No matter if you are noticing your old air conditioning system not quite keeping up with the end of summer’s demand, or the heater doesn’t seem up to par for the new season, you are likely wondering about what to do about repairs or even replacements. Any repairs for an HVAC system are highly likely to fall under the warranty early on in its service life are usually worth the price. However, when your HVAC system has outlived its warranty, repair costs become a bigger concern with older systems. When the cost to fix an older air conditioner, furnace, boiler, or heat pump is hefty, it may be better to invest in a new system replacement. When you are facing excessive HVAC system repairs, we at Hal Mechanic would like to offer some considerations.
Recurrent HVAC Repairs
When you need multiple repairs on any one unit in a 12-month period, it is important to take this cost into account. As far as your HVAC system is concerned, the recurrent repairs matter. One repair each year is considered excessive. In addition to risking breaking down at the worst possible time, an ailing HVAC system comes with high operating costs and a waste of energy.
High HVAC Repair Costs
Keeping the HVAC system working is the total annual in addition to the frequency of repairs. If those extra repairs add up to paying more than $500 annually, you are paying too much. Purchasing a new, reliable, and energy-efficient heater or air conditioner is a better investment than throwing large amounts of money at repairs and insufficient operating costs.
What is the $5,000 Rule?
As a general guideline, you can have an idea of how worthwhile an HVAC repair is. Using the cost of the repair the technician quotes and multiply it by the age of the system is the general idea. If the product is 5,000 or greater, the repair is probably not worth it. If your 14-year-old air conditioner needs a $400 repair, for example, multiplying the age by the price and you get 5,600, it is best to consider a replacement. Most air conditioners need to be replaced it is common that before they reach 15 years.