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High energy costs are a concern for Canadian households, with heating expenses being a significant part. Space heating alone constitutes 60% of energy use, which can rise further with old or faulty furnaces. Addressing furnace issues is crucial to reduce energy bills and improve efficiency.
If you are planning for a new furnace installation for winter then it is better to tie up with an experienced HVAC company like North Wind HVAC.
The following are a few signs that will tell you that it is the right time to replace your furnace.
1. Your present furnace is more than ten years old.
If your furnace has surpassed the 10-to-15-year lifespan, it is advisable to explore replacement choices. Furnaces older than a decade not only risk breakdowns, but also operate with high inefficiency, resulting in elevated monthly energy costs compared to energy-efficient alternatives.
2. Your monthly energy bill is constantly rising.
If you have observed a substantial rise in energy expenses while using your furnace, it is likely time for a furnace replacement.
Aging furnaces lose efficiency, demanding more energy for heating. A significant increase in utility bills may indicate an impending system breakdown.
3. You can notice the signs of rust
Detecting rust on your furnace’s exterior likely indicates interior rust as well. As rust weakens components, repair or replacement becomes necessary. In such cases, it is often more economical to replace the entire furnace than invest in multiple repairs.
4. Your home has uneven heating
A gradual decrease in home comfort signals the need for furnace replacement. An aging, inefficient furnace struggles to meet heating demands, indicating the impending need for a replacement.
5. Facing repeated breakdowns
Frequent furnace repairs, ranging from $80 to $2,400, can signal an impending system failure or additional breakdowns. Considering the potential high repair costs, investing in a new furnace, starting at $3,000, offers long-term benefits, including reduced energy bills and fewer repair concerns, backed by warranties and guarantees from reputable HVAC contractors.
6. Gas leaking observed
If you have observed any gas leak, then it may lead to serious accidents. You must immediately address the issue, and perhaps the replacement of the furnace will be the last remedy.
The most crucial thing is not to put off critical furnace replacements or maintenance. The last thing you want in the thick of winter is for your heater to break down.