When to Repair or Replace Your Furnace

furnace replacement

It’s a reality of homeownership that all appliances have a lifespan. Homeowners dread the failure of their furnace for many reasons. It seems that it always happens on the coldest day of the year or right before a family gathering. Before you google furnace repair or furnace replacement, here a few items to help you make the decision.

Age of Your Furnace

If your furnace is 15 to 20 years old, it’s time to seriously consider a furnace replacement. As the appliance nears the end of the predicted life cycle, the cost of ongoing repairs will eclipse the replacement cost.


If your furnace is newer, some parts and labor-related costs may be under warranty. Track down your warranty information before deciding how to proceed. If you choose to do a furnace replacement, retain your warranty information for future repairs. The new equipment will often have a comprehensive warranty, while repairs only warranty the part replaced.

Energy Bills

Does your older furnace shock you every fall and winter when the bills are delivered? Newer furnaces are more energy-efficient and could reduce your monthly heating bill. A more efficient modern system is also an excellent way to reduce your environmental impact.


Your utility company may offer a rebate on a furnace replacement. These rebates may be related to increased efficiency or a change in fuel type.

Cost of Furnace Repair vs Furnace Replacement

Get an estimate for the repair and for furnace replacement at the same time. If the repair cost is 1/3 or more of a new furnace installation cost, consider a replacement. We also recommend getting a second opinion. Contact us for a free second opinion on furnace replacement.

Peace of Mind

A new furnace is less likely to malfunction. While the investment in a new furnace can be substantial, the time and money saved not having to worry about the next furnace repair makes it well worth it. Mitch Craig Heating and Cooling offers financing to help making the right decision easier.

Why Choose Mitch Craig Heating & Cooling for Furnace Replacement or Furnace Repair?

If our customer service and reviews aren’t proof enough, there are a few more reasons why we think we’re the best heating and air company in Kentuckiana.

  • We service all makes and models.
  • Free Estimates. If you need a new or replacement system, or a second opinion on a repair estimate from another company, we’ll provide that free of charge.
  • Financing is now available because furnace repairs or replacements aren’t planned, but getting them fixed is a priority.
  • Our service area is big. There’s a good chance you’re in it.

Ready to work with the best heating and air company in Kentuckiana?

Contact us through our website or call (812) 786-0496 today.