When your air conditioner or heating system breaks down, one of the most important decisions you have to make is whether to repair or replace it. Now a new HVAC system isn’t cheap, but throwing money at an old, inefficient system doesn’t make smart financial sense either. So how do you know what to do? We’ll help you sort through the details so you can make the smart choice when the time comes.
If your HVAC system is currently malfunctioning, the first thing to do is get it evaluated by an HVAC professional. They’ll be able to diagnose your current system and provide an estimated repair cost.
Take the age of your equipment and multiply that by the estimated repair cost. If the number is more than $5,000, then you should consider replacing your unit. If less, you should probably repair it.
A system that is 10 years old and has a repair cost of $300 = $3,000. It’s probably right to repair it. A system that is 10 years old and has a repair cost of $600 = $6000. You should probably consider a replacement.
Sitting in a hot house in the middle of the summer is not the best environment to make a decision as important as whether to repair or replace your air conditioner. That’s why it’s best to keep a few general factors in mind so you’re ready to make an informed decision when the moment comes. Ask yourself these questions:
|Product Type||Product Age||Efficiency Rating|
|Air conditioner||10 years or older||10 SEER or less|
|Furnace||15 years or older||80% AFUE or less|
|Heat Pump||10 years or older||10 SEER | 8 HSPF or less|
It’s true, a new HVAC system is a major home investment. Even when it’s the right call, the sticker shock can lead some people to put off the purchase or repair systems that should really be replaced. One thing to consider is the energy savings you’ll earn by switching to a more energy-efficient HVAC system. Here’s what upgrading to a new air conditioner, furnace or heat pump can save you a year.
|Product Type||Average yearly energy cost savings|
To make sure you get an honest estimate and a recommendation you can trust, talk to your local Trane Comfort Specialist™. Trane has been recognized for 5 years in a row as America’s Most Trusted® HVAC System1.