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Furnace Replacement: 3 Things You Should Know

Winter is coming, and it’s approaching fast! If your furnace has been getting on for years, it could fail you when you need it most. You can’t put it off any longer.

You need to get yourself a new furnace. But this is just not any furnace. You need to get yourself one that will meet your home’s needs and be a reliable piece of equipment for years to come.

Replacing your furnace is an important job, but we’re here to make the process as simple and easy for you as possible.

Here are the three most important things you need to know about furnace replacement today.

1. Signs That You Need a New Furnace

If you think your furnace may be on its last legs, you’re probably wondering what signs you should be looking for. Below are the most telling indications that you should watch out for:

Lower Efficiency

If your energy bill is racking up and you can’t find any other culprit – and you know that your furnace is at least a decade and a half old – then you have every reason to suspect it’s responsible.

Not only will a new furnace allow you to save on electricity costs, but it will also be much friendlier to the environment.

Too Frequent Repairs

If your furnace needs frequent repairs or is becoming unreliable, it may be time to start shopping for a replacement. Investing in a new unit can also save you money on furnace repairs.

Safety Issues

Even if your furnace is still working, it is probably time for an upgrade if it is more than 20 years old. Older furnaces may not meet current safety standards and could pose a risk to your family.

2. The Cost of Replacing a Furnace

Your furnace replacement cost can range from $2,000 to $5,000. Installation costs can also vary depending on the type of furnace you choose and the size of your home.

However, you can expect to pay anywhere from $500 to $1,500 for installation. Note that you may be eligible for a tax credit if you replace your old furnace with a new, more energy-efficient model.

Click here if you plan to buy a new furnace.

3. Other Factors To Consider When Buying a New Furnace

When you are in the market for a new furnace, there are a few things you should keep in mind. These include:

Warranty 

Check your warranty and service agreement. If your furnace is still under warranty, you may be able to get a replacement at no cost to you.

Installation Costs

Many companies will offer free installation with the purchase of the unit, so be sure to compare prices before making your final decision.

Size

Choose the right-sized furnace for your home. If it’s too large, it will waste energy and money; if it’s too small, it won’t be able to keep your home warm enough.

Annual Servicing

Be sure to have your new furnace serviced annually to keep it running properly and avoid future repair costs.

Be Smart With Your Furnace Replacement

If your furnace has been around a while or has begun to pose problems with its function or energy consumption, you need to heed the signs. Whenever you feel like a furnace replacement is in order, go ahead.

If you’re unsure, you can always ask an HVAC expert for their opinion. Most will be happy to give you their professional two cents.

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