Furnace Repair Or Replacement? Assessing When It's Time For A New Heating System

When it comes to evaluating whether to repair or replace your furnace, the age of the system plays a significant role. Most furnaces have a lifespan of 15 to 20 years — and if your furnace is older than 25 years, you may run into issues with your homeowner's insurance policy. Here's what you need to know about assessing when it's time to upgrade your household heating system. 

Evaluating Energy Efficiency

If you've noticed a steady increase in your energy bills without significant changes in usage patterns, it's time to consider the efficiency of your furnace. Older furnaces tend to be less efficient, using more energy to heat your home. By replacing your existing furnace with a high-efficiency model, you'll reduce energy consumption and save money on your monthly utility bills.

Assessing the Frequency and Cost of Repairs

Another factor to consider when deciding between furnace repair and replacement is the frequency and cost of repairs. If you're continually spending money on fixing your furnace, it might be time to consider a replacement. A useful rule of thumb is to compare the cost of the repair to the cost of a new furnace. If the repair cost is more than 50% of the price of a new system, replacement is often the more financially prudent choice.

Determining the Comfort Level in Your Home

Is your furnace effectively heating your entire home, or do you find yourself constantly adjusting the thermostat to maintain a comfortable temperature? Uneven heating and frequent temperature fluctuations are signs that your furnace may not be working as efficiently as it should. A new heating system will provide consistent, comfortable warmth throughout your home.

Considering Environmental Impact

Older furnaces are not only less efficient, but they can also have a higher environmental impact due to increased energy consumption and greenhouse gas emissions. By upgrading to an energy-efficient furnace, you'll not only save money on your energy bills, but it will also contribute to a cleaner environment. As an added bonus, tax credits and rebates are available to those upgrading to ENERGY STAR heating systems. 

Consulting with HVAC Professionals

When faced with the decision to repair or replace your furnace, it's essential to consult with a trusted HVAC professional. They can assess your current system, provide recommendations on potential repairs, and help you determine if it's time for a replacement. An experienced technician will take factors such as age, efficiency, repair frequency, and your specific heating needs into account to guide you in making the best decision for your home and budget.

Reach out to a furnace replacement contractor to learn more.