Your home's heating system can last a really long time - somewhere between 15-20 years - if maintained properly and repairs are performed promptly. That means if you're considering a brand-new heating system for your home, it should only be a choice you make a few times in your entire life.
But if damage has occurred to the unit or it's approaching its expiration date, you may be concerned as to whether you need to simply keep having heating repair services performed or whether you should opt for a brand-new heating system instead. Below are a few questions you can ask yourself to determine the best course of action.
How Old Is Your Unit?
As mentioned above, heating systems can last a few decades. If your unit is approaching the midway point of that though, the frequency of your heating repairs will increase significantly, as will the costs associated with them Parts will break down, systems will fail completely, and you could end up spending more money than is necessary to keep your system operational. A good rule of thumb when it comes to deciding between heating installation or repair is to figure out the cost of repairs: if it's more than 50% of the cost of a new unit, you may want to spring for a new unit instead.
Are Your Energy Bills Going Up?
Most homes operate on a rolling average for the utility bills, so your monthly costs should stay the same from month to month. Although utility prices can go up, if you notice that your usage is also going up, that means your system is working harder to stay operational. A simple repair job on your heating system won't be enough to really fix your unit; instead, you'll need to schedule a replacement. It may cost more initially, but you'll save more over the life of the unit in lower energy costs.
Do You Want To Upgrade?
Like everything else in your home, heating technology has come a long way in the last 30 to 50 years. Units today are more energy-efficient, can last longer, and require less maintenance than older units, so if you've been thinking about upgrading your system, now's the time to do it. A brand-new heating installation will not only be in good investment in your home, but if you plan on selling it anytime soon, it should make your home more appealing to potential buyers.
To learn more, contact a heating contractor.