Calculate the Costs of Your Furnace

Have you ever wondered (apart from all the different lines on your gas or electric bill) what exactly your furnace is costing you? Energystar.gov offers a way to calculate what your furnace is costing you, what it would cost to upgrade/upkeep and the percentages of possible savings. On this page, click on the "savings calculator" link (pictured in purple type). It is actually an excel spreadsheet that you download. In the spreadsheet are already set up formulas to help you calculate estimates of service prices and installation costs. (Please keep in mind that these are estimates, but still are a pretty good idea of what you can possibly save). I had a furnace and air conditioning system installed in my home this year, and these are my savings calculations: and this is my summary: So, according to the calculations, I will receive the initial costs of upgrading back within 4 years (because of the high savings), but it will save me $79 a month. If you ask me, it was worth it. Find out what you could be saving...