HVAC Repair vs. Replacement
If your HVAC (heating and cooling system) has broken down or you have noticed it has been very sluggish and inefficient, you may be contemplating whether your system needs a repair or a complete overhaul with a newly installed system. Is the repair going to be too costly? Is it the right time for a replacement? Is a repair the best option in the long run, or would a new system pay for itself in function and dependability? There are certain telltale signs that indicate whether the better option is repairing or replacing your HVAC system.
When Repairing Makes Sense
For relatively new systems, a repair typically makes the most financial sense, a “newer” system typically means your system is no more than 5 years old.
Once you know the value of your system, if the cost to repair over replacing your HVAC system is LESS than half of its value and you have not had significant costs in repairing or maintaining it in the past, a repair might be easier on your bank account.
Having an annual HVAC maintenance or tune-up can always help increase the lifespan of your system. Many simple maintenance techniques may help and increase the run time of on your existing system. SolvIt offers our Home Protection Plan which provides annual maintenance for all of you home comfort systems including plumbing, HVAC, electrical and more!
If you are planning a move in the near future and your current system is still working, consult with a local real estate agent to determine if repairing or replacing would be in your best resale interest.
Benefits of Replacement
If your AC, heating and ventilation system is more than 10 years old and repair costs are approaching or are more than 50 percent of the value of the system, a large amount of energy can be saved by upgrading to a new more energy efficient system. When the SolvIt team installs a new high-efficiency unit, you can save up to 20 percent on heating and cooling costs. If you have a furnace or boiler the rule-of-thumb is typically replace after 15 years. Do you want to know how you can save even more on your home energy bills? Check out our Home Energy Audit for additional savings!
Browse through SolvIt’s tax incentives, on both the local and national level, which can save you as much as 30 percent on the cost of a newer, high efficiency system. This is in addition to the energy savings you will enjoy. Look for the ENERGY STAR label for your best options when considering an HVAC repair vs. replacement. A new unit also comes with a warranty, this helps with repair costs should an issue arise.
The Environment Protection Agency (EPA) has mandated the phase-out of R-22 refrigerant by 2020 to help protect the ozone. Upgrading your system not only helps the environment, it will help you avoid the high costs of repairing an older system as supplies of R-22 are cut down year by year due to the phase-out.
Addition of Comfort, Air Quality & Convenience
A newer HVAC system will do a better job of controlling your home’s temperature, humidity, reduction of mold or mildew growth, and the improvement of comfort and home indoor air quality. With a new system an uncomfortable home is eliminated and you don’t have to worry about having repair services or finding parts for your old system.
Do you still have additional questions whether replacing your current HVAC system or having it repaired is the best option for you? Contact our great customer service team at 800-886-2473 or fill out our service form with your question or comments.