Furnace Service or Furnace Replacement: What to Consider09/11/2015Cooler weather is becoming a realistic possibility in Columbia, which means one thing: it’s time to schedule your furnace service. However, it’s realistic that it may not be that cut and dry if your system is climbing up there in age and has been causing difficulties over the last few years. Furnace replacement is an investment in your home, like many 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 Watts Electric & A/C Inc, we know that it can be a tough decision to make, so here are a few tidbits to keep in mind if you’re not sure which way to choose. 1. Furnace Age This is more than likely the biggest factor in to your decision, as furnace technology has improved a lot of things, from energy efficiency to the amount of noise it produces. 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 setting aside that money towards a new system. However, the average 12-15 year lifetime of a furnace doesn’t mean it can’t work well beyond that. If furnace service has been consistent and it has been well maintained, you might 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 identifying the cost of replacing versus having furnace service and repairs done, but there are a couple things to keep in mind when considering the two. Furnace service Get a couple estimates to ensure 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 calculated by the size of your home. Cost will vary 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 small number of the variables, but the pros at Watts Electric & A/C Inc are more than happy to help you determine which furnace is right when replacement becomes necessary. Give us a call at 601-736-7362 or set up an appointment through our online scheduler to find out what makes sense for both you and your budget.