Cooler weather is becoming a realistic possibility in Franklin Lakes, which means one thing: it’s time to arrange for your furnace service. However, it’s possible may not be that cut and dry if your system is beginning to get up there in age and has been causing difficulties 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 get that new furnace now or simply get your annual furnace service handled?
At Total Comfort, we know that it can be a difficult decision to make, so here are a few tidbits 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 number of things, from energy efficiency to the amount of noise it gives off. 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 setting aside that money towards a new system.
However, the typical 12-15 year lifetime of a furnace doesn’t mean it can’t run well beyond that. If furnace service has been consistent and it has been well maintained, you might 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 figuring out 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.
- Get multiple estimates to make certain you’re getting the best deal.
- Keep track of when your warranty runs out and note what it includes so you’re always saving as much as possible.
- Furnace size will be figured out 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 choices, 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 experts at Total Comfort are more than happy to help you determine which furnace is right when replacement becomes necessary. Give us a call at 201-268-5663 to find out what makes sense for both you and your budget.