The decision to repair or replace a malfunctioning furnace is a common dilemma among homeowners. There are several factors to consider in this situation, including the age and efficiency of the furnace, the frequency and cost of repairs, and the potential expenses of replacement.
In this post, a heating and AC repair company offers valuable insights to guide your decision-making process.
Consider the Age of Your Furnace
The age of your furnace significantly impacts your decision to repair or replace it. An older furnace, typically over 15 years, may require more frequent and costly repairs. Additionally, even with repairs, it may still operate less efficiently than newer models. In such cases, investing in a new furnace might be a more economical and energy-efficient option.
Compare Repair Costs and Replacement Expenses
Weigh the furnace and AC repair cost against the investment in new equipment. If repair costs are nearing 50% of the cost of a new furnace, replacement is generally the more cost-effective option. Consider not only the immediate costs but also long-term ones, such as higher energy bills due to decreased efficiency or potential future repairs.
Evaluate the Performance of Your Furnace
Efficiency is a key factor when deciding to repair or replace your furnace. An inefficient furnace can lead to higher energy bills and reduced comfort in your home. Check the performance of your furnace by considering its annual fuel utilization efficiency (AFUE) rating. A lower AFUE rating indicates less efficiency. If your furnace has a low AFUE rating or you’ve noticed a significant increase in your energy bills, replacement could be a wise decision.
Tyler can guide you through the process of deciding whether to repair or replace your furnace. Our team offers expert advice tailored to your specific situation and professional services to ensure your home’s heating system is in its best condition. We can also help you with your water heater repair needs. Call us at (203) 660-2031 or fill out our contact form to schedule a consultation.