Whether your heater is beginning to fail toward the end of the season after a long winter, or you have concerns about an old air conditioning system that can manage the coming summer weather, you are likely wondering about what to do about repairs. In any case, you may be asking questions about the subject. Early on in its service life repairs are usually worth the cost and many will fall under the warranty. Price becomes a bigger concern with older systems that are out of warranty. You may be on the edge of purchasing a new system, with the cost to fix an older air conditioner, furnace, boiler, or heat pump is often steeper. From there it is time for you to decide whether you should repair or if a replacement is in order and today we at Air Supply Air Conditioning & Heating would like to continue to help you decide when HVAC system repairs are too expensive.
Cost of Inflation
In addition to the frequency of repairs, keeping the HVAC system working is the total cost per annum. It is paying too much if those extra repairs add up to paying more than $500 annually. The excessive money thrown at the repairs can be better invested in purchasing a new, reliable, and energy-efficient heater or air conditioner.
Frequency of AC Repairs
The cost isn’t too important in the event this is second repair you’ve needed to schedule within the last twelve months for the heater or air conditioner. Frequency is what matters. Getting too close to excessive is one repair each year. Being at a high risk of breaking down at the worst possible time is a system that needs professional repairs this often and it is probably wasting energy.
AC Repair or Replacement 5,000 Rule
To get a quick idea of how worthwhile an HVAC repair is, it is a rule of thumb you can use. This is when you use the cost of the repair the technician quotes and multiply it by the age of the system. The repair is probably not worth it if the product is 5,000 or greater. For instance, your 14-year-old air conditioner needs a $400 repair. It is best to consider a replacement if multiply the age by the price and you get 5,600. It is common that before they reach 15 years, most air conditioners need to be replaced.
50% Rule AC Repair or Replacement
On the best choice, another quick calculation that can help. On the one you’re most likely to purchase next, take the cost of a new system installation, and reduce it by 50%. The quoted cost of the repair should be compared. A repair that’s more than 50% of the cost of a new system is too expensive. Just as a reminder, before making a firm choice it’s always best to speak to trained HVAC technicians. It is ideal for your situation; our experts will help guide you toward the repair or new system.