We've been researching fireplace inserts for the last couple of weeks. Our objective is to reduce our high utility bill. Our home is 3400 sq ft, a finished basement, first floor and bedrooms upstairs. We have followed all the energy saving guidelines from PSE&G, but our monthly utility bill is still high. My question to the forum is if you had the choice of installing a fireplace insert versus replacing a fifteen year old furnace whic option would be the most cost effective? Thanks