To repair or replace? That is the question, particularly when it comes to your air-conditioning system. Since newer systems are more energy efficient, it sometimes makes more sense to replace a system rather than spend money on costly repairs. Industry averages suggest an air conditioner should last 12 to 15 years, as long as you have a qualified technician perform regular preventative maintenance and service.
When a system is young, it may be cost-effective to make simple repairs that can prolong the life of the system. However, replacing a system may be the best solution for the bigger problems that can result from an older system. In either case, comparing the price of repairs to replacement fees may help you decide what to do.
Consider Energy Costs
As you make your comparison, consider energy costs. Today’s new air-conditioning systems are as much as 60 percent more efficient than systems manufactured 10 years ago. So if you are concerned about utility bills and are faced with an expensive repair, you may want to look at the energy savings a new system offers.
The nature of the repair is also important. Repairs that require the replacement...
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