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Posted: December 2, 2024
When your furnace starts acting up or if it’s been around for several years, you might find yourself wondering if it’s time for a replacement. Deciding to replace a furnace is a significant financial decision, and it’s worth considering the various factors that affect whether you should repair or replace your current system. Let’s take a look at some key things to think about when assessing if a new furnace is the right investment for your home.
One of the most important factors to consider is the age of your furnace. Most furnaces have a lifespan of 15-20 years, depending on the type, maintenance level, and usage. If your furnace is reaching or exceeding this age range, it may be more cost-effective to replace it rather than continuing to repair it. Older systems tend to become less efficient over time, costing more to run and keep up, especially as parts start to wear out. A new furnace, while a big investment, could save money in the long run through energy savings and fewer repair calls.
If you’ve noticed your energy bills climbing despite similar usage and cost in fuel, it might be due to an inefficient furnace. Over time, furnaces lose efficiency, meaning they need to work harder to provide the same amount of heat, which drives up energy costs. Upgrading to a modern, energy-efficient furnace can significantly reduce your utility bills. High-efficiency models today have ratings of 90% or higher in Annual Fuel Utilization Efficiency (AFUE), meaning almost all the fuel they use is converted into heat. This improvement can lead to noticeable savings each month, especially in colder climates like ours.
If you’re calling a technician for repairs often, this could be a sign that your furnace is on its last legs. While occasional repairs are normal, frequent breakdowns are a red flag. Maintenance and repair costs add up quickly and can sometimes outweigh the cost of a new unit. Many HVAC professionals recommend the “$5,000 rule”: multiply the age of your furnace by the repair cost, and if the total exceeds $5,000, replacement might be the more economical choice.
Older furnaces often struggle to distribute heat evenly, leading to cold spots and inconsistent temperatures throughout the house. If you’re constantly adjusting your thermostat or notice significant differences in temperature between rooms, an old or underperforming furnace may be the culprit. Newer models are designed with better airflow and temperature control, which can improve comfort and help maintain a steady indoor climate.
If environmental responsibility is important to you, upgrading to a high-efficiency furnace can reduce your carbon footprint. Newer furnaces are not only more efficient but also produce fewer greenhouse gas emissions, especially if you choose a model with a high AFUE rating. Some options may even qualify for government rebates, offsetting part of the cost of installation.
While a new furnace requires a substantial upfront investment, it often pays off in the long term through reduced energy bills, fewer repairs, and improved home comfort. If your furnace is aging, inefficient, or frequently breaking down, it may be worth considering a replacement. Consulting with an HVAC professional at Ace-Robbins can provide insight into your furnace’s condition and help you make an informed decision. We’ll provide a free, no-obligation evaluation of your current furnace as well as an estimate on the cost of a new furnace. Whether you need repairs, service, or installation, we can handle it.
Contact Ace-Robbins today for all your furnace needs. You can count on us!