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Angie’s List: Tax Credits When Choosing a New Furnace

(WGGB) — The average family spends at least $2,000 a year on energy bills. More than half of that goes to heating and cooling your home.

If you need to replace your furnace, now may be a good time – tax credits for qualifying products expire at the end of the year.

There are warning signs your furnace may need replacing.

Are your utility bills going up? Furnaces often lose their efficiency as they get older.

Is your furnace breaking down more often, resulting in costly repairs? Are you always adjusting the thermostat to make your home more comfortable?

Can the system keep up?

“The average life of a heating and cooling system is somewhere between 12 to 18 years, so obviously, as you get older, things start to break down in your body. The same thing happens with heating and cooling equipment,” explains Kris Conover, an HVAC contractor.

If it’s time to replace your furnace, there are some things you should consider before buying.

Remember, bigger is not always better. Your unit should be correctly sized to operate properly and efficiently.

Ask prospective companies what specific manufacturers or equipment brands they carry. Contractors should also hold training certifications with the manufacturers of the equipment they carry.

“Even if you have a brand new furnace, you want to be sure you are doing your regular maintenance. A great idea is to check your furnace filter once a month. An easy way to do that is check in when you paying your utilities bills each month. A clean air filter is going to help your furnace run more efficiently and help you air quality,” adds Angie Hicks of Angie’s List.

If your air conditioner is showing its age, it may be a good idea to replace both your furnace and A/C at the same time.

You could see some savings because the installation crew is already on site. Some manufacturers may also offer total system rebates when you replace both your air and furnace.


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