Air Conditioning and Furnace Blog

Sign up for our newsletter


 


Google_review
inner_image1

inner_image2

 

Is it Time for a Furnace Replacement?

Is it Time for a Furnace ReplacementLife without a furnace in Minneapolis is unthinkable. No matter who you are, it’s important to have a functioning furnace to keep you warm and safe in the winter. Furnaces, like any other machines, require regular maintenance and eventually need to be replaced. The average lifespan of an older furnace is 15-20 years, so if your furnace is at that age, it might be time to consider a furnace replacement. However, buying a new furnace is an expensive investment, so it’s important to be aware of all of your options.

Here are some things to consider before you start shopping for a furnace replacement.

  • Should I Repair or Buy? Although a furnace repair visit may be cheaper than a furnace replacement in the short term, the cost and hassle of multiple repair visits can really add up. If you are on the fence about buying a new furnace, contact the Ray N. Welter Heating Company and an experienced professional will visit your home and appraise your furnace. Welter’s experienced technicians have seen thousands of furnaces, and they can give you a professional opinion as to whether it’s more worthwhile to repair your furnace or invest in a new one. Since buying a new furnace is a huge investment, it’s important to have a professional opinion before you buy.
  • Is your Furnace Outside of Warranty? Most furnaces come with a 10-year parts limited warranty. This means that if your furnace is more than 10 years old, it’s probably outside of warranty. Furnace manufacturers also offer extended warranties, so check your paperwork to see if your warranty is still valid. If your furnace is still within warranty, contact the dealer that you bought the furnace from. If the dealer that you bought the furnace from is no longer available, you can reach out to any local HVAC company that sells the brand of furnace that you own to find out which repairs are covered under your warranty.
  • Is your Furnace more than 15 Years Old? The average life expectancy of a brand new furnace is 20 to 30 years. However, older models may only last 15 years, so if your furnace is older than 15 years, it may be time to consider a replacement.
  • Has a Professional Inspected your Furnace? Professionals who work with furnaces every day will have the best idea as to whether or not your furnace needs to be replaced. When you schedule a furnace installation visit with the Ray N. Welter Heating Company, an experienced technician will visit your house, appraise your furnace and let you know if it is worth buying a new one. They will also inspect your home in order to determine which type of furnace would be a good fit for your house. Keep in mind that if you walk into an appliance retailer and ask for furnace advice, the salesperson may simply encourage you to buy a new model since their job is to make sales, not to conduct repairs or home visits.
  • Gas or Electric Furnace? The most popular type of residential furnace is a natural gas furnace. Natural gas furnaces cost between $2,500 and $14,000 and installation cost between $1,300 and $2,000. Natural gas furnaces are a popular choice because they are more energy efficient than oil and electric furnaces.

New electric furnaces can cost as little as $1,000 and can be installed for $1,000-$2,000. However, the cost of running an electric furnace is typically more than running a gas heater, so keep your utilities budget in mind before purchasing an electric furnace.

  • Does efficiency matter? Furnace efficiency will play a huge part in the total cost of your new furnace. While more efficient furnaces may cost a bit more up-front, they will save you money in the long run by lowering your utility bills.

Look for furnaces with a high AFUE rating within your price range. AFUE is important to consider because it is a measure of fuel efficiency. Energy Star suggests that people who live in the Northern United States should invest in a gas furnace with an AFUE of 95 or higher. Oil and electric heaters tend to have lower AFUE ratings because they are less energy efficient.

  • What are BTUs? BTUs are a measure of heat output. Your location and the size of your home will determine what BTU rating you should look for. Consult a professional or use a BTU calculator to find an appropriate BTU rating for your home. The higher the BTU, the higher the cost of the furnace, so this measure will have an impact on the cost of your furnace.
  • What is the cost of installation? Installing a new furnace typically costs between $1,000 and $2,000. However, if extensive duct work is needed (say you bought a forced air furnace and your home doesn’t have air ducts) you will have to pay for duct work as well, which can add thousands of dollars to your bill.

Having a professional assess your home before you buy a new furnace is a good way to ensure that there will be no “hidden costs” when installing the furnace. When the installation professional knows what kind of duct work is in your home, what kind of furnace you currently have and what kind of furnace you’re planning to buy, they can give you an accurate estimate and help you avoid buying a furnace that’s incompatible with your home.

