notice a substantial drop in your energy bills, meaning that you have money for more of the things you actually want to spend your money on. Your wallet will thank you.

Environmental Benefits

The environmental effects of switching out your old furnace may not be the first thing that comes to mind when you think out the topic of installing a newer furnace. However, this can have a positive impact on the environment as a whole. 

With the use of efficient heating systems, the overall demand on the use of fossil fuels and power stations is actually decreased. Resulting in creating less pollution and consumption of natural resources. Imagine the benefits if everyone could switch their old furnaces to this new method of heating. 

Essentially, the homeowners who switch to more energy-efficient heating systems will save themselves thousands in the long term. Not only that but also play a crucial role in the fight to reduce the devastating impact that certain types of energy production are having on the environment and the natural world. 

In Conclusion

We have outlined some of the key benefits of changing out your old furnace for a newer, more energy-efficient solution. The costs saved in the long run are substantial, not to mention the positive effects it can have on the environment. 

If you are looking to change your old furnace and are struggling to find the right one, or if you simply need advice as to how to make this change, you can trust the experts at Always Plumbing & Heating to show you the way. Get in touch with us today for a free furnace replacement estimate, before your aging furnace kicks the bucket!