Is it time to repair or to replace that furnace?

It is rarely easy to decide whether to repair or replace an expensive appliance when the time comes.  If the cost of repairing your furnace exceeds the cost of replacing it then the decision is easy but that is rarely the case.  More often a careful weighing of the pros and cons of each option is required. 

The first step in your decision should be to get the opinion of a heating and furnace expert.  Have your furnace inspected and get an estimate for both repair and replacement of the unit.

The issues that you and the furnace experts will need to take into account are:

Cost of Operating the Furnace

A newer furnace will cost less to operate than your old one. Consider that modern furnaces run at 90-95% efficiency compared with the 50-70% efficiency of a furnace 6-10 years old.

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