Many homeowners around the country have decided to switch out oil-burning furnaces for the cheaper and more eco-friendly natural gas furnaces. If you still have an oil furnace in your home, installing a natural gas furnace is a great idea, but as with many things in life, timing is crucial. Here are three signs that now is a great time to install one of these gas furnaces in your home.
1. Your oil furnace needs replacing anyway
Although a natural gas furnace can likely pay for itself within a few years simply by costing less to run, it's still a considerable investment up front. And while your oil-burning furnace does cost more to run, it was an investment too when you bought it. If your oil-burning furnace is still working, you can get more value out of it by continuing to use it until it's time for a replacement. But if your oil furnace does need replacing, now is the best time to opt for a gas furnace instead of trapping yourself with an oil furnace for years to come.
2. You have a flexible home improvement budget
Although it is true that a natural gas furnace has a significantly lower cost up front than an oil furnace, it's also true that the conversion process will eat up the savings like candy. In some cases, getting a natural gas furnace will mean that you'll need to get your chimney lined. It'll certainly mean that you'll need to budget for a natural gas hookup, if you don't already have one, and laying the gas lines to your furnace, and it'll also mean that you'll stop using your oil tank, so you'll have to pay to have it decommissioned as well, which would not be the case if you were continuing to use an oil furnace.
3. You're working on green renovations for your home
As far as green renovations go, a natural gas furnace is a great option! It doesn't just save money, but it also releases fewer carbon emissions into the atmosphere, and if you get a high-efficiency one, you can improve your results even more (as well as get federal tax credits).
Planning to replace your furnace at the optimal time is essential to garner the best savings, so use these three signs to help you determine whether now is the best time in your life to invest in a natural gas furnace. Contact a company like Rechtin Tom Heating Air Conditioning for more information.