A new furnace can be a costly investment for your home, but it is one that can pay you back in return. It's a necessary appliance in your home, and it can actually add value to your home. In addition, a new furnace may also qualify you for a rebate with your local energy company, as it is considered an energy efficient upgrade to your home. If you aren't sure if you need to install a new furnace in your home, read on for signs that it's time to upgrade to a new furnace.
1. It's Costing A Lot Of Money In Repairs
Just because your appliance is continuing to work after it is repaired doesn't mean you should keep that furnace in your home. An older furnace can be costly to repair over and over again, especially if the parts are getting harder to find. It can also be costly trying to find someone that is knowledgeable about that particular model of furnace, especially if it's on the older side. All of those repair costs will begin to add up quickly, and it may be more cost effective to replace the furnace instead.
2. Your Furnace Is Breaking Down More Often
The cost of repairs is one thing, but if the repairs are becoming more and more frequent, you are risking a lot in an effort to keep your furnace. If your furnace breaks down in the middle of a snow storm for instance, and someone isn't able to get to you right away to repair your furnace, you could be putting yourself and your family at risk, not to mention that your pipes could freeze if the temperature in your home drops low enough.
3. Your Energy Bills Are Going Up
If your energy bills are starting to go up, it may be because your furnace is running more often in an effort to keep up with the temperature you have your thermostat set to. If your furnace is running too often to catch up, it can be costing you in energy costs and it may result in breakdowns of your furnace as well. Either of these will cost you a lot of money in the end.
If your furnace is getting old and is beginning to break down often with costly repairs being needed, it's time to consider having your furnace replaced with a new one. Contact a heating installation company to have your furnace inspected and to see what it could cost to have a new one installed for you.