Should I Repair or Replace my Furnace?

Replacing a broken-down furnace can be quite expensive, however many attempts at repairing a broken furnace can be just as expensive. Situations like these may leave you asking yourself “Should I repair or replace my furnace?”.

Our blog post will provide you with all the information necessary to make an educated decision and get your family back to enjoying a warm home!

What is the condition of your current furnace?

Consider the kind of shape of your furnace. If this is the first issue you’ve had with your furnace, it might be worth it to invest in repairs. However, if your furnace is rusting, making weird noises, blowing cold air and causing increases in your gas bill, it might be time to look into replacing the unit.

If your furnace has a severe issue that could be dangerous—like a cracked heat exchanger which causes deadly carbon monoxide to leak into your home—you will urgently need a replacement.

How old is your furnace?

It is common for furnaces to last 15 years (and even longer) without proper maintenance by an HVAC professional. But it’s important to consider that as the age of your furnace increases, it will be less and less worthwhile to spend money on expensive repairs.

You may want to consider how long you plan to live in your home. If your furnace is reaching its full lifespan and you aren’t planning a move, it might be wise to cut your losses with a brand-new unit.

What is the Estimated Cost of the Repairs?

With the answers to the previous questions in mind, this will help you determine how much money is worthy enough to fix it.

A couple hundred dollars to fix a middle-aged furnace may be reasonable. However, if the repair estimate comes to thousands of dollars, you would receive a better return on investment by purchasing a new furnace altogether.

Does a new furnace mean better savings?

Advances in technology mean that today’s furnaces are much more energy-efficient than those installed even 10 years ago. Not only will modern furnaces reduce your carbon footprint, but you can also expect a reduction in your fuel bills.

How much? Compare the AFUE (annual fuel utilization efficiency) ratings. If your present furnace is 70% and the replacement is 95%, that means it will be 25% more efficient.

Consider temperature control and air quality

Installing a new furnace can create opportunities to increase your home comfort in several ways. For example, you could install a whole-house humidifier or an air purifier in your furnace to improve indoor air quality. Moreover, it is also possible to establish a new heating system that allows you to set different temperatures in different zones of your house!

Consider the rebates and special offers available when purchasing new furnaces

If you choose to buy a new furnace you should take advantage of the special offers and deals that will make your decision more affordable. For instance, you could qualify for the Canada Greener Homes grant. You may also want to consider the rebates and promotions that Energy Clean home Services and Home Depot offer.

Finally, consider what your personal budget covers

It’s important to keep in mind your budget when choosing between repairs and replacement. When you balance the cost to repair or replace a furnace, usually the repair has a lower upfront price tag. However, rebates and special offers (as mentioned above), combined with your potential savings on fuel bills, can turn furnace replacement into a much more budget-friendly option.

Whether you want to repair or replace your furnace, let the friendly professionals at Energy Clean home services handle the job for you. For further assistance, contact us for more information and priced quotes.