In the thick of the holiday season, the last thing anyone wants to deal with is a breakdown of their heating system. If you find yourself in this situation there are some factors to consider when asking the big question: should you repair your furnace or is it time to replace it?
Often times, minor repairs can be enough to keep your heating system in good enough shape to maintain a warm and comfortable home during the cold New England winters. When those repairs become frequent and costly though, it is time to consult with a professional and weigh your options. According to Consumer Reports, if repair costs exceed 50% of the cost of a replacement, it is time to upgrade your furnace. If you have an older heating system, you should consider a new furnace if the repair costs exceed 1/3 of the replacement costs (upgrading from an older system will also be more efficient).
Other factors to consider include:
How old is your furnace?
If your heating system is more than 15 years old, it is recommended to replace it with a new, more efficient model. If you are wondering if investing in a high-efficiency furnace is right for you, read more here.
Is your furnace the right size for your home?
It is important to have a professional heating contractor size your furnace. An oversized heating system is likely to cycle on and off too frequently which creates more wear and tear resulting in an inefficient system and increased need for repairs. An undersized furnace will run constantly trying to maintain the desired temperature in your home. This can greatly increase your energy bills.
Is your furnace losing efficiency?
Are your heating bills higher than usual? If your furnace is running non-stop (and is the proper size for your home), this could be a sign that it is working harder to maintain the temperature set on your thermostat. New heating systems can achieve efficiencies as high as 98.5%, meaning nearly all of the fuel is being converted to useful heat. Read our blog for other tips on lowering your energy bills.
Are you moving anytime soon?
Updating your HVAC system can greatly improve your property value and can be viewed as a benefit to potential home buyers.
If your system is potentially exposing you and your family to carbon monoxide, it is important to replace it right away.
We know replacing an HVAC system can be a big decision. We can help to evaluate your current set-up and provide you with various options. There are frequently rebates available to help homeowners off-set the costs of an efficient system upgrade and we are happy to help you with those as well.
If you need a repair, you can contact us here. If you are considering replacing your furnace, you can get an estimate now!
We hope you found this article helpful, and we look forward to continuing to ensure your comfort and safety. Thank you for choosing CPS.
If you are in need of more information or would like to schedule your consultation, you can reach us at 508-460-6691 or fill out this form.