Smile Heating & Cooling Inc. Guide to Cutting Costs on New Furnace installation | Page 2

Introduction A furnace is a great investment when it comes to heating your home. When it fails, you can either consider repairing or replacing it. The latter choice is often better since you get the opportunity to install a more energy-efficient and economical design. Normally, it will cost you at least $5000 to fit a new furnace. This is quite expensive, so it’s shrewd to find ways to reduce the cost. If you are planning to replace your current furnace with a new design, probably you are asking if the replacement will save you money. The answer is YES and you should know why. For starters, a majority of old furnaces are about 80% energy efficient. So, there is a 20% room for improvement. What this means is that for every $100 you pay, $20 is waste. Nowadays, there are furnaces that guarantee about 95% energy efficiency. So, you are able to save some dollars once you upgrade. The other concern is the installation cost. It’s obvious that you have to dig deep into your pocket to spare $5000 or more for installing a new furnace. You should always find ways to save money without settling for low-quality installations. To cut the installation costs to about $2000 or thereabout, you have to look at all the angles where money is directed to. This includes the cost of buying a new furnace, the labor costs, among others. In this respect, here is a definitive guide to use.