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With home heating costs expected to rise this winter by an average of 10.5% ... Install a Smart Thermostat. Average cost: ... trouble and cost of installing new insulation and a smart thermostat ...
A drawback is the installation cost, which can be slightly higher than traditional HVAC systems. Energy efficiency can be improved even more in central heating systems by introducing zoned heating. This allows a more granular application of heat, similar to non-central heating systems. Zones are controlled by multiple thermostats.
The energy cost of heating is one of the main costs of operating a building in a cold climate. Some central heating plants can switch fuels for reasons of economy and convenience; for example, a home owner may install a wood-fired furnace with electrical backup for occasional unattended operation.
Gas water heaters cost between $600 and $2,700 to replace, for an average cost of about $1,650. Electric water heaters cost between $600 and $3,500 to replace , for an average cost of about $2,100.
The second category of furnace is the forced-air having atmospheric burner style with a cast-iron or sectional steel heat exchanger. Through the 1950s and 1960s, this style of furnace was used to replace the big, natural draft systems, and was sometimes installed on the existing gravity duct work.
The initial cost can be two to five times that of a conventional heating system in most residential applications, new construction or existing. In retrofits, the cost of installation is affected by the size of the living area, the home's age, insulation characteristics, the geology of the area, and the location of the property.
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