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When installing a new furnace, it's a good time to consider other projects that can enhance your home's energy efficiency. A great first step is to get a home energy audit, which will identify areas for improvement. Common recommendations include sealing or replacing windows and adding insulation to the attic. These upgrades can help you save money on monthly utility costs. You might also consider installing a smart thermostat to make heating your home more convenient and efficient.

R-value measures an insulation material's thermal resistance, indicating its ability to resist heat transfer. A higher R-value signifies better insulation performance because the material is more effective at slowing heat flow. The R-value depends on the type, thickness, and density of the insulation material, such as fiberglass, foam, or cellulose. Each inch of insulation typically provides an R-value between 3 and 8. There is no single universal R-value; the optimal choice depends on your climate zone. Colder climates require a much higher R-value than warmer ones to maintain energy efficiency, keep the home warm in winter and cool in summer, and manage costs.

Dryers are designed to use as little electricity as possible, but power is still required to run the motor that turns the drum and to heat an element that pumps hot air. Eco devices are available and may lead to cost savings in the long term, but you should run the figures before committing to an eco-friendly device as they are often much more expensive to purchase.

String lights require electricity, but not an excessive amount, especially when compared to other lighting fixtures. LED rope lights, for instance, consume around one watt per foot. Running six or seven light strings simultaneously should only cost you around $10 to $15 each month. You can save even more money by remembering to turn off your lights during daylight hours.