Will A New Oil Furnace Save Me Money

Still there are a few things to consider before committing to a furnace upgrade.

Will a new oil furnace save me money.

We will never send out a sales rep dressed as a service tech like other companies do. Oil furnaces have been heating homes throughout the usa just as long or longer than any other type of forced air furnace. Today s standard furnace is about 80 efficient meaning 20 percent of the fuel energy goes up the chimney. On paper high efficiency furnaces seem like a good investment both in terms of energy bills and the environment.

Compare new oil furnace prices repair installation cost. Investing in a new energy efficient furnace may save money in the long run especially with increasing fuel costs. A new furnace will save you money in heating. First of all high efficiency furnaces can have a higher price tag than standard models.

A high efficiency furnace can save you money. Older furnaces were usually oversized so that the house was always warm enough. Prices will vary based on city cost of living brand efficiency warranties included and more. Many new furnaces have advanced features that optimize efficiency and heat output.

Some furnaces are more expensive to install but can reduce long term costs. Use the average furnace replacement costs below to help give you a better understanding of the pricing. 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. Fox news reports that a new furnace costs between 5 000 and 8 000 installed as of may 2012.

Understand the efficiency math. But new higher efficiency furnaces can have a lower btu rating and still put out the same amount of heat. 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. The higher cost can lead homeowners to either opt for a less efficient but cheaper replacement or to stay.

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. 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. However figuring out a new furnace cost can be tricky. Then again it may not.

While the top of the line furnaces may boast an annual fuel utilization efficiency afue of 96 percent losing only 4 percent of its energy factors can come into play to greatly decrease their efficiency. A new furnace can save you money and heat your home more efficiently.