Cooler weather is becoming more and more of a possibility in Moline, which means one thing: it’s time to schedule your furnace service. However, it may not be that clear cut if your system is starting 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 many other home improvement projects are. So how do you know if you should spring for that new furnace now or arrange to get your annual furnace service completed?
At J.L. Brady Company LLC, we know that it can be a difficult decision to make, so here are a few things to keep in mind if you’re not sure which path 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 gives off. 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 lifespan of a furnace doesn’t mean it can’t work well beyond that. If furnace service has been routine 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 few things to keep in mind when comparing the two.
Furnace service
- Get a few estimates to make certain you’re getting the best deal.
- Keep track of when your warranty is up and note what it includes so you’re always saving as much as possible.
Furnace replacement
- Furnace size will be calculated by the size of your home.
- Cost will fluctuate 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 choice.
Of course, these are only a small number of the variables, but the pros at J.L. Brady Company LLC are more than happy to help you determine which furnace is right when replacement becomes imminent. Give us a call at 309-517-7511 to find out what makes sense for both you and your budget.