When your Mount Vernon TX home or business is in need of a new furnace, you may feel concerned about the cost of installing this piece of equipment. While the cost of a new furnace in Mount Vernon TX does require an initial investment, there are many financial upsides to this expense. At Wood Air Conditioning & Plumbing, our experienced heating and air conditioning service technicians offer advice about the financial benefits of installing a new furnace in Mount Vernon TX. Lower Utility Bills Whether your heating system runs on gas, oil or electricity, it is likely the biggest consumer of energy in your entire home or building. Heating equipment that is more than 15 years old is considerably less efficient than today’s modern systems. While your decades old furnace may have an AFUE rating of 50 to 60 percent, installation of a new one will bring that up to an 80 to 90 percent AFUE rating. This means that your utility bills could decrease by 30 to 40 percent each month of the heating season. In short, your investment could pay for itself within just a year or two of use. Greater Resale Value If you are considering listing your home or business for sale on the real estate market, a new heating system is a great draw for potential buyers. Most buyers are seeking a property that they can move into without taking on expensive upgrades and modifications. New heating equipment reduces the initial expenses and upkeep for the potential buyer. Your home or building will likely sell faster and for a better price after you install a new heating system. Lower Taxes You might qualify for a tax credit or reduction simply by installing a more energy efficient heating system in your home or business. There are various federal and state programs to reduce your tax burden when you install an Energy Star rated piece of heating equipment. Rebates and Financing Many manufacturers of heating equipment offer rebates when certain makes and models are purchased. Most of these require the purchase of an energy efficient or Energy Star rated unit. In addition, there are various financing programs to make the cost of purchasing a new heating system more manageable. Financing is available with approved credit. Ask for details. At Wood Air Conditioning & Plumbing, our dedicated team of HVAC technicians has many years of experience in helping our residential and commercial customers in increasing their understanding of the financial upside of furnace installation. By offering affordable installation services, a wide range of furnace types and information about financing of your new heating equipment, we hope to reduce the financial impact of this process. In bringing to you the best in class customer service in the Mount Vernon TX area, we hope that you will continue to contact us with all of your heating, ventilation and air conditioning needs.