high-efficiency furnace

Does a High-Efficiency Furnace Save Money?

Should you make the switch to a high-efficiency furnace? It can seem daunting and many do not want to make the change, especially if your heating system is working well to start with. If however, you are looking to switch to a new furnace, a high-efficiency furnace may be the best option to save money on heating over time.

Financials are always important when considering whether or not you want to invest in a new furnace. But does a high-efficiency furnace save money? The short answer is yes, you can save money with a high-efficiency furnace, but there are several factors involved.

What is a High-Efficiency Furnace?

Furnaces have come a long way when we look back at models from 10-20 years ago. They are more compact and well built. High-efficiency furnaces, also known as condensing furnaces take these advancements to the next step. They are built to maximize heating ability while using less energy.

High-efficiency furnaces have two core components that help to save money and maximize your return.

  • Uses a second heat exchanger – it uses a second heat exchanger to further extract the fuel that would otherwise become exhaust in older or less efficient models. This two-stage model of heating gradually heats your home, using 2 pipe vent technology.
  • They are conservative – high-efficiency furnaces are conservative on the gas that they consume, they use only enough to heat the home, they do not overheat. It will automatically adjust to the amount of airflow needed in your home, so you will not waste money on gas.

Additional Factors Involved In High-Efficiency Heating

The initial cost of the new furnace, as well as installation, may seem pricey but it will pay for itself in the long run. At Hillcrest Plumbing & Heating, we carry high-efficiency furnaces in stock and we can also help with installation. Furnaces can range in price but they often fall between $3,000-$6,000. The initial cost may seem daunting but if your furnace is ready for replacement, high-efficiency heating is essential for saving money over time. Learn more about furnaces and furnace installation on our site page.

Factors That Can Affect Overall Heating Costs

There are several factors that can affect the overall cost of heating your home. These are often not related to the efficiency of your furnace. Proper housing materials and insulation is the key to making sure your heat stays in your house.

However, when it comes to high-efficiency furnaces, proper installation is the key to saving money on your heating system. Poor installation can lead to leaking ducts and improper air flow. High-efficiency furnaces are designed to save you money and maximize at home heating abilities, however, it’s essential to have the system properly installed.

Ask Our Specialists About High-Efficiency Furnaces Today

Whether you are looking at replacing your furnace in the future, you’re looking to save money on heating or you need a new furnace right away, our team of plumbing and heating specialists will help to answer all of your questions to help you make an informed decision. Call or contact us today!

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A Notice to Our Customers – COVID-19 Update

As the COVID-19 situation continues to develop, Hillcrest Plumbing & Heating remains committed to serving the communities of the Lower Mainland. Based on recommendations from provincial and federal health authorities, we have made some changes to the way we provide service during onsite calls and at our retail store to ensure the health of our customers, technicians, and the communities they live in.

Updates to our business hours and level of service will continue to be provided through our website and social media accounts, and our 24-hour emergency hotline can be called for urgent plumbing and heating repairs at (604) 879-1415.

For more information, please click the button below to visit our dedicated COVID-19 update page.