Out with the old and in with the new. Everyone has heard that old saying before but not everyone understands how to save money by switching to a high-efficiency furnace when they’ve got an older model that’s been in the basement for years. If that’s your situation, read these financial advantages in favour of the high efficiency models.
First off, these furnaces have a high Annual Fuel Utilization Efficiency (AFUE) rating. In fact these ‘latest innovations’ have a rating of 90% or more and that means most of the natural gas that it burns is converted to heat. Translation? You spend less on that fuel type.
These are what’s called two stage models. With two levels of heating power and two levels of fan blower speeds, these high efficiency furnaces only work as hard as they need to. That means you save on the fuel burned and the electricity to run the unit.
High efficiency furnaces often come with secondary heat exchangers that are highly efficient and cut heating costs further.
Finally, you can save money by switching to a high efficiency furnace by virtue of the fuel used. Natural gas is abundant and found domestically, so it’s considered one of the best choices.