Furnace Repair vs. ReplacementPublished: February 7, 2020
Boilers and furnaces are like cars: at some point you need to ask yourself if it will last another 10,000 miles or if you should park it for good. Here are some important aspects to consider when faced with the decision to repair or replace.
Most people do not consider the health risks when deciding whether to repair or replace to a new heating system. For example, an old furnace with a cracked heat exchanger can put you at risk for carbon monoxide poising. Another health risk is exposure to low temperatures. When a boiler breaks down, it affects more than just your comfort level. Exposure to low temperatures for too long can have serious health impacts, especially for young children and the elderly.
Sometimes, a simple repair might be more than sufficient depending on the age of the boiler or furnace. Typically, the life expectancy of a furnace is about 15-20 years while boilers can last around 20-30 years (with some even lasting up to 50 years). After making note of the equipment’s age compared to its life expectancy, remember to consider labor costs as well as the cost of parts.
There are times when repairing your old furnace or boiler just won’t be enough. If you have to wait several weeks for replacement parts because your heating equipment is obsolete, its definitely time to consider replacement. Even if you can still order parts, you will experience a reduction in efficiency as your equipment ages. If you can afford it, there are several benefits to replacing your system. With replacement, you will be upgrading to a more efficient system which will save you more money in the long run. Nowadays, condensing type equipment can give upwards of 95% efficiency. Even if you choose a more standard heater, you will still experience around 80% efficiency. Either way, your bills will go down. Once the new furnace or boiler is replaced, it is smooth sailing for the first five years. Not only is the heater brand new, it also includes warranty coverage for anything that might go wrong within that time frame.
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