Should You Replace Your Oil Furnace with a Heat Pump or Gas Furnace?

Posted On: November 20, 2020

An oil furnace can last 15 or 20 years by performing regular maintenance but it isn’t the most efficient option for heating your home in 2020. Thanks to the advancement of technology, central and ductless mini-split heat pumps and natural gas furnaces have outpaced the energy efficiency of oil furnaces. Some might argue comparing the energy efficiency of gas furnaces and heat pumps to oil furnaces is a bit like comparing oranges to apples, but gas furnaces and heat pumps are cleaner and typically cost less to operate than oil furnaces. When the time comes to replace your oil furnace, it is worth considering a new high-efficiency heat pump or gas furnace.

How will you know if it is time to replace your oil furnace?

  1. Frequent service calls and/or expensive repair bills. Frequent service calls are an indication that the furnace problems are starting to compound.  In fact, furnaces tend to have more breakdowns in the last years of their lives. Also, having to wait for replacement parts indicates difficulty sourcing for a furnace of its age. If your furnace is over 10 years old and needing frequent repairs, it may be time to look into replacement.
  2. Uneven temperatures and/or inability to keep the thermostat’s temperature setting. If you’re having trouble keeping your home or individual rooms at the right temperature, your furnace and/or duct system are not properly distributing the warm air. The most obvious sign that your furnace is struggling is when certain rooms or the thermostat are not reaching the desired temperature.
  3. New or increased noises. New or strange noises are clear signs that something is wrong with your furnace. Banging, popping, whistling, squealing, rattling, or the blower running excessively are all indications that your furnace is struggling and may need to be replaced.
  4. Increase in energy bills. Furnaces can lose energy efficiency as they get older, especially if they have not had regular maintenance. The price of oil can fluctuate greatly, so the current and future costs of oil will be the major factor in your heating bills. Natural gas and electricity will be much more stable sources of heat.

If you are still running on oil and considering a change, call Short Pump Heating & Air at 804-364-9040 to discuss your options! We offer free estimates and zero-interest financing on new systems. We can get you up and running efficiently and comfortably this winter!

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