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New High-Efficiency Furnace Save Money?

Many people wonder if installing a brand new high-efficiency furnace in their home is really going to save them money, and the answer in most cases is yes, it will.

If your current furnace is an old model or mid-efficiency model, then upgrading to a brand new high-efficiency furnace will save you some extra bucks on your utility bill. As the years go on, a furnace may become less efficient which is why an upgrade from your old furnace may be worth the money.

Older models of furnace tend to be around the 80% efficiency range. What this means is that for every dollar that is spent on gas/propane, 20 cents is wasted. This means that you are wasting one fifth of the money you spend on converting energy into heat.

On the other hand, a new high efficiency furnace should range between 92 and 98 percent efficiency. With an upgrade from your old 80% efficiency furnace to a new high-efficiency furnace you are instantly saving money.

If you’re interested in finding out your furnace’s current efficiency rate, you can simply ask a reputable heating and cooling contractor like DeMark Home Ontario to perform an efficiency test on your furnace.

Another thing to take into consideration when calculating how much you will be saving with a furnace upgrade is that a new high-efficiency furnace would be saving you money on repairs with its available warranty unlike an old furnace with an expired warranty.

The efficiency level of a furnace is not the only option to save money with an upgrade. Furnaces have fans, some are simple and are either on or they are off. When this fan is on it is running at its full speed, blowing air through the ducts. There are also other types of fans called variable speed fans. A variable speed fan can adjust just how much air is being circulated and is moving. This type of fan can slow down to save energy and only uses the amount of energy necessary to heat the home to your desired temperature. A variable speed fan will save you money on your electrical bill by always running the fan at its full power.

An upgrade to a new high-efficiency furnace can also save you money through rebates. Many utility companies offer rebates to those who upgrade to a new high efficiency furnace. The amount you receive depends on the type of furnace and the utility company. You can receive $250 in IESO Rebates when installing new High-Efficiency Furnace between Jan 1, 2017 and Dec 31, 2017.You will receive a:$250 incentive when you replace your existing furnace with new high-efficiency furnace (eligible model) equipped with an ECM (Electronically Commutated Motor)

Your brand new furnace, just like your old one, should have a long life, usually between 14-18 years as long as it’s regularly maintained. Even with good care, as equipment ages it will become less efficient, less dependable, and thus require more repairs. Repairs can often be expensive and end up costing you hundreds of dollars for an impermanent solution.

Upgrading to a new high efficiency furnace will not only save you some hard earned cash, but it can also elevate the comfort in your home tremendously. DeMark Home Ontario specializes in all of your heating and cooling needs. A furnace replacement with DeMark Home Ontario is only a phone call away and we can have your brand new high efficiency furnace installed within 24 hours with our same day emergency service.

 

DeMark Home Ontario can provide you with high-efficiency furnace rental in no time, and we will even dispose of your old equipment. Should you wish to schedule free in home estimate or speak to one of our consultants please feel free to contact us at 647-847-2998 or fill out our online enquiry form and we will get in touch with you as soon as possible.

Easy Rentals...

get total piece of mind with our High Efficiency Furnace and Air Conditioner Rental Program.

 

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Upgrading to a high-efficiency heating and cooling system offers more than energy savings.

Take advantage of these rebates today!

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This item comes with absolutely free standard installation. We’ll ensure that the product is completely installed to code and fully functioning prior to leaving.

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Great news! Receive a brand new digital thermostat absolutely free when renting this HVAC product from DeMark Home Ontario.

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Great news! When renting a furnace or air conditioner, you’ll get your first 2 months absolutely rent free.

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Great news! When renting a furnace and air conditioner together, you’ll get your first 3 months absolutely rent free.

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This product carries a manufacturer warranty and we’re happy to explain it in full to you. Feel free to get in touch with us for more information or see the Warranty Information tab for more information

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If your order is placed and confirmed by 11am, we can have your HVAC product installed within the same day.

Certain conditions apply, not available on all products.

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This water heater is subject to reduced rental rates based on the DHO discount program. Save money on your bill every single month!

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Save money on this item when buying it along with a qualifying high-efficiency furnace or air conditioner.

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Great news! When renting a qualifying water heater, you’ll get your first 2 months absolutely rent free.

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Promotional code can be found on the eFlyer, Brochure or promotional email that you received from us.

*If you are an existing customer please refer to the mail or email that was sent to you after the installation of your equipment as it contains your promotional code. If you are having troubles locating it please call us and one of our Customer Service Representatives will be happy to assist you.

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Notice for Power Vent Water Heater Customers

Effective August 2007, gas code requires technicians working on venting to replace black ABS vent pipe with white UL-certified vent pipe.

We will upgrade your venting pipes at no additional cost.

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