As you are preparing for another winter, the condition of your furnace is probably one of your main concerns. If you have been using the same system for a while, you might be trying to determine if you need to install a new furnace system, or if your current one will be able to make it through another season with furnace repair in Cleveland, TN. Consider some of these factors when making the decision to replace or repair.
Age of your system
On average, the lifespan of a furnace is between 15 and 20 years. Even if your system is still in relatively good shape, if your furnace’s age is inching closer towards the higher end, average installation of a new furnace system should be on your radar. You might be thinking that, if it isn’t broken, you don’t need to fix it, but heating technology has advanced leaps and bounds over the past 20 years. It is likely that an updated system and its heightened energy efficiency will cost you less each month than your older system did at its best.
Cost of repairs
As a general rule, if the cost of repairs is between one-third and one-half of the price of new furnace system installation, you should be giving serious consideration to the latter. This makes even more sense if your furnace is older and will have to be upgraded in the next few years anyway. Similar to an old car, at some point the old system retains no value even if it is repaired, and in the long run it will be more economical to install a new system. Even if the repairs are minor and inexpensive, if you find yourself calling a technician more than once per season, the repair and operating costs will eventually add up.
On the other hand, if your furnace is not nearing the end of its life expectancy and you are not constantly shelling out money for frequent repairs, you can comfortably continue to use your current system with the flexibility to postpone any new installations for a while.
Watch your energy bills
If you recently made several energy efficiency upgrades to your home, you might be able to pay for the small repairs on your furnace while still enjoying a substantial decrease in your energy bills. The upgrades in your home might have been so significant that they even allow you to scale back and install a smaller heating system, and this reduced energy output will be good for both your wallet and the environment. Keeping an eye on any spikes or fluctuations in your heating bills will help you determine which course of action will be best for the future.
It is best that you consult with an expert before you make any final decisions. Call the technicians at Higdon Heating & Air LLC, who have years of experience dealing with this exact situation and can be trusted to steer you in the right direction, whether it be the installation of a new furnace system or furnace repair in Cleveland, TN.