Cooler weather is becoming a realistic possibility in South Beloit and Belvidere, which means one thing: it’s time to set up your furnace service. However, it may not be that clear cut if your system is climbing up there in age and has been causing problems over the last few years.
Furnace replacement is an investment in your home, like nearly all other home improvement projects are. So how do you know if you should get that new furnace now or just get your annual furnace service completed?
At Fleming Heating & Air Conditioning Inc, we know that it can be a tough decision to make, so here are a few pointers to keep in mind if you’re not sure which way to choose.
1. Furnace Age
This is probably the biggest factor in to your decision, as furnace technology has improved a number of things, from energy efficiency to the amount of noise it gives off. If your equipment 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 average 12-15 year lifespan of a furnace doesn’t mean it can’t work well beyond that. If furnace service has been consistent and it has been well maintained, you might be able to go beyond that 12-15 year average.
2. Cost of replacing vs. servicing/repairing
There are always unique circumstances when it comes to determining the cost of replacing versus having furnace service and repairs done, but there are a number of things to keep in mind when assessing the two.
Furnace service
- Get multiple estimates to ensure you’re getting the best deal.
- Keep track of when your warranty expires and note what it covers so you’re always saving as much as possible.
Furnace replacement
- Furnace size will be calculated by the size of your home.
- Cost will fluctuate 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 solution.
Of course, these are only a couple of the variables, but the experts at Fleming Heating & Air Conditioning Inc are more than happy to help you determine which furnace is right when replacement becomes imminent. Give us a call at 877-389-2465 to find out what makes sense for both you and your budget.