Determining when your furnace is costing you more money than a new unit would depend on several factors, including the age and efficiency of your current furnace, the cost of repairs, and the cost of a new unit. Here are some key things to consider:
Age of the furnace: If your furnace is more than 15 years old*, it may be less efficient and require more frequent repairs than a newer model. In this case, it may be more cost-effective to replace the furnace rather than continuing to repair it.
Frequency and cost of repairs: If you find that your furnace requires frequent repairs, or the cost of repairs is becoming more expensive over time, it may be a sign that a new unit would be more cost-effective in the long run.
When Should You Begin to Think About Purchasing a New Furnace? How Can I Tell if I Need a New Furnace?
Ideally you don’t want to wait until the middle of winter when your furnace completely dies, leaving you in a panic with little time or patience to make a well thought out purchase. Here are signs that it might be time to think about a replacement:
The furnace needs to be repaired frequently, and repairs become more expensive.
The furnace is making unusual noises, such as buzzing or rattling.
The furnace is putting out dust, soot, or rust, especially around the register.
The furnace starts turning on and off more frequently.
The heat exchanger is cracked.
You’re not using it any more frequently, but your heating bills are skyrocketing.
Your house is heated unevenly, with some rooms...
“An ounce of prevention is worth a pound of cure.” Maintenance and care of your HVAC system is worth it, here’s why:
Avoid Breakdowns & Costly Repairs: Breakdowns never come at a convenient time and repairs are always more than you anticipate. Part of the reason why we also recommend a Labor Warranty.
Protect Your Warranty: Manufacturers warranties require regular professional maintenance.
Extend the Life of Your Furnace or HVAC System: With regular maintenance, a new system could last up to 20-25 years.
Avoid Hazards: Potential fire hazards from leaks in oil or gas lines, loose connections in the electrical lines, and carbon monoxide leaks can all be checked with a professional tune-up.
Everyone appreciates the value of having a manufacturer’s warranty. Although your system may be covered by a 10-year parts warranty, cost of labor in the HVAC industry is very high and having a 10-year labor warranty in addition to that could save you thousands. Let’s do the math!
Example 1: Say, a circuit board goes bad (common repair). The cost of the board is $300-$500 which is covered by your parts warranty. Labor for the Diagnostic fee is $135. Labor for installation of new circuit board is $350-$500 for a total of, on the lower end $485. That one repair is roughly just half the cost of a 10-year labor warranty.
Example 2: It is highly likely that a system will need 2 capacitor replacements within 10 years. Two diagnostic fees = $270 + flat rate charges on 2 new...more