Furnace Service or Furnace Replacement: What to Consider09/11/2015Cooler weather is becoming more and more of a possibility in Chadron, which means one thing: it’s time to set up your furnace service. However, it may not be that straightforward if your system is starting to get up there in age and has been causing issues 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 simply get your annual furnace service completed? At MPC Heating & Cooling, we know that it can be a hard decision to make, so here are a few pointers to keep in mind if you’re uncertain which route to choose. 1. Furnace Age This is most likely the biggest factor in to your decision, as furnace technology has improved a number of things, from energy efficiency to the amount of noise it puts out. 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 applying that money towards a new system. However, the normal 12-15 year lifecycle of a furnace doesn’t mean it can’t run well beyond that. If furnace service has been consistent and it has been properly maintained, you may be able to go beyond that 12-15 year average. 2. Cost of replacing vs. servicing/repairing There are always unique circumstances when it comes to figuring out 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 a couple estimates to make sure you’re getting the best deal. Keep track of when your warranty expires and note what it covers so you’re always saving as much as possible. Furnace replacement Furnace size will be determined 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 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 couple of the variables, but the pros at MPC Heating & Cooling are more than happy to help you decide which furnace is right when replacement becomes necessary. Give us a call at 308-432-5301 or set up an appointment through our online scheduler to find out what makes sense for both you and your budget.