You depend on your air conditioner, heat pump or other HVAC systems throughout the year, and if it’s starting to have trouble, it’s natural to wonder whether it’s time to upgrade your HVAC system. That said, a replacement system is a big investment for your Murray, KY home, and you want to make sure you have adequate reason to pay that cost. Here are a few ways to know whether it’s time to upgrade.
Consider the Age of Your System
HVAC systems are meant to last a long time, but no machine lasts forever. It depends on the type of system. In general, heat pumps are made to last about 10 years, air conditioners should be good for 15 with proper maintenance, and furnaces can last 20 years or more.
Just because your HVAC system is old doesn’t necessarily mean it’s time for an upgrade; if you’re still satisfied with its efficiency and performance, you can keep it. However, when an older system needs repairs, it may not be worth the cost to fix. At that point, replacement is in order.
Understanding Payback Analysis
A payback analysis is a type of calculation your HVAC contractor can perform to help you understand when your system will pay for itself. For example, suppose a new air conditioner costs $2,400 to purchase and install but will save you an average of $50 per month on your utilities. A payback analysis shows that the air conditioner will pay for itself in 48 months or four years.
Contact an HVAC Service Professional
When you’re considering whether to repair your existing system or make the upgrade to a new system, you need to take multiple factors into account. We can help you make that decision. To learn more about system replacement, check out our HVAC installation services online or call today.