Should I Repair or Replace My Furnace?

 In Blog, Energy Efficiency, Energy Efficiency for Ontario Homeowners, Furnace, Furnaces in Ontario, GreenON, Maintenance Plans

As the weather changes and the temperature outside drops, you’ll want to make sure that your furnace is in good shape to handle the winter season. If your furnace is acting up, your first instinct might be to call for repairs — but, depending on your situation, it may actually cost you less in the long run to replace your furnace. Therm-All has put together a list of questions to ask yourself in order to know whether it’s time to repair or replace your furnace.

How old is your furnace?

As with most pieces of machinery, your furnace has a shelf life. Most furnaces generally last 15 to 20 years before they start to become more of a burden than a blessing. Something to keep in mind is that the older models tend to be less energy-efficient than the newer models, which means that your furnace may run more frequently to reach the required temperature.

How frequently is your furnace breaking down?

It could be that your furnace repairs aren’t breaking the bank, but if they are happening frequently then repair costs could really be adding up. Do you have problems that require fixing every time winter comes around? If you’re paying for regular repairs on an old furnace, then it’s time to do the math. As an example, if you’re paying $300+ to repair a 20-year-old furnace every year, and a replacement is $3000, then it is more cost effective in the long run to replace than repair. You also don’t want your old furnace breaking down in the middle of winter.

Save on energy

Upgrading your furnace to a newer, energy-efficient model will help to lower your heating bills. At Therm-All, we have a great selection of quality, high-efficiency furnaces that will keep you warm and reduce your energy consumption.

Pros and cons of replacing your furnace

Consider the big picture:

  • A new furnace will reduce your energy consumption and save you money on heating bills.
  • A new furnace will ensure that you have comfort in the cold winter months.
  • A new furnace will be covered by a warranty — and we can supplement your warranty with our extended warranty products.
  • A new furnace is great for your home’s resale value.

If you still aren’t sure whether to repair or replace your furnace, talk to us. The expert team at Therm-All can assess your situation and come up with the best plan of action to fit your lifestyle and your budget.

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