Cooler weather is becoming a realistic possibility in Paxinos, which means one thing: it’s time to set up your furnace service. However, it’s possible may not be that straightforward 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 most other home improvement projects are. So how do you know if you should buy that new furnace now or arrange to get your annual furnace service done?
At LTS Plumbing & Heating Inc., we know that it can be a hard decision to make, so here are a few pointers to keep in mind if you’re uncertain which route to choose.
1. Furnace Age
This is more than likely the biggest factor in to your decision, as furnace technology has improved a lot 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 applying that money towards a new system.
However, the average 12-15 year lifecycle of a furnace doesn’t mean it can’t operate well beyond that. If furnace service has been routine 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 identifying the cost of replacing versus having furnace service and repairs done, but there are a few things to keep in mind when assessing the two.
- Get a few estimates to make certain you’re getting the best deal.
- Keep track of when your warranty is up and note what it contains so you’re always saving as much as possible.
- Furnace size will be figured out by the size of your home.
- Cost will differ depending on the level of energy efficiency you’re searching for.
- The higher the AFUE rating, the greater the chance for energy savings.
After you figure out the costs of both routes, 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 option.
Of course, these are only a couple of the variables, but the experts at LTS Plumbing & Heating Inc. are more than happy to help you choose which furnace is right when replacement becomes imminent. Give us a call at 570-648-0748 to find out what makes sense for both you and your budget.