Don’t Let the Cost to Replacement Your HVAC Scare You

Good Deals Heating and Cooling HVAC System

If your HVAC is not functioning properly, you might need to replace or repair it.  Having an efficiently running HVAC system keeps energy costs down. Before repairing your system, you might evaluate the option of investing in a newer HVAC. It may be more cost-efficient to replace than to repair.

When Should I Replace My HVAC System?

There are a few indicators that signal that your HVAC system needs to be replaced.

System is 15 Years Old.  A simple rule to keep in mind is that if your system is older than 15 years, it is high time to look for a replacement. Typical HVAC systems will run up to fifteen years without any significant issues. But as the system ages, its efficiency declines.  When the unit becomes less efficient, it is more costly to operate.

Safety Concerns.  Some HVAC systems use gas-based thermal exchange systems. With older systems, gas leaks can occur, which can be hazardous to the household occupants. If this is the problem, replacing an HVAC system is imperative to guard against such dangerous incidents.

Constant Breakdowns.  If you have had to repair your HVAC system multiple times over a short period, then invest in a brand new HVAC system.  A new unit will perform as intended and reduce the operating costs while being environmentally friendlier.

Most people cringe at the cost of replacing their HVAC system, and rightly so.  HVAC units are expensive, but so are numerous repairs, and after repairs you often have to replace the unit anyway.

One example is an HVAC system which has a coolant leak is far more costly to refill frequently than it is to buy a new HVAC system. Prices of R22 coolant refill can cost up to 500 dollars.  With a coolant leak, there is a high probability that the compressor will fail soon. In such a case, it would be more cost-efficient to replace the entire HVAC system instead of having the coolant filled multiple times. These sorts of scenarios should be considered when weighing options between repair and replacement, and so the mere thought of the cost of replacement must not scare you.

For more information on how to know when to replace your HVAC system contact Good Deals Heating and Cooling at 215-947-1166.

How Much Does A New Furnace Cost?

Good Deals Heating and Cooling new furnace

All good things must come to an end, and this includes household appliances. If repairs have become more frequent, it may be time for you to put in a new furnace. Replacing a furnace is a significant household expense. Let’s look at how much this project may set you back.

The cost of the new furnace depends on the type chosen. If you select a furnace that uses natural gas, expect a price between $2,250 and $3,800 for the unit. The installation cost (which varies depending on local labor costs and the unit location in your home) is added to this amount.

Although oil furnaces are less efficient compared to the gas furnaces, they are still sold in some areas. When installing an oil furnace, the unit cost will run around $2500. If ductwork is required, that will be an additional cost. However, you should remember that more efficient unit with more complex ductwork can cost $10K.

If you select electric heat, the cost would be between $1,800 to $2,700. Electric heaters are not the most efficient option when it comes to heating large spaces.

Another alternative to consider is a heat pump. A heat pump is a unit that draws heat from the air or ground. These units come with refrigerant coils to use to create cool air in the summer. Heat pumps work best in temperate climates. These HVAC units function decently during summers; however, during frigid weather, their efficiency is limited.

Labor costs are a significant portion of this project. The fee not only covers installing the new furnace but disconnecting and removing the old one. Do not expect a flat rate. Average hourly rates for a licensed installer run about $75 per hour. If the installer has a helper/assistant expect another $50 per hour. The total labor cost will include time needed to installation of ductwork, electrical or gas hookup, and even drywall repair.

It is difficult for a homeowner to judge how long each of these jobs will take, so before starting any work, obtain an estimate from at least three HVAC installation services. For your protection, always use a licensed and bonded contractor for this type of work.

A new furnace will have two warranties; manufacturer’s warranty and contractor’s warranty. These costs are included in the total budget. However, if you want an extended warranty from the contractor, that will be an additional cost.

For more information on the cost of a new furnace, contact Good Deals Heating and Cooling at 215-947-1166.