High Efficiency Furnace – Do You Really Need One?
High efficiency furnaces are quite popular today. Mainly because of green initiatives, tax breaks, and long-term savings. However they are costlier to install and purchase outright. Though they may definitely be the right choice for many people, there are some people who will save more money doing without. The prices for an installed furnace can range from $2000 to $3500 depending on the efficiency rating. The colder the climate where you live, the more you will save with one of these furnaces. However, even in a moderate climate you will be saving about 30% every month on your heating bills. This is because they burn 30% less fuel than traditional furnaces. You will make up the complete difference in your heating bills in about three years time. They are 90-97% efficient, meaning that 90-97% of the fuel burned in your furnace is directly turned into heat. With the rising prices of fuel and power, this is a great investment. The percentage used to figure out how efficient these are is