6 Factors to Consider in a New Furnace

man researching furnace replacementThe furnace is one of the most important parts of the home, for both safety and comfort. But replacing a new furnace can be a big (and expensive) decision. With such an important appliance, it’s important to consider all of your options for Loveland furnace replacement services. Here are six factors to consider for your furnace replacement to make the best decision possible.

What Kind of System Do You Need?

Heating and cooling systems typically come as either a split system or a packaged system. Split systems are more common and include a condensing unit, furnace, and coil inside the house. However, in smaller homes or homes without basements, a packaged system could be a better option. Packaged systems put everything in a single outdoor unit to save space inside. If you have a split system, it is likely possible to switch to a packaged system on the advice of an HVAC technician.

How Big Is Your House?

The size of your furnace should match the size of your home. A furnace that is too small for the size of the home won’t be able to heat the entire home and could break down sooner by having to work so hard to heat the entire area. On the flip side, a furnace that is too large could harm the ductwork by creating too much air for a small space.

What Fuels Your Furnace?

Furnaces are either fueled by gas, electricity, oil. Furnaces fueled by natural gas tend to be the most economical, but the cost can depend on the price and availability of natural gas. Furnaces can only be fueled by gas if there is a gas line to the home, which isn’t always the case in older homes or rural areas. Another option is an oil or propane furnace, but it can be expensive to operate and take up a lot of space. Electrical furnaces are a popular option, but they can lead to much higher electric bills. Most people who don’t have a gas line to their home power their furnace with electricity.

What Is Your Target Efficiency?

Not all furnaces are created equally. The biggest difference between furnaces comes from their efficiency, or how much energy is actually used to create warm air. Furnace efficiency is measured in AFUE, or annual fuel utilization efficiency. The most efficient furnaces have AFUEs that range from 90% up to 98%. A more efficient furnace is not only better for the environment, but it can also save you money each month. However, efficient furnaces tend to be more expensive to install.

What Is Your Budget?

Furnaces come at all price points. Consider how much money you can spend on a furnace replacement before looking for options at that level. Remember that the most expensive furnace isn’t automatically the best furnace. However, aside from just picking the least expensive furnace, you should also consider things like the warranty and maintenance costs. Some furnaces may have a higher upfront cost but are actually less expensive to operate over time. Many energy-efficient furnaces come with rebates and incentives, which can lower the price and help you afford a better quality furnace that can also help you save on energy costs.

What Other Features Are Important to You?

All furnaces heat a home, but many modern furnaces have additional features to make them even more convenient and efficient. Extra features tend to come with extra cost and the chance for additional maintenance, but the right features can make a difference in the comfort of your home and your quality of life. Consider if you want features like variable speeds, air filtration, humidifying and dehumidifying, or a dual heat exchanger.

Choosing to replace a furnace is an important decision that will impact your home for years to come. Take your time to consider these factors to make the best long-term decision.

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