Heating and cooling systems age and needs to be repaired, or replaced, at some point. Most HVAC owners are confronted with this dilemma – is it better to replace your old system or is it more cost-efficient to buy a new one? Either way, the decision will receive a certain level of discomfort as it involves shelling out cash for repair or replacement cost, which can range from hundreds to thousands of dollars. Below are some tips that can help you decide which solution is better for your system:
Your heating and cooling system is more than 10 years old
The older your system gets, the more energy it needs to operate them. This means you’ll have to pay more to run your system and maintain comfort within your home. If this is the case , you may consider replacing it with a unit that is more energy efficient. With proper installation and maintenance, your unit can help you save up to 20% on heating and cooling costs.
Newer models are more energy efficient. But what you can do is compare how much you can save every year when you buy a new model and the cost of running your old unit.
When you have a furnace or boiler that’s 15 years old or more
A furnace or boiler that’s 15 years or more in age may not be running smoothly and efficiently anymore. Repairing it could cost more than replacing it with a new one.
Your system is needs frequent repairs
Your unit or system may screw up once in a while and needs to be repaired. But when your system starts to need frequent repairs and your bill from such repair is mounting up already, then you may need to consider replacing it. Talk to your contractor about it. If more repairs is going to cost you as much as a new unit, then why bother? Go ahead and buy a new one.
Not only that, if you’re starting to receive higher energy bills, then perhaps your heating and cooling system may have become less efficient and needs to be replaced.
Too hot or too cold rooms
Perhaps your equipment is not operating properly because the ducts have not been installed properly; perhaps there is inadequate insulation.
No repair coverage
Your equipment has to be covered by the manufacturer’s warranty or service coverage. This coverage will cover the cost if your system screws up. You know how expensive it can get if you have to shell out your own money.
Unavailable replacement parts
Another problem with old unit is that it becomes harder to look for replacement parts. This is because as new heating and cooling systems are being introduced to the market, old ones are being phased out as well. If you have an old system, it might be harder for you to find parts for it that it might just be wiser to get a new one instead of waiting for miracles.