Tips For Saving Money When Replacing Your Home's Furnace

Posted on: 4 November 2018

If you live in a climate that has very cold winters, having a functioning furnace is essential. Unfortunately, a furnace will not last forever and the price to purchase a furnace and have it installed can be quite expensive. If your furnace has reached the end of its lifespan, you will need to replace it, but there are several things that you can do to save some money when doing so. The key is to be diligent and prepared before buying a new furnace and hiring an HVAC contractor to install it. Use the following tips to lower the costs associated with replacing your home's furnace:

Do Your Research

One of the best things you can do before buying a new furnace is take the time to research your options. Spending a few hours learning about the different brands of furnaces and the average cost of each one will make it easier for you to find a good deal and avoid being overcharged when it is time to make your purchase. Researching your options will also help ensure that the furnace that you end up buying is high-quality and will last for many years.

Look for Rebates and Tax Credits

An easy way to lower the overall cost of replacing a furnace is by taking advantage of rebates and tax credits that may be available. Rebates are often offered through furnace manufacturers and are simple to process. Typically, all you will need to do is fill out a form, mail it in, and you will receive a check for the rebate amount. In some cases, manufacturers may offer instant rebates that immediately come off the price of the furnace at the time of purchase. Tax credits can be offered at the federal, state, or local level. A tax credit is often offered when a person buys a new furnace that is very energy efficient.

Request Multiple Quotes

Installing a new furnace is a complicated task, so it is not surprising that it is not cheap to hire an HVAC contractor for a furnace installation. However, you can save some money and get the best price on furnace installation by getting price quotes from several licensed HVAC contractors in your area. Make sure that you request each price quote in writing so it is easy to see what is included in the installation and the total cost, including any taxes and fees that may apply. 

For additional information, reach out to companies such as Nova Air Conditioning & Heating


Lowering Your HVAC Expenses

After we purchased our very first home, I realized that I was really struggling with paying for the heating and cooling costs. We were spending much, much more money every month than we thought we were going to, and it was really difficult to figure out what we should do. We thought long and hard about how to minimize our expenses, but we didn't really get anywhere until we talked with an HVAC contractor. He mentioned specific, actionable ways to lower our bill, such as programming our thermostat and using more of our ceiling fans. This blog is all about lowering your bill.

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