Furnace Service or Furnace Replacement: What to Consider09/11/2015Cooler weather is becoming a realistic possibility in Colorado Springs, which means one thing: it’s time to set up your furnace service. However, it’s realistic that it may not be that clear cut 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 get that new furnace now or simply get your annual furnace service done? At Triton HVAC & Refrigeration, we know that it can be a tough decision to make, so here are a few pointers to keep in mind if you’re uncertain which path to choose. 1. Furnace Age This is more than 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 gives off. If your system 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 typical 12-15 year lifetime of a furnace doesn’t mean it can’t run well beyond that. If furnace service has been routine 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 identifying the cost of replacing versus having furnace service and repairs done, but there are a couple things to keep in mind when comparing the two. Furnace service Get a couple estimates to make sure you’re getting the best deal. Keep track of when your warranty runs out and note what it contains so you’re always saving as much as possible. Furnace replacement Furnace size will be figured out by the size of your home. Cost will vary depending on the level of energy efficiency you’re searching for. The higher the AFUE rating, the greater the chance for energy savings. After you determine the costs of both choices, 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 small number of the variables, but the team at Triton HVAC & Refrigeration are more than happy to help you choose which furnace is right when replacement becomes a necessity. Give us a call at 719-332-3458 or set up an appointment through our online scheduler to find out what makes sense for both you and your budget.