Why Your Old Heating System Could be Costing You More Than Just Maintenance Costs
As technology advances, new and improved models are introduced to the market that offer many advantages above what their older counterparts produce. This is true with just about everything — including your heating system. While an older furnace or heater may still be functioning fine, chances are that it is more expensive to operate than a newer system.
Loss in Efficiency
As heating equipment ages, it loses efficiency. Plus, newer heating equipment has a much higher efficiency than your older system was in its prime, thanks to new regulations. Operating an older, less efficient system costs you far more in energy expenses than operating a new system — enough so in many cases that it can pay off the cost of installing the new unit in a short period of time.
- According to the Department of Energy, replacing an older system that offers only 50% efficiency with a system offering 95% efficiency, you can save more than $47 for every $100 in fuel costs!
Not as Effective System Control
Older heating systems don’t have the control options which are available on newer models. This lack of control can’t keep you as comfortable and can cost you more in energy use. It’s not just your old furnace or boiler that’s the problem; an outdated thermostat is a major control problem. If your system or thermostat has a simple “on/off” option, you should look into upgrading now. New technology, such as zoning, offers additional control over home comfort and energy use which older systems don’t.
Use of Expensive Fuels
The price of various heating fuels has fluctuated over the years. When your heating system was originally installed, the fuel source used may have been a cost-effective choice; now, it may be costing you much more than alternative energy sources. Upgrading to a new heating system that utilizes a cost-effective energy source will help you lower your heating bills throughout the colder months.
Natural energy is becoming a popular choice for heating equipment. Heat pumps extract energy from the outdoor air, the ground, or a water source to provide the heating your home needs. They keep your home comfortable for a fraction of the cost of an older, inefficient system and are considered to be an environmentally friendly option.
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