When my husband and I bought our home, the furnace was extremely old and in bad shape.
Unfortunately, we couldn’t afford to replace it at the time.
There were too many repairs taking priority. We had broken windows to replace, a roof to fix and a long list of appliances to purchase. My husband and I planned to update the furnace within five years. Once again, other things took priority. My husband got into a car accident and the medical bills were a huge expense. The leaky roof needed to be entirely replaced and our water heater ruptured and flooded the basement. We ended up keeping that old heating system for twelve more years. Every winter, we complained about the high utility bills, chilly house and abundance of dust blowing from the vents. We set the thermostat as low as we could tolerate it and bundled up in sweaters. I made sure to regularly change the air filter and scheduled professional maintenance in the fall. Every year, the HVAC technician who cleaned and tuned the furnace would warn me that the system wasn’t going to last much longer. By keeping that old furnace running, we felt like we were saving money. We held off buying a new heating system for as long as possible. The furnace eventually quit in the middle of a January blizzard, when the outside temperature was down to eight degrees. We had to take out a loan and rush to get a new heating system installed. The process was inconvenient and stressful. Once the new furnace was up and running, we realized we should have made the investment when we first moved in. Not only does the modern furnace provide a far more comfortable, cleaner and healthier living environment, but we’re paying way less in energy bills. The savings over the years would easily have recovered the initial investment.