Furnace Service or Furnace Replacement: What to Consider09/11/2015Cooler weather is becoming a real possibility in Middletown, which means one thing: it’s time to set up your furnace service. However, it may not be that straightforward 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 nearly all other home improvement projects are. So how do you know if you should get that new furnace now or arrange to get your annual furnace service done? At Schagrin Gas Company, we know that it can be a difficult decision to make, so here are a few things to keep in mind if you’re not sure which route to choose. 1. Furnace Age This is more than likely 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 puts out. If your furnace 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 typical 12-15 year lifecycle of a furnace doesn’t mean it can’t operate well beyond that. If furnace service has been consistent 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 number of things to keep in mind when considering the two. Furnace service Get a few estimates to make sure you’re getting the best deal. Keep track of when your warranty is up and note what it includes 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 differ 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 figure out the costs of both options, 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 option. Of course, these are only a few of the variables, but the experts at Schagrin Gas Company are more than happy to help you decide which furnace is right when replacement becomes a necessity. Give us a call at 302-658-2000 or set up an appointment through our online scheduler to find out what makes sense for both you and your budget.