High efficiency furnace cost savings calculator

High Efficiency Furnace Payback Calculator. Natural Gas Furnace Savings Comparison. Use this calculator to estimate your last years heating costs. By upgrading to a high - efficiency system, you can cut your energy costs while. Use the energy savings calculator below to see how much you could save.

Calculate the annual operating costs savings for a high efficiency natural gas furnace.

You can find current natural gas prices here. Indicates required fields. Therefore, $3in savings per year could be realized by installing a high - efficiency gas furnace , and a chimney would not be required.

The Nicor Gas Energy Efficiency Program offers rebates for furnaces with an AFUE of or greater. Calculation explanation: Estimated savings are calculated by taking the total annual heating cost and factoring in a more efficient furnace. Now calculate the 15-year cost of each furnace , inclusive of your annual heating bill.

The high efficiency furnace with percent AFUE would cost $300. What is the payback period for the higher efficiency unit?

Savings per year with New Furnace ($8current cost times percent), $168. Estimate energy and cost savings for energy- and water- efficient product categories using these interactive calculators provided by the Federal Energy . Newer, high - efficiency furnaces can produce heat using percent of the. Divide the final cost of your furnace by the energy cost savings to find out how many . Because the higher - efficiency model uses less fuel each month, it will cost less to. If you have an electric, gas or propane furnace , your calculation may be . Jan High - efficiency furnaces are a great way to conserve energy and.

The higher cost can lead homeowners to either opt for a less. However, homeowners should be able to get a ballpark estimate for future savings with a simple calculation. Nov In some cases, opting for a high efficiency furnace is a good idea.

Residential Energy Calculator. Calculate your energy consumption and potential cost savings with our energy calculators. Use less energy and save money with high efficiency HVAC systems. Use the size and savings calculator to choose the best Central Boiler for your home and to estimate your annual cost savings.

Jan The more you spend per year on heating costs , the faster the payback period. Besides saving money, using a high efficiency furnace is a green . Determine an average gas cost for these three months.