Furnace Service or Furnace Replacement: What to Consider09/11/2015Cooler weather is becoming more and more of a possibility in Ronkonkoma, which means one thing: it’s time to arrange for your furnace service. However, 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 Cool Power LLC , we know that it can be a tough decision to make, so here are a few tidbits to keep in mind if you’re uncertain which path to choose. 1. Furnace Age This is most 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 gives off. 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 normal 12-15 year lifetime of a furnace doesn’t mean it can’t operate well beyond that. If furnace service has been routine and it has been correctly maintained, you could be able to go beyond that 12-15 year average. 2. Cost of replacing vs. servicing/repairing There are always variables when it comes to identifying the cost of replacing versus having furnace service and repairs done, but there are a few things to keep in mind when assessing the two. Furnace service Get multiple estimates to ensure you’re getting the best deal. Keep track of when your warranty is up and note what it contains so you’re always saving as much as possible. Furnace replacement Furnace size will be calculated by the size of your home. Cost will differ depending on the level of energy efficiency you’re looking for. The higher the AFUE rating, the greater the chance for energy savings. After you determine 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 solution. Of course, these are only a few of the variables, but the team at Cool Power LLC are more than happy to help you decide which furnace is right when replacement becomes imminent. Give us a call at 631-360-2665 or set up an appointment through our online scheduler to find out what makes sense for both you and your budget.