Is a New Furnace or Boiler really worth the expense?
Is a New Furnace or Boiler really worth the expense
?
Replacing a furnace can be an expensive proposition. Because of this, people will often wait until they have no other option but to change their heating system. They may wait until their heating system has failed utterly before taking steps to replace it. Here are some factors you may want to consider when deciding whether replacing your furnace is worthwhile.
How old your existing furnace or boiler is
You need to take into account the age of your existing furnace. Depending on the make and model, a furnace can last for approximately twenty to twenty-five years before it needs to be replaced. As it ages, it becomes less and less energy efficient. This means that it will take more fuel to heat a home. Parts may break down, especially if the furnace has not been properly maintained. This can shorten the lifespan of the unit and may cause it to be even more inefficient.
If you are dealing with a system that is nearing its expected lifespan you may also notice that there are routine issues that begin to pop up. In order to maintain top efficiency, items such as burners or fans may need replacing. This can add up after some time.
What the cost of a new system would be
It is important to consider the cost of a new heating system when determining whether it is the right time to purchase one. There are certain times of the year when it may be possible to save money on a new heating system and you may want to decide whether or not any savings will make the purchase of a new heating system more appealing.
Depending on the type of system you get, there may also be governmental programs that offer rebates on the purchase of an energy efficient system. These may or may not factor into whether or not a new heating system is a good idea or not.
A new furnace can pay for itself
A new heating system can actually pay for itself in time. Over time you will save money on the cost of your heating bills and this will eventually recoup the cost of your system. If you plan to sell your home shortly after installing your system, a new furnace or boiler can increase the value of your home and may just be what you need in order to get your full asking price.
Only you will know whether a new heating system is right for your home. By choosing energy efficient heating systems you can benefit both your bank account and the planet at the same time.