When thinking of ways to save money, replacing a major appliance should be near the top of your list. A new furnace from your local heating contractor is an excellent place to start. While it does represent an initial investment, it will pay for itself and more by saving you money on energy costs, repairs, and taxes. 

Why New Furnace Installations Are a Financially Sound Investment 

Energy Efficiency

Today’s technology dramatically out-performs appliances of the past. New furnaces are made to generate more heat using less power, with all their parts working smoothly together to eliminate wasted effort. This can translate to significant savings on your electricity or gas bills. If your furnace is 10 or 15 years old, replacing it may be the best way to reduce heating costs.

Less Breakdowns

Another benefit of more efficient technology is that it’s less likely to experience mechanical problems. Years of wear and tear lead to an increased need for repairs. A new model will be in optimum condition and require fewer visits from an HVAC contractor. This also means your heater won’t tap out on you when it’s most relied on. 

Tax Credits

The federal government offers tax credits for those who improve the energy efficiency of their homes. Under the Nonbusiness Energy Property Credit, you can receive up to $150 for installing a furnace which meets the Department of Energy’s efficiency standards, and an additional $50 for a furnace circulating fan. Ask your heating contractor for help finding a qualifying system, then file Form 5695 with your taxes.

If your furnace is more than 10 years old, talk to Air Rescue in O’Fallon, MO, about your replacement options. They are an experienced, trustworthy provider of HVAC services, including 24-hour emergency service. This cooling and heating contractor will prepare your home for Missouri’s temperature extremes, keeping you comfortable all year round. Call them today at (636) 764-0700 to schedule an appointment or learn more online.