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The key to knowing when to replace your furnace versus when to repair it depends on its age and how many more years you can expect it to last. But, rather than humming and hawing about these questions, there is a simple equation you can use to help you decide.

This equation compares the cost of repairing the unit to the cost of replacing it. Here’s the calculation you can use to decide when you should replace your furnace:

“Cost of Repair” x “Age of Unit (in years)” > “Cost to Replace Furnace” = Replace Furnace

Multiply the cost of the furnace repair by the age of the unit. If this number is less than the cost of replacing your gas furnace, then opt for the repairs. If this number is larger, it will be cheaper to replace the furnace.

If you’re living in Alberta, in the St. Albert/Edmonton area, and you’re still unsure, talk to a local heating company. With their expert knowledge about your particular climate, they will be able to help you make a decision as to whether you should repair or replace your furnace.

It can cost anywhere from $150 to $1,500 to repair a furnace, depending on the issue. If you’re in the Edmonton area, the average cost to repair a furnace will be around $700.

Make sure the furnace company you choose to do your repairs is upfront with their pricing. They should be able to provide you with the price ahead of time so that you know exactly what to expect before moving ahead!

Want to save some money? Often professional heating and plumbing companies will offer a Service Partner Plan – we call ours the ProComfort Plan. This type of plan will help you keep on top of the regular maintenance your furnace needs for a fraction of the price. Regular furnace tune-ups and maintenance will help prevent any major issues, saving you from repairs and replacements that could cost you thousands of dollars! With plans like this, there is often a discount for members, meaning you’ll save money with every visit.

Furnace filter replacement is important if you’re using your AC. Maybe not as frequently as in winter when monthly changes are best. But check the filter regularly to see that it is functioning properly, and replace when necessary.

If you run your AC during the spring or fall, you will want to check your filter more often since this time of year has more allergens and particulates in the air that can cause you to become sick.