Cooler weather is becoming a realistic possibility in Racine, which means one thing: it’s time to schedule your furnace service. However, it’s possible may not be that straightforward if your system is beginning to get up there in age and has been causing problems 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 get that new furnace now or just get your annual furnace service completed?
At Keystone Heating & Air Conditioning Co., Inc, we know that it can be a difficult decision to make, so here are a few pointers to keep in mind if you’re not sure which route to choose.
1. Furnace Age
This is more than 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 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 normal 12-15 year lifespan of a furnace doesn’t mean it can’t work well beyond that. If furnace service has been scheduled regularly and it has been correctly maintained, you might 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 assessing the two.
- Get multiple estimates to ensure you’re getting the best deal.
- Keep track of when your warranty is up 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 differ depending on the level of energy efficiency you’re wanting.
- The higher the AFUE rating, the greater the chance for energy savings.
After you calculate the costs of both choices, 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 small number of the variables, but the experts at Keystone Heating & Air Conditioning Co., Inc are more than happy to help you choose which furnace is right when replacement becomes a necessity. Give us a call at 262-358-9468 to find out what makes sense for both you and your budget.