For more information and advice on buying a new furnace, check out this blog post that explores what type of furnace you should buy.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Is it Time for a Furnace Replacement?

Is it Time for a Furnace ReplacementLife without a furnace in Minneapolis is unthinkable. No matter who you are, it’s important to have a functioning furnace to keep you warm and safe in the winter. Furnaces, like any other machines, require regular maintenance and eventually need to be replaced. The average lifespan of an older furnace is 15-20 years, so if your furnace is at that age, it might be time to consider a furnace replacement. However, buying a new furnace is an expensive investment, so it’s important to be aware of all of your options.

Here are some things to consider before you start shopping for a furnace replacement.

  • Should I Repair or Buy? Although a furnace repair visit may be cheaper than a furnace replacement in the short term, the cost and hassle of multiple repair visits can really add up. If you are on the fence about buying a new furnace, contact the Ray N. Welter Heating Company and an experienced professional will visit your home and appraise your furnace. Welter’s experienced technicians have seen thousands of furnaces, and they can give you a professional opinion as to whether it’s more worthwhile to repair your furnace or invest in a new one. Since buying a new furnace is a huge investment, it’s important to have a professional opinion before you buy.
  • Is your Furnace Outside of Warranty? Most furnaces come with a 10-year parts limited warranty. This means that if your furnace is more than 10 years old, it’s probably outside of warranty. Furnace manufacturers also offer extended warranties, so check your paperwork to see if your warranty is still valid. If your furnace is still within warranty, contact the dealer that you bought the furnace from. If the dealer that you bought the furnace from is no longer available, you can reach out to any local HVAC company that sells the brand of furnace that you own to find out which repairs are covered under your warranty.
  • Is your Furnace more than 15 Years Old? The average life expectancy of a brand new furnace is 20 to 30 years. However, older models may only last 15 years, so if your furnace is older than 15 years, it may be time to consider a replacement.
  • Has a Professional Inspected your Furnace? Professionals who work with furnaces every day will have the best idea as to whether or not your furnace needs to be replaced. When you schedule a furnace installation visit with the Ray N. Welter Heating Company, an experienced technician will visit your house, appraise your furnace and let you know if it is worth buying a new one. They will also inspect your home in order to determine which type of furnace would be a good fit for your house. Keep in mind that if you walk into an appliance retailer and ask for furnace advice, the salesperson may simply encourage you to buy a new model since their job is to make sales, not to conduct repairs or home visits.
  • Gas or Electric Furnace? The most popular type of residential furnace is a natural gas furnace. Natural gas furnaces cost between $2,500 and $14,000 and installation cost between $1,300 and $2,000. Natural gas furnaces are a popular choice because they are more energy efficient than oil and electric furnaces.

New electric furnaces can cost as little as $1,000 and can be installed for $1,000-$2,000. However, the cost of running an electric furnace is typically more than running a gas heater, so keep your utilities budget in mind before purchasing an electric furnace.

  • Does efficiency matter? Furnace efficiency will play a huge part in the total cost of your new furnace. While more efficient furnaces may cost a bit more up-front, they will save you money in the long run by lowering your utility bills.

Look for furnaces with a high AFUE rating within your price range. AFUE is important to consider because it is a measure of fuel efficiency. Energy Star suggests that people who live in the Northern United States should invest in a gas furnace with an AFUE of 95 or higher. Oil and electric heaters tend to have lower AFUE ratings because they are less energy efficient.

  • What are BTUs? BTUs are a measure of heat output. Your location and the size of your home will determine what BTU rating you should look for. Consult a professional or use a BTU calculator to find an appropriate BTU rating for your home. The higher the BTU, the higher the cost of the furnace, so this measure will have an impact on the cost of your furnace.
  • What is the cost of installation? Installing a new furnace typically costs between $1,000 and $2,000. However, if extensive duct work is needed (say you bought a forced air furnace and your home doesn’t have air ducts) you will have to pay for duct work as well, which can add thousands of dollars to your bill.

Having a professional assess your home before you buy a new furnace is a good way to ensure that there will be no “hidden costs” when installing the furnace. When the installation professional knows what kind of duct work is in your home, what kind of furnace you currently have and what kind of furnace you’re planning to buy, they can give you an accurate estimate and help you avoid buying a furnace that’s incompatible with your home.

For more information and advice on buying a new furnace, check out this blog post that explores what type of furnace you should buy.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Sign up for our newsletter


 


Google_review
inner_image1

inner_image2