When comparing and contrasting furnaces, fuel type will play a big role in the decision making process. Electricity and natural gas are the two most popular choices among homeowners, but what sets them apart? Cost is the main factor, and for most homeowners, it is often the factor that makes or breaks the sale. At first glance, electric furnaces may seem like the way to go, but upon further inspection, you may find that heating your Chicago home is done much more effectively with natural gas heat.
- Efficiency Ratings: When it comes of efficiency, gas and electric furnaces are neck and neck. High efficiency electric furnaces are usually between 95-100% efficient because no fuel is lost to combustion. However, the gas furnaces on the market today are at about the same efficiency rating. For example, we offer the SLP98V natural gas furnace here at Four Seasons. This system has an efficiency rating up to 98.2%, so I think we can take efficiency comparisons out of the equation.
- Installation Cost: Installation costs for electric furnaces are often what attract the buyer in the first place. Gas furnaces need to be vented properly to the outdoors, so the installation cost may be a bit higher. Electric furnaces can pretty much be plugged in, and they are ready to go. So, why does Four Seasons recommend gas furnaces for Chicago home when electric is cheaper initially? Well, we like to focus more on the long term cost rather than the initial installation cost.
- Fuel Cost: Electricity is much more costly than natural gas in our part of the country. That means that running an electric furnace could end up costing you big bucks especially since the temperatures here requires us to use our furnaces 24 hours a day, 7 days a week all winter long.
- Long Term Savings: When you invest in a high efficiency unit, you expect to see savings on your energy bills, but the cost of running an electric furnace will eliminate any savings that you may have expected from your investment.
High efficiency, natural gas powered furnaces will save you more money in the long run than electric systems. However, a professional installation from Four Seasons is also needed to achieve this level of efficiency. We train each and every one of our installation crews to adhere to the high standards of quality that Four Seasons is known for before they ever enter a customer’s home. That way, you can rest assured that your new high efficiency system from Lennox will save you as much money as possible this winter season and many more to come.
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