Should You Install a High Efficiency Furnace?

Installing a high-efficiency furnace is just one of the many options people now consider when creating more sustainable homes. Unlike other furnaces, this wastes only 10% of the fuel and converts all the rest fo heat in your home. Believe it or not, this 90% efficiency is sometimes bested by ultra-efficient furnaces at 92%. Even so, do you need either of these and is it worth the cost?

Cost

As with most sustainable energy options, these furnaces can be pricey to install. The cost can range from $2,000 to $10,000. The most common price people pay is somewhere around the $4000’s region. That said, this can pay for itself in a matter of years as you can expect to get about $500 on your energy bill every year. You might also become eligible for tax breaks for making energy upgrades to your home. Speak to your accountant to see if you are eligible.

Consistency

One of the big reasons people love these furnaces is the level of comfort they provide compared to other types. People with less efficient furnaces often struggle to find a good middle ground. Sometimes the furnace roars and burns them out of the house, while other times it doesn’t seem warm enough. In contrast, a high-efficiency furnace is much better at maintaining a constant temperature.

The Bottom Line

This is a great investment for three types of people. People who live in an area with colder winter temperatures, such as in New York, benefit from these furnaces the most. You can beat frigid temperatures without seeing a surge in your electricity bill. Next in line are people who want to conserve nonrenewable energy sources and those who want to save money on their utility bills. Finally, people who intend to remain in their homes for the long haul benefit because they stay long enough to see that return on their investment.