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Is It Cost-Effective to Have My Furnace Changed to a High Efficiency Unit?

Energy SavingsThere are many heating and cooling products available today that provide homeowners the ability to choose an effective, high efficiency system for maximum comfort and energy savings. The national average cost of furnace replacement is $3,940, with most homeowners spending between $2,306 and $5,575, according to Home Advisor.

The investment in your heating, ventilation and air conditioning (HVAC) is an investment in quality of life for the time you spend in your home and for maintaining value in that home when you are ready to sell. The HVAC pros at Holsinger Heating and Cooling can advise you on what type and size of furnace is right for you.

Several factors should be considered when making a decision about furnace replacement including your location, home size, age and current fuel type. While gas furnaces are most common for our mid-west weather, gas furnaces can generally be converted to propane for a minimum fee. Electric furnaces can operate at a high efficiency, however they are usually more expensive to operate and brands make a big difference in pricing.

The federal government encourages fuel efficiency by giving the best-performing furnaces their ENERGY STAR rating, essentially their seal of approval. Holsinger Heating and Cooling specializes in professional installation of Lennox ENERGY STAR qualified heating and cooling products, which can significantly reduce your monthly utility costs.

Homeowners may also be able to receive an energy tax credit for replacing their existing furnance with a high-efficiency unit, a deduction itemized on your tax return. The U.S. Department of Energy offers a 30% tax credit for some eco-friendly heating systems, such as solar panels or geothermal systems.

For a very helpful cost calculator, click here.

For available financing options, click here.

Ready to learn more? Give us a call at 1-913-557-9111 to discuss your new heating system and receive a free quote.

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