Have you given any thought about your HVAC system? Probably not!
In most cases your furnace sits in an area of your home, tucked away doing its job day in and day out; warming you during the winter and cooling you during the summer. It’s not until the system stops working properly that most homeowners give their furnace any consideration.
The average household spends more than $2200 a year on energy bills with nearly half going toward your heating and cooling costs. But by making a few smart decisions, you can save on those energy costs and improve the comfort in your home. If your HVAC equipment is more than 10 years old or not keeping your house comfortable, it may not be performing efficiently or perhaps needs upgrading. By replacing your old heating and cooling equipment with ENERGY STAR qualified equipment, you can cut your annual energy bill by nearly $200.
How long do furnaces last? The average furnace probably works for about 14-20 years, assuming it is properly maintained. So by the time your furnace dies and you need to buy a new one, you are looking at replacing a mechanical and electronic appliance that is almost two decades old, which is an eternity in these modern times.
So let’s say you woke up this morning and your furnace is dead. Chances are, it was designed and installed back in the early 90s or late 80s. In those days, a good furnace had an efficiency rating of about 60-80%, meaning that 80% of the gas or oil burned went to heat your house, and the rest was lost as waste heat up your chimney or vent. So you go shopping for a new furnace today, and you see 90, 92, 94, even 95% efficiency measurements on these new furnaces. What does this mean? What should you research and buy?