Should I repair or Replace my Furnace
Homeowners have to make a difficult decision when their aging furnace starts to become problematic – to hire a professional to repair the unit or to replace it with a brand new model.
There is no right or wrong choice to make when faced with making this type of decision, but there are a few factors that can influence a homeowner’s decision. The following are some situations and factors that will help homeowner’s decide to repair or replace an aging furnace.
The Age of the Furnace
Furnaces that are more than 12-15 years old should be replaced. While these types of furnaces can be repaired, it is often more cost effective to replace it completely than to make repairs.
Replacing an older furnace with a new model comes with a number of benefits due to the advanced features and improvements added by manufacturers.
Homeowners will see benefits that include:
• Better air quality
• Lower utility bills as the unit is more energy efficient
• Ability to produce even temperatures that improve the comfort of a home
Frequency of Repairs
Many homeowners find that once a furnace has undergone repairs, it seems as if every other month there is a new problem. If the time between repairs seems to be getting shorter and shorter, it may be time to consider replacing that aging furnace with a newer model.
A newer furnace model may cost more than a single repair, but if the unit is experiencing a need for frequent repairs it could be costing the homeowner more in the long run. Replacing the aging unit with a newer model could save the homeowner money, as the need for repairs is eliminated.
The Cost of the Repairs vs. Price of a New Unit
Occasionally, repairing an aging furnace may be more cost effective. Homeowners should hire a professional HVAC company to assess the situation. An HVAC company will be able to provide homeowners with a better understanding of what is causing the problem and an estimate of how much it will cost to fix/repair the unit.
If the cost of repairs is more than 50% of the price of a new unit, it may be more cost-effective to purchase a newer furnace. While the repairs would essentially be cheaper, the unit may experience more problems in the future that will result in the homeowner paying more in the long run.
Making the decision to repair or replace an aging furnace is not always an easy decision to make. An HVAC professional can often help with the decision making process. Contact One Hour Heating & Air Conditioning today to request a visit from an experienced and trained HVAC professional who can help you make a decision on whether to repair or replace, and even help with the repairs of the old unit or installation of a new unit.