Budgeting For Your Home Heating How Different Heating Solutions Work

Budgeting For Your Home Heating: How Different Heating Solutions Work

The US Energy Information Administration reveals that homeowners spend about $1,400 on electricity. And almost 50% of that budget accounts for heating and cooling, according to move.org. Heating systems are essential parts of the home, but they can be more costly to run than other energy-consuming appliances in your house. Fortunately, heating systems come in various sizes and models to accommodate different types of homes.

If you’re looking to install a new heating appliance, take the time to familiarize yourself with multiple technologies. Then compare prices and create a budget that fits your specific needs. So, how can you budget your home heating? Check out how different heating solutions work.

Furnaces

Furnaces use various fuels, including propane, electricity, gas, and oil, to provide heat in living spaces. However, many homeowners prefer gas-powered furnaces because they can provide cooling during the hot season. Since gas furnaces rely on a forced air distribution system or ductwork, adding a heat pump or air conditioner ensures cool air circulates in your home when it’s hot.

Other benefits of choosing a gas furnace include high energy efficiency 80-99% for newer models and a long life expectancy of between 15 to 30 years. Not to mention, furnaces are also inexpensive to maintain.

Radiant Floor Heating

Radiant floor heating distribution systems provide electric heat or hot water through special tubes installed under the floor. That way, heat is delivered directly from flooring surfaces to occupants in a room through radiation. There are several benefits linked to radiant heating like increased efficiency and reduced indoor air pollution because radiant heat systems don’t distribute allergens like forced air heating appliances. Compared to furnaces, the cost of running radiant floor heating systems is relatively cheaper. In fact, the US Department of Energy reports you can save 25-50% on energy bills when you opt for radiant heating.

Heat Pumps

If you intend to install a system that doubles as a home heating and cooling solution, a heat pump should be your top consideration. These systems gather heat from the surroundings and release it inside your home for heating. When it’s hot, they pull heat from the inside and discharge it outdoors. Heat pumps are efficient than other heating systems, but they perform well in moderate climate areas.

Understanding the different types of home heating solutions is a crucial step. You will have an idea of how heating systems function and budget accordingly. When budgeting for your home heating, be sure to factor in the buying price, installation, and maintenance costs.

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