Furnace Service or Furnace Replacement: What to Consider09/11/2015Cooler weather is becoming a realistic possibility in Greenville, which means one thing: it’s time to schedule your furnace service. However, it’s possible may not be that straightforward if your system is climbing up there in age and has been causing problems 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 spring for that new furnace now or arrange to get your annual furnace service handled? At Ken Parker Service Inc, we know that it can be a hard decision to make, so here are a few tidbits to keep in mind if you’re unsure which path to choose. 1. Furnace Age This is probably 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 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 setting aside that money towards a new system. However, the average 12-15 year lifecycle of a furnace doesn’t mean it can’t work 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 couple things to keep in mind when considering the two. Furnace service Get a couple estimates to make certain you’re getting the best deal. Keep track of when your warranty runs out and note what it includes so you’re always saving as much as possible. Furnace replacement Furnace size will be determined by the size of your home. Cost will fluctuate 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 calculate 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 solution. Of course, these are only a small number of the variables, but the team at Ken Parker Service Inc are more than happy to help you decide which furnace is right when replacement becomes necessary. Give us a call at 903-883-2829 or set up an appointment through our online scheduler to find out what makes sense for both you and your budget.