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Furnace Service or Furnace Replacement: What to Consider

September 11, 2015

Cooler weather is becoming more and more of a possibility in Anchorage, which means one thing: it’s time to arrange for 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 nearly all other home improvement projects are. So how do you know if you should buy that new furnace now or arrange to get your annual furnace service handled?

At Discount Mechanical Heating & Plumbing Services, we know that it can be a hard decision to make, so here are a few tidbits to keep in mind if you’re unsure which way to choose.

1. Furnace Age

This is more than likely the biggest factor in to your decision, as furnace technology has improved quite a few things, from energy efficiency to the amount of noise it puts out. If your furnace 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 typical 12-15 year lifetime of a furnace doesn’t mean it can’t run well beyond that. If furnace service has been consistent and it has been correctly maintained, you may 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 determining the cost of replacing versus having furnace service and repairs done, but there are a few things to keep in mind when comparing the two.

Furnace service

  • Get multiple estimates to ensure you’re getting the best deal.
  • Keep track of when your warranty expires and note what it includes so you’re always saving as much as possible.

Furnace replacement

  • Furnace size will be determined 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 options, 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 choice.

Of course, these are only a few of the variables, but the pros at Discount Mechanical Heating & Plumbing Services are more than happy to help you decide which furnace is right when replacement becomes imminent. Give us a call at 907-202-9798 to find out what makes sense for both you and your budget.