Furnace Service or Furnace Replacement: What to Consider

September 11, 2015

Cooler weather is becoming a realistic possibility in Branchville, which means one thing: it’s time to set up your furnace service. However, it may not be that cut and dry if your system is climbing up there in age and has been causing difficulties 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 handled?

At Willco Air Conditioning, Refrigeration & 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 not sure which path to choose.

1. Furnace Age

This is probably 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 produces. If your furnace 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 lifetime of a furnace doesn’t mean it can’t run well beyond that. If furnace service has been scheduled regularly and it has been correctly maintained, you could be able to go beyond that 12-15 year average.

2. Cost of replacing vs. servicing/repairing

There are always variables when it comes to determining the cost of replacing versus having furnace service and repairs done, but there are a couple things to keep in mind when assessing the two.

Furnace service

  • Get multiple estimates to make certain you’re getting the best deal.
  • Keep track of when your warranty runs out and note what it covers so you’re always saving as much as possible.

Furnace replacement

  • Furnace size will be calculated 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 determine the costs of both options, 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 small number of the variables, but the team at Willco Air Conditioning, Refrigeration & Heating Inc. are more than happy to help you choose which furnace is right when replacement becomes a necessity. Give us a call at 862-345-6896 to find out what makes sense for both you and your budget.