If your home has central air conditioning, the air conditioner will most likely be the biggest user of your electricity. While it’s used only a few months a year, the annual cost of air conditioning can be much higher than the annual cost of your refrigerator, which is typically the next largest user.
In hot climates, the annual cost of air conditioning can exceed a thousand dollars. To get a rough idea of what your air conditioning costs are, do the following:
Many factors can cause differences in energy bills, so comparing your bill to someone else’s is like comparing apples to oranges.
For example, the ages of your major appliances—especially refrigerators and air conditioners—can make a dramatic difference in your bill.
In addition, if your house leaks air like a sieve while your neighbor’s house was just weatherized and insulated, you will have much higher heating and cooling bills.
Other factors that can result in significant differences in bills are the number and kinds of lighting fixtures, thermostat settings for heating and cooling, the number of loads of laundry, old refrigerators out in the garage, and hobbies which result in electricity use.
Here’s how to decide whether you should insulate or replace your furnace. First, take a look at the situation in your house. Factors that will influence your decision are the age and efficiency of your furnace, and the amount of insulation currently present in the house.
In general, it is more cost-effective to upgrade insulation than it is to upgrade your furnace.
However, if your furnace is old and you are planning on replacing it, you might want to upgrade the furnace.
The average lifetime for a furnace is between 15 and 20 years. The efficiency of furnaces has increased over the years, so the older a furnace is, the more likely it will be inefficient.
The average efficiency of new furnaces has increased from 63% in 1972 to 98% in 2012.
Older furnaces, and furnaces which are used a lot are more cost-effective to replace than newer or infrequently used furnaces.
Also, if you insulate your house at the time of furnace replacement, you might be able to buy a smaller capacity furnace and save money on the price. The same holds true for A/C and other heating and cooling equipment.
Find out how easy it is to make your home more energy efficient.
Call 1-800-200-9696 or email us for a free consultation today.