As time passes and the temperatures decrease during the winter, it’s common to assess whether your heating system is working properly. Testing that it starts correctly is usually done way before you will actually need to heat your home. You want to make sure it’s working to its full potential or if there’s anything that could be fixed and optimized.
If there’s any chance that you might have to hire someone to perform a furnace replacement service in Bloomington, MN, you have to make a number of considerations: from your current house insulation to your budget to the most cost-effective fuel systems to warm your home. The aspect of home improvement that has to do with how it’s being heated translates to lowering yearly maintenance and running costs and therefore, improving your lifestyle.
However, not everyone asks themselves this kind of question, especially if they’re not homeowners. Having your own property means you need to stay on top of everything. Considering that heating and cooling accounts for 44% of a home’s yearly energy use costs, it’s one of the most impactful aspects of your home and home maintenance related expenses. If your house has been working perfectly with the current heating system, then it’s just a matter of paying attention and keeping up with the maintenance services.
But how do you know whether you should replace your heating system in its entirety? Maybe your current system makes a few noises but it still works fine. You don’t want your furnace to die on you while on the middle of a freezing winter. Nobody wants to be caught in that situation. As a general rule of thumb, if your current heating system costs more than $500 to fix, it’s probably time for it to be replaced.
Some houses have older furnaces that have been working great for the past 20 years. However, it’s important to note that older systems have a lower efficiency, and thus use more fuel. The newer technology boilers and furnaces can give you an efficiency or AFUE (Annual Fuel Utilization Efficiency) of more than 90. That means that at least 90% of the fuel’s heat will transfer into your home’s air system with a proper installation. As opposed to the older systems which had a much lower efficiency, you can spend less money on heating gas and you’ll still be able to heat your home properly.
In order to make an informed decision, you need to assess your home’s current yearly cost to maintain the heating system. If the cost could be potentially lowered by using a more recent heating system model, then the replacement will end up saving you money.
If you’re in the market to purchase a new furnace, make sure to get quotes from different companies to find out what option will fit your best. A new heating system will of course be a higher expense—anywhere from $2,000 to more than $4,500. Added to the cost of a new furnace, find out how much time you could get from a company’s installation service guarantee.