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How to Pay for a New Furnace This Winter

November is proving to be an unusually active time for snow in our area. With winter quickly on its way, you may be thinking how to pay for a new furnace if yours needs replacement. 

If your furnace is over 15 years old, has had multiple repairs, or isn’t keeping your family warm, it may be time for replacement.

Don’t let the sticker shock scare you or make you postpone the decision. Waiting to the last minute to replace your furnace can lead to emergency repairs when it fails.

If you need a new furnace, read these tips on how to pay for it:

Check for Heating Incentives

Your local utility provider, such as Ameren Illinois may have rebates and incentives to help you replacement your old equipment.

The have both income based and standard incentives:

Ameren Illinois Home Efficiency Income Qualified Program – This program is designed to help low to middle income families replace outdated equipment with new, energy efficient units. You can click here to apply.

After you apply, Ameren will reach out to you on the next steps including an energy audit done on your home to see where your current equipment is efficiency wise as well as check your insulation levels and look for safety issues.

Ameren Illinois has HVAC contractors, like Energy Stars Heating & Cooling Co, to complete the hands work including replacing your old units.

Ameren Standard Incentives – This program provides incentives for heating and cooling equipment including:

  • Central Air Conditioning
  • Air-Source Heat Pump
  • Gas Furnace Blower Motor
  • Smart Thermostats

Like the Income Qualified Program, the contractor performing the install must be an Ameren Registered Program Ally. This is a great program to look into if you or your home doesn’t qualify for the Income Qualified Program.

Please contact us if you would like more information on Ameren rebates.

Furnace Financing & Factory Rebates

Financing – Our company also provides flexible financing with interest rates starting as low as 4.99%. If you’re interesting in applying for financing, we can let you know your approval status as soon as 24 hours.

Factory Rebates – As a proud YORK® Certified Comfort Expert, we can make sure you will receive all right rebates to help alleviate the cost of a new system.

No matter your situation, Energy Stars Heating & Cooling Co wants to help you stay warm this winter. If you’re worried about your furnace failing or how to pay for a new furnace, call us at 618-477-8337 or leave us a message here.

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