During the cold season, an old, inefficient, or problematic furnace means a whole 3 months of frustration and uncomfortable living, perhaps freezing at times. When the winter season approaches and you’ve discovered that your heating equipment is somewhat old, malfunctioned, or unreliable, your best option is to think of furnace replacement if repairs can’t quite fix the issue. But what are some of the factor to bear in mind before you make this big move? Below are the top 5 things to consider when thinking of furnace replacement.
1. Furnace Size
This is another highly important factor to consider when thinking of furnace replacement. Before making the decision, it is important to think about the sight furnace size that will suit your home, running effectively without compromise on efficiency and comfort. The equipment shouldn’t be too big for your home; neither should it be too small. When it’s too big, you are more likely to experience a problem known as the rapid cycle, where the heating component frequently turns on and off. In such a case, the furnace will heat your home inconsistently. When too small, it may not be able to effectively distribute air throughout your home, and in case it does, it will most likely be inefficient and more prone to common furnace problems.
2. The Fuel Source
There are several options when choosing a replacement furnace according to the fuel type. Some of the most common types include natural gas furnace, propane furnace, oil furnace and electric furnace. Gas furnaces are considered the most economical, especially the high-efficiency gas furnace. Electric furnaces are quite reliable when it comes to efficiency but are also considered costly in terms of utility bills. On the other hand, oil furnaces and propane furnaces are a powerful option to heat up your home but are considered expensive due to the high price of oil, which they use as running fuel. Oil furnaces are also less environmentally friendly and may require more storage room in comparison to the other options according to Angie’s List contributor, Marion J. Lougheed.
3. Furnace Installation Cost and Financing
When thinking of furnace replacement, you will obviously have to budget for its installation. In most cases, furnace pricing will be dependent on factors such as furnace type, brand, size, and where you buy it from. The installation costs will obviously depend on the HVAC Company you choose to work with and how much they charge for labor as well as the price of the equipment required. Installation costs may also vary depending on whether other features such as ductwork and venting will be required. If your ductwork needs repairs, installation or replacement, furnace replacement will obviously cost more. In simpler terms, it will also depend on the complexity of the project. Some of the best HVAC installation and repair companies usually partner with financing institutions to provide affordable and zero-interest financing solutions for furnace replacement, installation, and major repairs.
4. Furnace Price vs. Efficiency
These two factors go hand in hand when it comes to HVAC systems. However, efficiency is mostly the winner when it comes to choosing a furnace for your home. Of course, there are so many factors surrounding price, some of which have been discussed above. In most cases, however, a more efficient furnace will almost always lead to lower maintenance and operating costs. In other words, investing in an efficient furnace will save you a lot in terms of recurrent utility bills. When looking for the most economical furnace replacement solution a high-efficiency gas furnace would be one of the most recommendable options to consider.
5. Choose a Good HVAC Company
How long and how well the new furnace serves you, will be determined by the furnace replacement service provider you choose. A good furnace installation company will have your comfort, safety, and satisfaction in mind when installing your new furnace. The cost of installation, future support, will also be dependent on this choice so take the time to research well before hiring a furnace replacement contractor or company in your area.