When dealing with a furnace problem, you might be presented with the option to repair or replace the broken component or choose furnace replacement. Sometimes, homeowners mistakenly believe furnace repair is more cost-effective, and continue to choose to repair their system but there are actually many instances where upgrading to a new furnace is more economical.
Furnace Repair Bills Add Up
Heating systems come with manufacturer warranties that cover the cost of replacement of many components. If you have a protection plan through the installation company, you could also be eligible for free labour. However, if you’re no longer covered by manufacturer warranties and don’t qualify for a protection plan—you’ll end up having to pay for all repairs out-of-pocket.
Those expenses can add up as every service call comes with a diagnostic fee in addition to the part replacement and labour required to install. If your furnace breaks down in the middle of the night or on the weekend, you’ll also need to applicable pay after-hours rates. If your furnace is outside of its warranty period, furnace replacement is usually more affordable than constant repair.
Furnace Replacement Can Be Affordable
Upgrading to a new furnace is not always in the budget, especially if it unexpectedly breaks down in the middle of winter. However, there’s usually some type of promotion or incentive available that can significantly reduce the overall price. Manufacturers offer savings on certain units throughout the year and the government or energy companies might have rebates for upgrading to a more efficient furnace.
When considering furnace repair or furnace replacement, it’s always a good idea to ask what kind of incentives are available for upgrading to a new system. You could be surprised to learn just how affordable furnace replacement can be.
Contact us for an honest assessment of your current heating system and for our recommendations on upgrading to a new high-efficiency furnace.
Harding Heating & Air Conditioning is Ottawa regions furnace expert. We have the knowledge and experience to help with furnace installation in addition to helping you find all the rebates and incentives that you qualify for—reducing the overall cost of installing a new heating system.