If your heating or cooling components aren’t functioning up to standards, it might be time to make a choice between HVAC replacement and repair. Time passes, and furnaces and central air conditioners don’t last forever. The reliability and average service life of HVAC systems is constantly improving. However, mechanical issues or the simple passage of years takes their tolls eventually and causes you to consider your options. Here are some factors to think about when you’re faced with making a decision about HVAC replacement or repair:
Consider the age of the unit. A typical gas-fired furnace averages about 20 years before it's time to replace it. A central air conditioner lasts about 12 to 15 years. Another aspect to consider, however, is the unit’s efficiency life span. If you’re continuing to operate an aging furnace or A/C that is out of date as far as energy efficiency, you’re probably paying more for monthly electricity and/or gas bills than is necessary. By replacing a marginal, outdated unit now, rather than repairing it, you’ll start saving money every month.
What will it cost to fix it? Major HVAC repairs may not be the best option financially. It depends on the age of the unit and how much effective, efficient service life still remains. Certain repairs, such as a failing compressor in a central A/C or a cracked heat exchanger in a furnace, are so costly that they usually aren’t justifiable in a unit that has exceeded two-thirds of its life expectancy. At that point, replacement of the unit is a more viable option to get higher efficiency, increased reliability, and a new warranty.
Are you missing out on new technology? Current HVAC units incorporate advanced options not available in that older model still installed in your home. Wi-Fi connectivity, remote monitoring and control and smart systems that learn your household habits and temperature preferences are among the many benefits available by upgrading to new HVAC components now.
For professional advice when facing a decision about HVAC replacement or repair, contact Air Assurance.