Cooler weather is becoming a realistic possibility in Columbus, which means one thing: it’s time to set up your furnace service. However, it’s realistic that it may not be that cut and dry 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 nearly all other home improvement projects are. So how do you know if you should spring for that new furnace now or just get your annual furnace service done?
At Wolfe & Sons Heating and Cooling, we know that it can be a tough 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 most likely 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 puts out. 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 average 12-15 year lifecycle of a furnace doesn’t mean it can’t run well beyond that. If furnace service has been consistent and it has been correctly maintained, you may 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 identifying the cost of replacing versus having furnace service and repairs done, but there are a number of things to keep in mind when considering the two.
- Get a few 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 size will be determined by the size of your home.
- Cost will fluctuate depending on the level of energy efficiency you’re wanting.
- The higher the AFUE rating, the greater the chance for energy savings.
After you figure out the costs of both routes, 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 few of the variables, but the team at Wolfe & Sons Heating and Cooling are more than happy to help you decide which furnace is right when replacement becomes imminent. Give us a call at 614-451-0846 to find out what makes sense for both you and your budget.