There are a number reasons to replace your current AC system, check out our checklist to see if it is time to consider replacing your current system.
Factor 1: Consider the Age of Your System
The age of your heating and cooling unit plays a large role in determining whether it is necessary to replace the unit entirely or if maintenance is needed. If your unit is 10 to 12 years old (or more), then you can consider it replaceable, as it has fulfilled its life expectancy. New air conditioning systems are much more efficient and environmentally friendly and can save you money. Upgrading can be a great way to bring down your electricity bill and keep your home more comfortable. Energy Star units can save an estimated 20 percent on heating and cooling costs.
Factor 2: Consider the Estimated Cost of Repairs
As a general rule in the HVAC industry, if the cost of repairing your current AC system equals or exceeds 50 percent of the value of your current system then it is time to replace.
Factor 3: Does Your Repair Exceed the $5,000 Rule?
If you don’t know or can’t determine the value of your current AC system, you can use the $5,000 rule to determine if you should replace your system. Start by taking the age of your current air conditioning system in years and multiplying it by the cost of the repairs needed. If this amount is more than $5,000, then we recommend replacing your system. For example, if your system is eight years old and the cost to repair it is $400 dollars, then your $5,000 rule cost is $3,200, and it is advisable to repair instead of replacing.
Factor 4: Reliability
If your current system requires frequent repairs, it might be time to upgrade. Repairs performed out of warranty can add up, and the downtime without AC can help justify the cost of a new unit.
Factor 5: R-22 and Coolant Leaks
If your AC system requires additional refrigerant, it might be time to consider upgrading. Refilling and topping off a system with R-22, also called Freon, can be costly, with average prices ranging from $550 to $1,000 according to AC experts. Once your system develops a leak, the compressor will eventually go out, which can cost up to $2,000.
R-22 is also rising in price since the EPA has decided to phase it out in favor of R-410A, which is more efficient and better for the environment. Production of systems that use R-22 stopped in 2010, so if your unit was made before this, it is probably charged with R-22.
Direct Heating and Cooling serves customers in the in the Ft. Meyers and Cape Coral, FL areas. Please feel free to contact us at 239-217-4148 with any questions about AC system replacement or service.