Furnace Service or Furnace Replacement: What to Consider09/11/2015Cooler weather is becoming more and more of a possibility in Bloomington, 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 climbing up there in age and has been causing problems 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 buy that new furnace now or just get your annual furnace service handled? At All Seasons Heating & A/C Co, we know that it can be a difficult decision to make, so here are a few pointers to keep in mind if you’re uncertain which route to choose. 1. Furnace Age This is probably 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 puts out. If your equipment is more than 12 years old, it may not make sense to put a lot of money in to repairs when you could be putting 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 scheduled regularly and it has been correctly maintained, you could be able to go beyond that 12-15 year average. 2. Cost of replacing vs. servicing/repairing There are always unknowns when it comes to determining the cost of replacing versus having furnace service and repairs done, but there are a number of things to keep in mind when assessing the two. Furnace service Get a few estimates to make sure you’re getting the best deal. Keep track of when your warranty runs out and note what it covers so you’re always saving as much as possible. Furnace replacement Furnace size will be determined 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 routes, 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 solution. Of course, these are only a few of the variables, but the experts at All Seasons Heating & A/C Co are more than happy to help you determine which furnace is right when replacement becomes a necessity. Give us a call at 812-332-9100 or set up an appointment through our online scheduler to find out what makes sense for both you and your budget.