Energy efficiency is highly important when it comes to residential and commercial heating systems. A highly efficient furnace will help you reduce your energy bills and maintain a stable indoor temperature. Therefore, if you believe that your current furnace is a source of energy waste, you should consider scheduling heating replacement in Richmond, VA.
However, before having a new furnace installed, it’s recommended that you learn more about furnace energy efficiency ratings and what they can mean for your household.
What are furnace energy efficiency ratings?
Energy efficiency ratings are one of the most important factors homeowners should consider when purchasing heating systems. Each unit has an AFUE rating that stands for annual fuel utilization efficiency. New furnaces and boilers are required to have a label that lists their efficiency ratings.
This type of efficiency rating is actually a ratio of fuel consumed to heat produced. For instance, if your furnace has an AFUE of 80%%, it means that 20%% of fuel energy goes up the chimney, while 80% of fuel energy is actually converted to heat.
What is a good furnace efficiency rating?
New furnaces on the market are required to meet a certain minimum when it comes to AFUE. The energy efficiency criteria will depend on the type of furnace you have. For instance:
- Gas furnaces need to have an AFUE rating of at least 80% in the south of the U.S., and at least 95% in the north.
- Oil furnaces need to meet the AFUE minimum of 80% regardless of the part of the country.
- Electric furnaces should have an AFUE rating between 95% and 100%.
Does a high efficiency furnace save money?
Installing a new furnace is a sizable investment, which may be even greater if you go with an energy-efficient model. However, one of the main advantages of furnaces that have a high AFUE rating is the fact that they bring long-term savings.
In general, a highly efficient furnace minimizes energy loss while keeping your home comfortable and warm. On the other hand, a less energy-efficient or faulty model won’t produce as much heat while simultaneously losing energy. Consequently, you will increase your thermostat temperature to warm up your home, which will result in higher energy expenses at the end of the month.
Of course, it’s important to mention that other factors may affect whether you will save on energy in the long run. For instance, poor house insulation and air leaks in the ductwork can affect your home temperature and energy consumption.
The cost of purchasing a new furnace with a high AFUE
Many homeowners are discouraged from buying energy-efficient heating models because of the upfront cost. These furnaces are typically more expensive than less efficient units. However, there are several pocket-friendly options when it comes to furnace financing:
- Your trusted HVAC provider may offer you some special offers and discounts on your new furnace.
- Your team of HVAC specialists may also enable you to apply for their financing program if you meet certain criteria.
- You may find certain utility, local or state incentives that can help offset some of the cost of an energy-efficient furnace.
How do I know the efficiency of my furnace?
If you’re interested in learning the energy efficiency of your current furnace, you should follow these steps:
- Contact your HVAC technicians who can inspect your furnace professionally and determine its energy efficiency.
- Check the label for AFUE since all models now are required to display their energy efficiency ratings.
Book expert heating replacement service in Richmond for increased energy efficiency
Has your furnace completely stopped working? Would you simply like a new, more energy-efficient furnace? Howell’s Heating & Air has all the answers!
We’re the best of heating experts in Richmond and beyond, offering professional heating assistance to local residents. Our team can arrange for a prompt replacement of your heating unit, bringing you world-class models that guarantee durability.
Additionally, we can also tune up your furnace for the heating season. Simply put, we handle everything HVAC-related with expertise and care. We service the entire area, so whether you’re located near Maymont or one of the surrounding neighborhoods, we’re the ones to call. Reach out today!