How Expensive is Furnace Repair?
The full cost of a home heating repair service call depends on several factors, including the average price where you’re located, the specific rates the repair professional charges, and the complexity of the issue at hand. A simple heating service job may cost as little as $50-60, while the high range of repairs can hit $800 or more. On average, homeowners in the USA tend to spend about $150 on individual furnace repair calls. Heating Services and Cooling Services can vary from state to state.
Is it Better to Repair or Replace?
At face value, heating repairs are in the average range of about $150 seems like a better deal than getting a new furnace altogether, but as with any other expensive piece of equipment, buying a replacement can be a smart long-term financial decision. Take a high-level view of your heating system and consider whether you need a new one.
Conventional wisdom dictates an average lifespan of about 20 years for a furnace, but that alone doesn’t mean you need to replace what you’ve got. It’s important to consider other costs as well, including monthly heating bills and frequency of repair calls.
For example, if you have a 22-year-old furnace that works like a dream and doesn’t cause massive utility cost spikes when the weather gets cold, it’s probably most sensible to pay for a one-time home heating repair and hope the system stays in good shape for another few years. On the other hand, if your 5-year-old furnace has been a nightmare from day one, costing thousands in regular repairs, it’s worth it to just upgrade to a new system rather than continue paying for repairs.
New Options to Consider
There are some additional reasons to consider upgrading an older system: better technology and potential tax rebates. If you choose an approved, ENERGY STAR-rated furnace as your replacement, you’ll not only set yourself up for savings on your monthly heating bill but also likely qualify for a federal tax rebate on your purchase. You might qualify for additional state or local government incentives as well.
The current crop of energy-efficient furnaces have a range of great features to choose from. Some have adjustable heating output controls that let you dictate not only when the heater turns on and off based on your home’s interior temperature but also how much heat it sends out. This is a great idea in particular because some homes that require cold-weather heating are in moderately chilly areas where full-blast heat isn’t typically necessary. You won’t have to constantly swing from being cold to being too hot while the heat is on. Other attractive features include the ability to run the furnace on an energy-saving and blissfully quiet “low fire” setting to make your home more comfortable in more ways than one.
If you aren’t sure whether you can do better with a new system, ask an HVAC professional to evaluate your current system and perform a load calculation for your home to find out if your current system is installed properly and sized appropriately for your home. It could turn out that the system you think of as “just right” is actually much larger and more expensive to operate than necessary for your home.