Smile Heating & Cooling Inc. Guide to Cutting Costs on New Furnace installation | Page 10

4. Identify Tax Incentives In your state, you should search for local or federal tax incentive programs which apply to new furnace installations. The programs not only guarantee you energy efficient furnaces but also affordable alternatives. The incentives come in form of yearly tax credits and it applies to the entire year that you install a new furnace. These days, a number of utility companies as well as fuel suppliers have these programs. So, you can always talk to them before purchasing a new furnace. 5. Do Your Own Research Don’t assume that your local contractor is always right or knows everything about cheaper new furnace installations. You should also not assume that the expert will answer every question that you have truthfully. So, it’s better to do your own research. This is more important when considering the furnace price and the installation cost. Considering that furnace technology is fast changing, you should take time to research what is current and affordable before making a purchase. This is more important if you are opting for a DIY project. You should at least know the average cost of the furnaces in the market and the costs of installing them. It’ll help you do a better comparison and to prepare for everything in advance. 6. Load Calculation Load calculation refers to the process of determining how much power your furnace needs to properly heat your home. You can ask an HVAC expert to help you calculate the value. Some of the things that you’ll have to consider are the size of your house, your location, and foundation type. This will save you money since you won’t buy an oversized furnace or waste cash on an inadequate design.