When the cold weather arrives, we rely on our furnaces to keep us warm and cozy. However, like any equipment, they have a finite lifespan.
The big question that homeowners often grapple with is: How long do furnaces last? By understanding the average lifespan of a furnace and the signs of an aging unit, you can make informed decisions about repairing or replacing them, thus saving money and ensuring your home’s safety. Let’s go over everything you need to know in more detail below.
The Average Lifespan of a Furnace
An average furnace, depending on its type and maintenance history, typically lasts between 8 and 20 years. However, several factors can impact how long furnaces last. For instance, it’s important to note that gas furnaces can have different lifespans compared to electric furnaces.
On the whole, how long do furnaces last when they operate on gas instead of electricity? Typically, gas furnaces last 10 to 20 years, which, as mentioned, is the average lifespan of a furnace, while those that run on electricity can potentially last 20 years or more. Scheduling regular maintenance on your furnace with the Happy House Guys can help your furnace last longer and ensure it remains in optimal condition.
Why Upgrading Early Is Beneficial
If you’re already nearing that 8 year mark, you might be wondering if you should be repairing or replacing your furnace. Here are some compelling reasons why you want to consider upgrading before it breaks down:
Energy Efficiency and Lower Utility Bills
One of the major advantages of replacing your furnace with a new model is energy efficiency. High-efficiency furnaces can significantly reduce your utility bills. They use less energy, meet your thermostat settings with notable accuracy, and ensure that heat is distributed evenly throughout your home. In the long run, a one-time investment in a new furnace can potentially help you save money on monthly bills.
Price Surge in 2024
If the impending chill isn’t motivation enough, take note that prices for furnace installations are projected to rise in 2024. By replacing your furnace this year, you’ll avoid the upcoming spike in costs.
Tax Credit & Energy Rebate Opportunities
There are numerous tax credit opportunities available for homeowners upgrading their heating systems. These incentives are designed to promote energy-efficient home improvements. By taking advantage of these tax credits, you can significantly offset the cost of your new heat pump system. For instance, Duke Energy offers rebates for select eligible energy-efficient heating system replacements. Rebates and amounts vary based on your location and other factors, so be sure to consult with a knowledgeable Arlinghaus professional to determine how much you can receive.
Increase in Home Value
A modern, efficient heating system can boost your home’s value. Potential buyers often look for homes with newer utilities as it promises them fewer hassles in the immediate future.
Safety Concerns With Aging Furnaces
Safety should be a top priority. Once heating systems age, they can become a hazard. Cracked heat exchangers and other wear and tear can lead to dangerous situations, including carbon monoxide leaks. Regular furnace maintenance can mitigate some risks, but there’s no substitute for a newer, safer model.
Remember: A Heating System Runs All Day, Every Day
Especially in the heart of winter, your heating system works overtime. Just as with any appliance, the more a system runs, the more susceptible it is to wear and tear. This constant operation can lead to the need for furnace repair. Annual maintenance can prolong the life of your furnace, but how long do furnaces last without maintenance? Typically, they are much shorter than their potential lifespan. That’s why you should never skip on scheduling regular tune-ups with a reliable technician.
Time to Replace? Trust Arlinghaus!
So, how long do furnaces last? As you can see, the answer to this question can vary depending on several factors, such as the type of furnace you have and how well it has been maintained. If you’re wondering if it’s time to replace that old furnace of yours, consider reaching out to professionals who can guide you to the right solution.
Arlinghaus is proud to serve Cincinnati, OH, Erlanger, KY, and surrounding areas. Offering top-notch heating services in Cincinnati, we ensure a smooth transition to a cozier, warmer, and safer home environment.
Now that you know the average lifespan of a furnace and the benefits of scheduling prompt heating installation services, don’t wait to take action. Book a furnace replacement with Arlinghaus today and enjoy a comfortable and safe winter season!