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Signs Your Old Furnace Is Costing You More Than You Think

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Signs Your Old Furnace Is Costing You More Than You Think

Posted On: February 14, 2025

Signs Your Old Furnace Is Costing You More Than You Think

Your furnace plays a critical role in keeping your home warm and comfortable, but an aging or inefficient unit could be draining your wallet without you realizing it. Many homeowners continue using outdated furnaces, unaware that rising energy bills, frequent repairs, and declining performance could be costing them far more than a replacement would. Here are the top signs your old furnace is costing you more than you think.


1. Higher Energy Bills

Have you noticed a steady increase in your heating bills despite using your furnace the same way? Older furnaces become less efficient over time, working harder to heat your home. A high-efficiency furnace (with an AFUE rating of 90% or higher) can significantly reduce your energy costs compared to an outdated model.


Tip:

Compare your recent utility bills to the same time last year. If your costs have risen without extreme weather changes, your furnace may be the culprit.


2. Frequent Repairs Add Up

If you’re constantly calling an HVAC technician to fix your furnace, those repair bills can add up quickly. While routine maintenance is essential, an older furnace that requires frequent fixes may be more expensive to maintain than replacing it with a new, energy-efficient unit.


Rule of Thumb:

If repair costs are more than 50% of the price of a new furnace, it’s time to consider a replacement.


3. Uneven Heating Throughout Your Home

Do you have rooms that always feel colder than others? An aging furnace may struggle to distribute heat evenly, leaving some areas of your home too cold while others are too warm. This inefficiency not only affects comfort but also forces your furnace to work harder, increasing energy usage.


What to Do:

Check for inconsistent temperatures throughout your home. If certain rooms are significantly colder, your furnace may be failing.


4. Your Furnace Runs Constantly

A furnace that runs nonstop or cycles on and off too frequently may be struggling to maintain the set temperature. This overworking leads to excessive wear and tear, reducing the furnace’s lifespan while increasing energy costs.


Potential Causes:

  • Aging components
  • Failing blower motor
  • Clogged air filters
  • Inaccurate thermostat readings

5. Strange Noises or Smells

Unusual sounds like banging, rattling, or screeching often signal internal issues, such as loose components, failing motors, or cracked heat exchangers. Additionally, strange smells—especially a burning or musty odor—could indicate overheating, dust buildup, or even mold growth in your furnace system.


When to Be Concerned:

  • A metallic or electrical burning smell
  • Persistent rattling or banging noises
  • Musty odors from air vents

6. Your Furnace Is More Than 15 Years Old

Most furnaces last between 15–20 years, but as they age, their efficiency declines. If your furnace is over 15 years old and showing signs of wear, upgrading to a modern, high-efficiency unit can save you money on repairs and energy bills.


Check the Age:

Look for the manufacturer’s label on your furnace or check your owner’s manual to determine its age.


7. Poor Indoor Air Quality

Older furnaces can contribute to poor indoor air quality by circulating dust, allergens, and mold spores throughout your home. If you or your family members are experiencing increased allergy symptoms, dry air, or excessive dust buildup, your furnace may be the cause.


Solution:

Consider upgrading to a furnace with a built-in air filtration system or pairing it with a whole-home air purifier for better air quality.


When to Replace Your Furnace

If you’re experiencing multiple issues listed above, it may be time for a furnace replacement. Investing in a new, energy-efficient furnace can:
✅ Lower your energy bills
✅ Improve home comfort and air quality
✅ Reduce repair and maintenance costs
✅ Increase the overall value of your home


Don’t wait until your furnace fails completely! Contact a professional HVAC contractor today to explore your replacement options and start saving on heating costs.



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See What Our Customers Are Saying:

by gerard harrington from Ajax on Twintech Heating and Cooling

Greg and team were amazing! All interaction via email and text 100% professional. From consult to product recommendation their service was phenomenal!

Installed a Napoleon furnace (ecm dc drive variable 2-stage) and it was a game changer for the whole house. Blended air temperature through and through the entire house and it’s saving us money by cutting down our utility bill by ALOT!

by D &. from Whitby on Twintech Heating and Cooling

We purchased a new cooling & heating system from Twintech and the team was fantastic. From sales to installation, the team were great to work with. Friendly (our dog even enjoyed having them over), professional and accommodating. I’d recommend Twintech in a heart beat to anyone. Superb customer service.

by Anonymous from Pickering on Twintech Heating and Cooling

End to end service. From quote, overseeing installation, contacting and making arrangements for energy audit. Warranty program is comprehensive. Cleaned up mess of assistant walking through my place without proper indoor foot covering when I pointed out that I was not happy about footprints on my floors.

by Bob S in Pickering on Twintech Heating and Cooling

In April we hired Twintech Heating & Cooling to replace our 20 year old water tank & 35 year old air conditioner. We got 5 estimates for the job & decided to go with Twintech for the following reasons.

- The Sales Manager, Dave, was very personable & knowledgeable as all of our questions were answered. (We had a list of questions we asked each of the contractors when we got the estimates)
- We got 5 estimates for the job. All contractors verbally told us they had the required qualifications but Dave was the only one to physically show us their license & insurance documentation.
- Twintech carried the Napoleon air conditioner & we wanted to support Canadian industry as it is assembled in Barrie On.

