Repair Or Replace Your HVAC System?
Energy And Cost Savings – If your system is more than 10 years old, a great deal of energy can be saved by upgrading to a newer, more efficient system. Depending on the Seasonal Energy Efficiency Ratio (SEER), upgrading could save you 20% to 40% on heating and cooling costs. If your home has a furnace, answering the repair vs. replacement question is easy. According to Annual Fuel Utilization Efficiency (AFUE) ratings, which is a measure of furnace efficiency, systems from the 1970’s offer AFUE ratings of about 65%. Newer models offer near total efficiency of 97%. That adds up to a lot of energy and lower utility bills.
Tax Incentives – In addition to energy savings that add up over the lifetime of your new system, tax credits and incentives are available, which could save you up to 30% of the cost of a new HVAC system. Look for the ENERGY STAR label for your best options.
Should You Upgrade To A Tankless Water Heater?
A tankless water heater produces hot water only when you need it. When you turn on the faucet, water is heated as it flows through capillary-like pipes. The water is heated by either a powerful gas burner or electric coils. By heating the water as it’s needed, you reduce energy loss and increase efficiency by 50% over a conventional hot water tank system, That means you may save about $165 in annual savings for an average household.
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