It’s happened again. You’re looking at more costly furnace repairs. Should you keep piecing your aging furnace back together, or should you finally give in and replace it? Considering these factors can help you determine whether you might be better off repairing or replacing your home heating unit.
Reviewing your furnace repair receipts and considering the potential cost of future maintenance can be a real eye-opener, particularly since these costs typically increase over time. Trustworthy HVAC repair technicians will tell you – if the cost of furnace repairs is about a third the cost of purchasing a new furnace, you’d be better off investing in a newer model.
Has the warranty for your older home heating system nearly run out? If this is the case, and furnace repair needs are increasing in frequency, replacing your aging furnace now, before it leaves you shivering in winter weather extremes, could be a smart move.
If your furnace is more than 10 years old, it’s probably not worth the continued expense of repairs. Furnaces have a 15-year life expectancy, 20 max. Older furnace technology is also significantly more inefficient. With new Energy Star furnace models boasting a performance of 97% (near-total efficiency), you can quickly recoup furnace upgrade costs in energy savings.
Older furnaces offer about 60-80% efficiency. This translates to 20-40% of your energy dollars going up in smoke. Investing those wasted energy dollars in a new furnace instead offers more for your money – including a more comfortable home with lower energy bills. How can you tell if your furnace is inefficient?
When it’s finally time to replace your furnace, look to these new system features to ensure lasting happiness with your investment:
There are many opportunities for savings when upgrading to newer, more efficient home heating systems. Energy Star models typically offer the best rebates and incentives. Your local utility company, city, and county may also provide additional financial incentives toward more efficient furnace models, which reduce strain on the power grid.
Don’t wait until your furnace is irreparable before taking action. Get a trustworthy quote on a new home furnace from H & H Heating & Air Conditioning today.