Furnace Service or Furnace Replacement: What to Consider

September 11, 2015

The cool weather in Oxford means it’s time to book your annual furnace service. If your furnace is getting up there in years, it might be time to prepare yourself for a furnace replacement.

As is the case with any home improvement project, a new furnace is a major investment in your home. The pros at Franklin's Heating & Air Conditioning, Inc can help you determine if it’s time for a furnace replacement or regular furnace service. We have some tips for you to ponder while deciding the future of your furnace.

1. Age of System

This will most likely be the decisive factor in deciding if it’s time for a repair or replacement. There have been a lot of improvement in furnace technology over the years, including an increase in efficiency and a decrease in noise. If your furnace has reached maturity, it’s a good idea to start looking for a new system. The experts at Franklin's Heating & Air Conditioning, Inc can assist you in determining if it’s the right time for a replacement.

2. Cost Comparison

Purchasing a new furnace is an expenditure a homeowner doesn’t want to make until it’s crucial. That’s why studying the price tag of constantly repairing your furnace against the cost of a replacement is an important part of the decision-making process. When you start comparing the two we have a few things to keep in mind.

Furnace service

  • Look into when your warranty expires and note what it covers so you’re always saving everything you can.

Furnace replacement

  • When evaluating what size your new furnace needs to be it’s a good idea to call in the professionals. A technician will determine a load calculation by taking into account your home size and various other factors such as home design, insulation and the routines of people living inside the home.
  • The energy efficiency level of the system will factor into the cost of a replacement.
  • Furnaces with higher AFUE ratings will lead to greater energy savings down the road.

After you’ve researched the costs to continually repair your system or to replace it, there’s a simple rule to use as a guide. If your repair cost is 1/3 the expense of a replacement or if your furnace is older, the practical option may be a replacement.

Our team in Oxford is here to guide you wherever you are along the decision-making process. Whether you need a repair or some help in finding a quality replacement, give the pros at Franklin's Heating & Air Conditioning, Inc a call at 662-281-1231.