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Lionel Boulin • Sep 16, 2021

How to Save Money on a New Furnace

If your furnace is more than 15 years old, you might need to replace it soon. This is because the average service life of a furnace is 15 to 20 years.

Before buying a furnace, it’s important to do your research on the basics, like the furnace size and type. Doing your research will not only aid in maximizing the return on your investment (ROI), it will also help you save money on a new furnace.

To help you get started, Home Air Services shares some tips below:

Ask for a written estimate.  After doing your research, you should ask for estimates from local  home heating companies  to determine the price range of a furnace installation in your area. Most estimates are given by phone or email, but it would be best if the contractor visited your home before giving an estimate. That way, they’ll be able to note important details such as the dimensions of your old furnace.

Important: Keep in mind that while it’s important to stay within your budget, you shouldn’t get too preoccupied with the cost of a new furnace. Focus instead on how you can maximize your ROI.

Take advantage of tax credits and utility rebates. For instance, the Federal Government offers a Solar Tax Credit that covers up to nine percent of the total retail cost of a solar-ready heat pump. And depending on your area, you may qualify for energy rebates through your utility company when you purchase a Lennox® high-efficiency heating or cooling system. To learn more about the rebates available in your area, consult one of your local HVAC installation and  duct cleaning companies.

One more thing: To ensure your new furnace is installed correctly, be certain to vet an HVAC contractor before hiring them.

Home Air Services has been providing professional HVAC installation and  air conditioning repair  services to local residents since 1953. To schedule an appointment, call us at (301) 585-8100 or fill out this  form.

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