Safety is important at Twintech as demonstrated when we discussed with Dave, the need to change our install date because of freezing rain. Access was required by navigating a set of outside steps & Dave identified that safety took precedence.
On the installation date, Greg, Peter & Grant showed up on time & methodically accomplished the removal & installation of both units. The guys did a great job cleaning up as well.

When the job was completed we mentioned to Greg that we were pleased with the work they had done & were going to have them come out & do our furnace inspection in Sept. Greg said we can save our money as he had inspected the heat exchanger on the furnace while doing the job & there was no need to have another inspection in Sept. We were very impressed with Greg’s initiative. This is top shelf service. Thank you Greg.

As the weather was too cool to complete a functional test of the air conditioner on the installation date, Dave made a follow-up call to us to see how things were going & Greg also came out to check the operation. No problems.

We are very happy we hired professionals like Dave, Greg, Grant & Peter & have no hesitation in recommending Twintech Heating & Cooling. They will now be our "go to" guys.

by ted diplock in Toronto on Twintech Heating and Cooling

These guys are the best. From start to finish they exceeded my expectations and delivered a great product. They accommodated the nuances of my 100 year old home which was really appreciated. The install was easy to schedule and done fantastically. I’m so excited to have an efficiently heated and cooled home.

by Private User from Kitchener on Twintech Heating and Cooling

Twintech were fast and efficient contractors. It only took 48 hours between an initial home visit and complete installation. The workmen were polite and hardworking. The site was left clean with the old furnace etc. removed. They helped arrange an environmental assessment in order that I could receive the maximum rebate. They even called me within a week to determine if I was satisfied with their work and to reassure me that I could call them anytime I experienced heating difficulties or had any questions. I recommend Twintech for your heating problems.

by dlcarroll in Vaughan on Twintech Heating and Cooling

Courteous and professional service from initial consultation through to the installation. We highly recommend Twintech for outstanding service in the industry. Competitive pricing, professional and accurate advice, attention to detail, respect for their client's home and cleaning up at the completion of installation.

by TraceyG from Toronto on Twintech Heating and Cooling

Last night was the coldest day of the year so far and I woke up to my house being 54 degrees... I called Twintech at 2:45am and Greg was on site by 3:30am. The furnace required a part and he returned to his shop and came back to my home around 4:15am, furnace up and running by 4:30am. THANK YOU TWINTECH! Your service is second to none.

by Cristelle from Ajax on Twintech Heating and Cooling

After much research & getting 4 quotes, we hired Twintech team for our new furnace installation, prices were fair, they carried great product brands & more importantly installation was expertly done by one of the owners (Greg & his assistant Peter) which gave me an added piece of mind. Dave was very organized & answered all my questions in great detail, especially re: the Enbridge & Govt. rebate program.

by David from Pickering on Twintech Heating and Cooling

My old air conditioner was 20 years old and developed a Freon leak and it was more cost effective to replace rather than repair. There are a large number of heating and air conditioning companies available in my area so I contacted several for quotes. Twintech heating and cooling responded quickly to the inquiry I left on their website and their sales person Dave came by the following day. He was knowledgeable about the field and was able to show copies of the various refrigeration and gas fitting licenses along with workmens compensation, TSSA and other certifications. He also suggested a particular manufacturer and model of AC unit appropriate to my house and gave me a quote. Since the price was reasonable, service had been good and the reviews on the internet were also good, I decided to purchase an AC unit from them. Installation was quickly scheduled. They showed up on time, did a good job installing the new unit including some sheet metal work to get the new heat exchanger to fit in the furnace duct, and cleaned up afterward. In addition, they noticed that my existing AC was installed too close to the furnace exhaust (based on building code) and were able to mount the new AC the appropriate distance from the exhaust. Overall, they did an excellent job and were a pleasure to work with.

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See What Our Customers Are Saying:

by Aaron on Twintech Heating and Cooling

We are very happy to recommend this company to everyone. Our furnace broke down on Sunday morning. We phoned them and before noon Grant the owner showed up. He worked on the furnace for about a hour not wanting to give up to fix the problem. The furnace was 17 years old. I was the one talking about replacing it. End result was the next day it was all done. On the Sunday Bob came over with heaters to warm up the house. We decided to replace the water heater at the same time. Thanks Grant for the excellent work. Thumbs up.

by Linda on Twintech Heating and Cooling

Right on time. Explained how to work the HRV in a different way so the house would not be so dry. Changed my whole house water filter for me as well. Friendly, helpful, caring service!

by Robert Rogers on Twintech Heating and Cooling

Very pleased with the professional service that TwinTech Heating and Cooling provided in replacing my furnace. I got several quotes from different service providers. Their price was excellent and they explained the features very well. We are very glad we went with TwinTech and highly recommend their services.

by Robert Mizuno on Twintech Heating and Cooling

We were new homeowners in need of a second opinion. TwinTech Heating & Cooling were Amazing and professional. Very knowledgeable and great service all around. Recommend to anyone looking for honest and reliable services. Treated with respect and care. Thank you Greg, Mitch and Bob!

by Ruth on Twintech Heating and Cooling

TwinTech is an excellent and honest company! I called them for a second opinion after being told by another company that I needed to replace my furnace. Turns out this was not the case at all! I did not need a new furnace. TwinTech did not push to make an unnecessary sale and saved me from a huge expense. Bob and Mitch were extremely professional and above all honest! I definitely recommend TwinTech!

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