Deciding when to install a new furnace involves several critical factors that can influence both the immediate costs and long-term benefits. Understanding these elements helps homeowners make informed decisions about their heating needs. Let’s explore five key factors that determine whether a new furnace installation is for now or later.
1. Cost of Installation
When it comes to installing a new furnace, the costs can vary widely based on several factors, including the type of furnace you choose, the size of your home, and how complex the installation will be. Remember to consider labour costs, which can change depending on local rates and the type of modifications to your ductwork or electrical systems that may be required.
2. Size of Home
The size of your home plays a key role in determining the right furnace installation for you. If the furnace you choose is too big for your home, it might cycle on and off too frequently, leading to wear and tear that could result in costly repairs down the line. On the other hand, an undersized unit may struggle to keep your home warm, forcing it to work harder than it should and increasing your energy bills.
3. Type of Furnace
Even before you dive into specific furnace makes and models, you’ll need to decide on the type of heat source that suits your home and your lifestyle: gas, electric, or propane. Each option has its pros and cons that affect both initial costs and ongoing expenses. Gas furnaces often strike a balance with moderate upfront costs and low operating expenses, while electric furnaces are usually less expensive to purchase but have had higher monthly utility fess due to fluctuating electricity rates. Propane furnace installations are a common choice in rural areas without natural gas access, but their installation costs tend to be higher, and their operating costs are variable.
4. Efficiency Rating
The efficiency rating of your potential furnace can significantly impact both the purchase price and operating costs of a new furnace. While high-efficiency models may require a larger initial investment, they can save you a lot on energy bills over time. Look for units rated above 90% AFUE (Annual Fuel Utilization Efficiency) for optimal savings. Mid-efficiency models rated between 80% and 90% AFUE are usually less costly upfront but may not offer the same long-term financial benefits as high efficiency models.
5. Existing Infrastructure
Finally, before deciding if now is the time for a new furnace installation, examine your home’s existing infrastructure. Assessing the condition of your ductwork and venting requirements to ensure everything is compatible with your preferred furnace. This will help prevent unexpected installation costs and improve overall furnace efficiency.
Find Your Calgary Furnace Installation
Whether you’ve decided to pursue a new furnace installation or still need more information to decide, contact the furnace experts at Harmony Heating & Air Conditioning Inc. We’ve been helping the residents of Calgary and surrounding areas make informed decisions about their heating choices since 2008.