4 Things To Consider When Thinking About The Cost of A New Furnace
If your furnace has started to struggle and you are on a first-name basis with the HVAC repair person, it’s probably time to think about investing in a new furnace. But what about the cost? Buying a major appliance is a big decision. You have to consider the cost of a new furnace from all angles: budget, safety, convenience, and peace of mind. And, pros of replacing your furnace outweigh the cons, it’s time to make your move.
Determining if your budget can accommodate the cost of a new furnace requires weighing up front expenses against long-term savings.
The average cost of a new furnace in Ontario (installation included) is $5000.00. For most people, that is a significant expense—especially if you didn’t see it coming and haven’t had time to save.
Is it cheaper to repair your old furnace?
Up front, a single repair is almost certainly cheaper than the cost to replace your furnace. But, consider this: if repairs are becoming a regular thing and your furnace is getting older (10+ years old), the cost of repairing your furnace can easily exceed the cost to replace it. In the long run, it may be cheaper and more efficient to buy a new furnace and invest in annual furnace maintenance.
A new, more efficient furnace lowers your energy bills.
The cost of running a furnace has to be considered when deciding whether or not to buy a new one. Whether it’s gas, propane, or electric, your older furnace might be chugging along, but chances are it is not as efficient as a newer model. That means you are paying for more fuel (or electricity) than necessary. So, even though the cost to replace a furnace may seem high up front, lower energy bills will save you money in the long run.
Furnace financing can spread the cost of a new furnace out, making it more budget-friendly.
With British Empire Fuels, you have options. We are proud to offer furnace financing to give our customers the flexibility they need to maintain their HVAC system without breaking the bank. We have partnered with one of Canada’s leading financing companies — Financeit – to offer furnace financing and payment plans to our customers.
If the up-front cost of replacing your furnace is holding you back, ask us about financing options and start planning for your future.
Your family’s safety is priceless.
A furnace in need of repairs may not be running safely. That is something that needs to be considered when you are debating whether or not to replace a furnace.
Failing furnaces can lead to:
Bad air quality in your home,
Carbon monoxide leaks
Frozen or burst pipes in the winter,
And more
When you weigh your family’s safety against the cost of a new furnace, your decision becomes much simpler.
Convenience isn’t everything, but it’s worth considering when you think about the cost of a new furnace.
Dealing with furnace repairs every few months takes up a lot of your valuable time. Scheduling repairs, going to work late or leaving early to let the furnace repair people into the house, not to mention the stress and expense of finding other ways to keep your family warm when your furnace is not doing the job. It’s inconvenient and stressful! When you have a new, reliable furnace installed, you can forget about all that and get on with living in comfort.
Is putting off the cost of a new furnace worth your peace of mind?
Having a functional, efficient furnace you can count on to keep you warm is not optional when you live in the Kawartha Lakes area. Long cold winters mean heating your home is a must. If you spent last winter listening to your furnace struggle to kick on and heat your home, you have to ask yourself: is putting off the expense of a new furnace worth it?
With financing options and a team of HVAC professionals to guide you through the selection and installation of a new furnace, the answer might be: no.
Is the cost of a new furnace worth it?
If you like saving money on repairs and energy bills, keeping your family warm and comfortable, and spending your time thinking about things other than how to deal with your next furnace breakdown, then yes. The cost to replace your furnace is worth it. And the HVAC experts at British Empire Fuels can help you get it done.
Call 705-738-2121 and speak to one of our home comfort specialists today. Ask us about furnace installation services and furnace financing options so we can help you stay warm in winter.