According to the US Department of Energy, furnaces have an average lifespan of between fifteen and twenty years. If furnaces are older than fifteen years, it is often recommended that they be replaced, not repaired.
Another reason to replace a furnace is that, even when properly functioning, it has low annual fuel utilization efficiency.
Determine the efficiency of the furnace in use. If it has a low efficiency rating consider replacement. Not only will a new model need to be repaired less often, its increased efficiency will lower future bills. Though the initial investment is significant, the investment will save you money in the long run.
The replacement will probably cost more than the original. This is because higher efficiency is usually directly correlated to higher selling price. Consumer Reports states that a 10% increase in efficiency can equate to an initial cost increase of around one thousand dollars.
Luckily, there are ways to determine whether more money is saved by repairing or replacing an existing furnace. Energy Savers has a chart that shows the annual monetary benefits of heating system upgrades.
If money spent on replacement saves money in the long term, replacement is a good option. However, if a new furnace is too expensive, or the return on investment in the form of energy savings doesn’t justify the purchase, the original furnace should be repaired. Ask Home Comfort about your options.



