As your homes air conditioner or furnace begin to get older, it’s not always easy to know when you should repair or replace them. When a homes HVAC system needs to be repaired, especially when it’s not expected, can become big decision that you had not planned for. While there’s no hard-and-fast rule, there are some important considerations to keep in mind when choosing to repair or replace your homes comfort systems.
How Old Is Your System?
On average, the life expectancy for your homes air conditioners and heat pumps is around 10 to 12 years. Furnaces are generally a little longer with about 15 to 20 years worth of effective life.
Check the age of your equipment. If it falls within the age ranges above, repairs are going to cost more and you can start to be on the lookout for trouble.
Do You Have Outdated Technology?
Technology is always evolving. This is just as true for your homes HVAC system as it is for your mobile phone.
When you replace aging equipment, you’ll find that you are able to take advantage of new smart features that make your life easier and more comfortable. Newer technology also improves efficiency that often will save money on utility costs.
Cost of repairs
As a good rule of thumb is to plan on replacing most products when repairs exceed 50% of the cost of a new one. When older systems require repair, often there is a good chance that it is just the start of more to come.
At H&J Heating and Cooling, we can help you determine if you should repair or replace your HVAC system.
Tax Credits and Utility Rebates
There are a lot of incentives available to offset the cost of replacing your homes HVAC systems. If you’re considering the purchase of a high-efficiency systems, you may be eligible for federal, state and local tax credits.
In addition, many of local utility companies also encourage upgrading by offering additional incentives and rebates.
When you replace your older system with a new high-efficiency one, you can not only benefit from these one-time rebates and credits, but because of the advancements in efficiently, you can also significantly reduce monthly utility bills.
Do You Have the Right Size System For Your Home?
Most general upgrades to your home can improve energy efficiency. Updates like new windows, replacing the roof and adding insulation, can often result in improved efficiency for your comfort system.
If you have made some improvements over the years, you could actually benefit from downsizing to a smaller unit. This will provide better comfort at a lower cost.
How Is Your Heating & Cooling System Performing?
Here are a few indicators of a poorly performing heating and cooling system:
- Are you constantly having to adjust the thermostat to keep your home comfortable?
- Does your air conditioner or furnace make odd noises when starting?
- Does the air in your home feel stuffy or damp?
- Is your heating and cooling system appearing to run more than it used to?
If you said ‘yes’ to any of these issues, it may be time to consider having your homes HVAC system checked.
At H&J Heating and Cooling, we have been serving the Cedar Rapids area since 1975 and have the experience to diagnose any issues and help you evaluate your options.
Don’t get caught by surprise when it’s time to replace your air conditioner or furnace!