Quick Answer: How much more efficient are new electric furnaces?

An electric furnace is the more efficient of the two. It may have an annual fuel-utilization-efficiency (AFUE) rating as high as 100 percent. Gas furnace ratings range from 55 to 97 percent.

Are newer electric furnaces more efficient?

More efficient, but costs more to run

While electric furnaces are far more efficient at converting their energy source (electricity) into heat than other types of furnaces, this efficiency is counterbalanced by the market prices of each energy source.

Will a new electric furnace save me money?

Your New Furnace Will Save on More Than Just Gas Costs

If you’re thinking about buying a new furnace, there is more than just gas savings to consider. A new furnace will also save on electric costs by using a more efficient fan motor that will run less since you will heat more efficiently.

Are old electric furnaces efficient?

If your gas furnace is more than a decade old, then its efficiency is no more than 85%. The latest gas furnaces are roughly 90% efficient, although the price of the unit increases with its efficiency rating. The efficiency range of an electric furnace is very simple; all modern electric furnaces have an AFUE of 100%.

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Are electric furnaces expensive to run?

While the up-front costs might be tempting, electric furnaces cost more to operate monthly. Electricity is more expensive per unit than natural gas, making the lifetime cost higher than gas heating. Electric heating takes more time. The heat from your furnace won’t reach the high temperatures of a gas furnace.

How efficient is a 20 year old electric furnace?

20-year-old furnaces have an annual fuel utilization efficiency, or AFUE, of 78% or less, according to the U.S. Department of Energy. … A 78% AFUE furnace uses 78% of the energy it consumes to heat the air that makes it into your home, while the other whopping 22% is lost to inefficiency.

Is it cheaper to heat with gas or electric?

Electric Heat. Less expensive to operate: Almost everywhere in the country, natural gas is significantly cheaper than electricity. … If you live in a cold climate and run your heater a lot during the winter, a gas furnace can save you money over the long run.

Is an electric furnace a good idea?

An electric furnace also eliminates the need to order deliveries of propane or heating oil. Electric furnaces are highly efficient. Some of the heat produced by gas furnaces is lost with the gases ventilated from the home. By contrast, all or nearly all of the heat produced by electric furnaces is maintained.

How much do you save with an energy efficient furnace?

Energy Efficiency

By way of comparison, older units have an AFUE rating of between 56%-70%. That equals a lot of wasted energy. In fact, it has been shown that modern high-efficiency furnaces can save you up to 45% of your fuel bill compared to older and less-efficient heating systems.

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Do high efficiency furnaces run more often?

Yes. A high-efficiency furnace should be running at least 80 percent of the day, switching on two to eight times each hour. … Your furnace runs more often to save you energy and money.

What size electric furnace do I need for a 2000 square foot home?

Quick View – Recommended Electric Furnace Size at a Glance

Room Size Electric Furnace Size for Hot Climate (Zone 1&2) Electric Furnace Size for Warm Climate (Zone 3)
1,500 sq ft 14 – 16 kW 16 – 18 kW
1,600 sq ft 15 – 17 kW 17 – 19 kW
1,800 sq ft 16 – 19 kW 19 – 22 kW
2,000 sq ft 18 – 21 kW 21 – 24 kW

How can I make my electric furnace more efficient?

These seven simple tips will ensure your furnace isn’t using too much energy — which will save you cash.

  1. Change the air filter. …
  2. Check and clean the vents. …
  3. Clean out the furnace. …
  4. Rethink the thermostat. …
  5. Put a sweater on. …
  6. Get a tune-up. …
  7. Upgrade your equipment.

How efficient is a 40 year old electric furnace?

Today’s furnaces versus those of 40 or 50 years ago will average between 13 and 20 years of useful life. … A modern furnace can achieve up to 98.5 percent efficiency in much less space and with greater reliability than the old clunkers.