Deciding Between Repairing or Replacing Your Furnace
When faced with a malfunctioning home heating system, homeowners arrive at a crossroads of deciding between repairing the current furnace or investing in a new one altogether. At Heat and Cool Brothers Inc., we can provide clients with a High-Efficiency Furnace as well as quality advice when it comes to deciding whether to repair or replace this system. Join us in this guideline as we walk you through the decision-making process with a focus on considering the key factors, including the age of the unit, the cost to repair, and how to save on future utility bills.
Assessing the Need for Repair
If your furnace is experiencing issues, a simple repair could be the solution. To make the best financial decision for your unit, it is best to only invest in repairs when they will be beneficial in prolonging the lifespan of the unit. For example, replacing the filter or installing a new thermostat are simple and inexpensive fixes that are worth it. However, before deciding to invest in a repair, first consider the age of the unit. If the unit is less than 10 years old and in good condition, a repair is presumably a good option.
To summarize this, the best scenarios for repair are:
- The unit is under 10 years old
- The furnace is still under warranty
- Repairs cost less than one-third of replacement
Assessing the Need for Replacement
On the other hand, if your furnace has been poorly maintained or is near the end of its lifespan, replacement may be the better choice. When you combine the cost of repair with the loss of efficiency, together this spending could be enough to purchase a completely new furnace. If you are contemplating a new furnace purchase, consider choosing a new high-efficiency furnace. A high-efficiency furnace can lower your utility bills as a result of saved heating costs, this unit can reduce your home’s carbon footprint by producing fewer greenhouse gas emissions, it can feature quiet operation, it can have a longer lifespan, and you may be eligible for rebates and incentive programs.
To summarize this, the best scenarios for replacement are:
- The cost of repairs approaches 50% of the cost of a replacement
- The furnace requires frequent repairs
- You’ve experienced humidity issues or declining air quality
- The furnace is more than 15 years old, or your heat pump is over 10 years old
Contact The Experts at Heat and Cool Brothers Inc.
At Heat and Cool Brothers Inc., our team understands the importance of having a reliable and efficient heating system for your home. Therefore, whether you are facing the need for a furnace repair or replacement, our company is here to assist you. By providing expert insight and advice, we can guide you through your options and present you with a solution that is best for your home. To hear more about high-efficiency furnaces or to help you make an informed choice for your home’s furnace, contact our team. You can reach our team at 1-855-999-1660 today.
