Can Buying a New System Save You Money?
As it starts to get colder outside, you may be noticing unusual changes with your furnace. Problems may become more apparent or you might be realizing that your older system isn’t keeping up with the low temperatures like it used to. So, can buying a new furnace save you money in the long run or should you try to prolong your system's lifespan as much as possible?
Add Up Repair Costs
If you are experiencing multiple breakdowns and deciding whether or not to replace or repair, it would probably be more cost-efficient to replace your system. If you aren’t quite sure about replacing yet, add up how much you have spent and keep adding up future repairs. Repair costs can add up fast, don’t wait too long or you will be getting one new furnace at the price of two.
How Old is Your Furnace?
If your furnace is over or close to 15 years, it is at the end of it’s lifespan. You should consider upgrading to a new furnace that runs at a higher efficiency. Even though buying a new furnace can be expensive up front, it will save you a lot of money long-term and it increases your property value. Modern technology operates at 98.5% efficiency. Your old furnace is not running close to that efficiency resulting in higher monthly energy bills. Especially in extreme climates.
Upgrading your HVAC systems will increase your property value. Depending on how old your systems are, the most rewarding route may be to replace your systems. Homeowners typically value functionality of a home over cosmetics that can easily be updated later on.
Ultimately, choosing to buy a new system is completely up to you. Hopefully these points helped you come to an easier decision. If you need any heating and cooling services call 72 Degrees today! You can reach us at 515-965-7272 or visit our website at 72degrees.com for more information on what we can do for you.