Is your heating, ventilation, and air conditioning (HVAC) system on the fritz? Contemplating repair or replacement? We place a lot of demands on our HVAC systems; after a while they just don’t seem quite as spry as they once were. Repair or replacement: how do you know which option is right for you? Would it be better to simply patch things up, or to go with a newer and more efficient system? We’ve got a few important things you should consider when debating repair vs replacement of your HVAC.
New or Newer Systems: If your system is new or relatively new, you obviously don’t want to just replace it. Repairing a newer system makes the most financial sense.
Less Than Half Rule: If the cost to repair your system is less than half its total value, it probably makes sense to repair.
Change of Address: If you are planning a move and have a functioning system, chances are you’ll want to make any needed repairs rather than making a complete replacement.
Maintenance: Regular and simple maintenance techniques can significantly extend the life of your system and prevent the need for replacement.
Aged Systems: The EPA and Department of Energy’s joint ENERGY STAR program highly recommends replacing HVAC systems older than 10 years old and furnaces or boilers that are older than 15 years old. If your system is getting on in years, it is also losing precious energy efficiency. Replacing your old system can greatly increase your energy efficiency, saving you as much as 20-40 percent on your heating and cooling costs.
Tax Credits: When you choose to replace, there are a variety of tax credits and other incentives which cover up to 30 percent of the cost of a new system.
Warranties: New HVAC units come with a warranty. You’ll have peace of mind knowing that you’re covered should any issues occur.
Air Quality in the Home: New HVAC systems do a superior job of controlling your home’s temperature and humidity levels. Optimum temperature and humidity levels mean reduced mold and mildew growth, as well as better air quality for your home.
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