In part one of this two-part blog series, we went over some of the primary factors that will play a role in the price of a new furnace. Furnaces wear down for several reasons, from wear-and-tear to specific damage, and those requiring replacements will want to have an idea of how their costs will break down.
This is just one of many areas we cover when you visit the team with At Your Service Plumbing, Heating & Air. Our furnace installation and replacement services include assisting you from start to finish with this process, including advising you on the best choices for your home and the costs associated with them. In today’s part two, we’ll go over a few more specific factors that will help dictate the final price of your new furnace, including a couple you may not have considered in the past.
One big factor that must be considered here is the efficiency of the furnace, which describes the percentage of energy being used for the furnace that’s actually directly converted into heating power (compared to waste). Furnace efficiency is expressed using the Annual Fuel Utilization Efficiency rating, or AFUE, which tells you how much heat the furnace produces compared to the amount of energy required for this year – the higher the AFUE number, the more efficient the furnace.
As you surely expected, more efficient furnaces are generally a bit more expensive. However, be aware that this higher efficiency will lead to lower operating costs over the life of the equipment, and in many cases this trade-off is well worth it to your eventual bottom line.
In some homes, a zoned system is in place. This is a setup where multiple thermostats are used rather than a single one, controlling different parts of the home separately from each other and allowing for different comfort ranges by room or area of the home.
Again, zoned systems tend to be on the more expensive side when it comes to the furnace itself – you need one that can stand up to the varying needs throughout the home. But again, the comfort increases and extension of equipment lifespan that often comes with these systems make them a worthwhile investment for many homeowners.
Rebates, Tax Breaks and Other Incentives
Finally, did you realize that many furnace installations will come with potential financial incentives? These may be immediate or eventual – there are rebates from manufacturers or installers that you’ll usually see quickly, or long-term tax breaks you can often get from the IRS for certain efficient furnaces.
For more on the factors that will go into determining the price of your new furnace, or to learn about any of our heating repair or numerous other services, speak to the staff with At Your Service Plumbing, Heating & Air today.