Cooler weather is becoming a real possibility in Shelby, which means one thing: it’s time to schedule your furnace service. However, it’s possible may not be that cut and dry if your system is climbing up there in age and has been causing issues over the last few years.
Furnace replacement is an investment in your home, like many other home improvement projects are. So how do you know if you should spring for that new furnace now or simply get your annual furnace service completed?
At Hopper Heating and Air, we know that it can be a difficult decision to make, so here are a few things to keep in mind if you’re uncertain which path to choose.
1. Furnace Age
This is most likely the biggest factor in to your decision, as furnace technology has improved quite a few things, from energy efficiency to the amount of noise it puts out. If your furnace is more than 12 years old, it may not make sense to put a lot of money in to repairs when you could be setting aside that money towards a new system.
However, the typical 12-15 year lifetime of a furnace doesn’t mean it can’t work well beyond that. If furnace service has been scheduled regularly and it has been well maintained, you may be able to go beyond that 12-15 year average.
2. Cost of replacing vs. servicing/repairing
There are always unknowns when it comes to determining the cost of replacing versus having furnace service and repairs done, but there are a few things to keep in mind when considering the two.
- Get multiple estimates to make sure you’re getting the best deal.
- Keep track of when your warranty runs out and note what it includes so you’re always saving as much as possible.
- Furnace size will be calculated by the size of your home.
- Cost will vary depending on the level of energy efficiency you’re wanting.
- The higher the AFUE rating, the greater the chance for energy savings.
After you figure out the costs of both options, keep this helpful tip in mind: if your furnace service and repair is going to cost 1/3 or more of the cost of a new furnace and your system is between 12-15 years old, furnace replacement may be the better long-term choice.
Of course, these are only a few of the variables, but the experts at Hopper Heating and Air are more than happy to help you determine which furnace is right when replacement becomes imminent. Give us a call at 704-233-7363 to find out what makes sense for both you and your budget.