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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 Many homeowners continue using outdated furnaces, unaware that rising energy bills, frequent repairs, and declining performance could be costing them far more than a replacement would.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furnace (with an AFUE rating of 90% or higher) can significantly reduce your energy costs compared to an outdated model.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 iqster in Toronto on Twintech Heating and Cooling

Received a new range and needed someone to disconnect the old range and connect the new gas range. They did a thorough job and were kind enough to remove the old range from the house. Thank you!

by AJM in Pickering on Twintech Heating and Cooling

Very satisfied with this company! Salesperson Dave was very good, very knowledgeable and gave me the impression that he wanted to sell me what I needed rather than what would put the most money in the company's pocket. He also called back after the installation to see if I was satisfied with the result. The installation crew of Greg, Grant and Peter did a great job. They arrived on time, completed the job quickly, answered all my questions and thoroughly cleaned up. They told me to call if I had any further questions. They left me with the impression that they really cared about their work and my satisfaction and that it wasn't " just a job". Prior to researching for a new furnace, I had never heard of this company but I'm glad that I did and would highly recommend them to anyone looking for a new furnace or air conditioning unit. They may be small but they do a great job!!

by David from Toronto on Twintech Heating and Cooling

I first met Greg and Grant (The Twin Brothers from Twin Tech - yup -it's not just a cool company name) back in 2014 when our furnace broke down and they installed our Carrier Furnace and AC that we purchased through Sears. I liked them instantly when I met them due to their friendly and professional service, and the fact that they didn't mind taking a little extra time to explain things in terms I could understand. Since that time they have reached out to me at least once a year to ensure that everything was running smoothly with my system and to keep me appraised of their evolving services. Due to this high level of proactive customer service I didn't hesitate to call and obtain their help for a Gas Stove removal and installation. When I scheduled the call Greg and Grant let me know that they would arrive the morning of the appliance delivery to disconnect the old gas stove, and then return in the afternoon to connect the new stove. Sure enough, they did just that as promised. Where they exceeded my expectations is with the extra level of support helping to assemble the burners and grills on the stove and in the oven. This may seem like a small thing to some but to my wife who was at home during this entire process it meant a stress free transition to the meal prep for the day. When I called home to ask about the install she commented that, "they left the place cleaner than it was when they arrived and they setup all the grills on top of the stove and in the oven... they didn't have to do all that -Wow!". You know what they say, Happy Wife, Happy Life. So in summary, I am recommending Twintech Heating & Cooling for all of your Furnace, Air Conditioning, and Gas Line needs. I've even called on these guys to help swap out a leaky water valve. They are just so easy to reach and communicate with by phone, and they don't mind a text message to confirm the details. You can rest easy when you have the Twins on your side as an extension of your household maintenance plan.

by Jr in Pickering on Twintech Heating and Cooling

First thing, they actually showed up for a quote. Other big name companies in the area didn't even return my call , job was done as expected and new equipment is quiet and installed very clean and professional. Would highly recommend these guys.

by Melissa P. from Port Hope on Twintech Heating and Cooling

They removed our old furnace and replaced it with a new furnace and AC system.

by Nancy H. from Oshawa on Twintech Heating and Cooling

Work was performed in a clean and timely manner. The furnace and metal work was performed by the Twintech team (did not require separate contractor to do the metal work). Energy audit was arranged and promised rebates were received. The overall price was very competitive. We have recommended Twintech to several of our friends and family. Awesome job.

by Syd from Whitby on Twintech Heating and Cooling

Grant and Greg installed a heating and AC system in our new Linwood post and beam home. Post and beam can be challenging structures for running ductwork and their high ceilings and open concept frequently frustrate efforts at balancing air flow and controlling temperatures. But these guys did it and did it right the first time. Even the building inspector was impressed with what he saw. More importantly, the boys brought a high degree of trust and integrity to the job. Something in short supply these days.

by jenner iksmom from Oshawa on Twintech Heating and Cooling

Very polite and professional. They removed my o
ld furnace and A/C and installed my new ones. They were efficient and thoroughly cleaned up when they were done! I would highly recommend them!

by Rob from Toronto on Twintech Heating and Cooling

Pro from start to finish. They were able to fix my gas fireplace at very little cost as well.

by murray mcmichael from Ajax on Twintech Heating and Cooling

Excellent installation very knowledgeable gentlemen! Would highly recommend them to all my friends for any hvac work !

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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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