HVAC Replacement Rule:
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The $5000 rule is a simple guideline to help homeowners decide whether to repair or replace their HVAC system. If the product of your system's age (in years) and the repair cost exceeds $5000, replacement is typically recommended.
The calculator uses the simple formula:
Where:
Explanation: This rule accounts for both the diminishing returns of repairing older systems and the increasing likelihood of future repairs.
Details: Making the repair/replace decision at the right time can save thousands in unnecessary repairs or premature replacement costs. The $5000 rule provides an objective benchmark.
Tips: Enter your HVAC system's age in years and the estimated repair cost in dollars. The calculator will determine if replacement is recommended based on the $5000 rule.
Q1: Is the $5000 rule always accurate?
A: It's a guideline, not an absolute rule. Consider energy efficiency gains, system performance, and your local climate as well.
Q2: What if my system is very old but repair is cheap?
A: Even if the score is below $5000, very old systems (15+ years) may still warrant replacement for efficiency reasons.
Q3: Does this account for different HVAC types?
A: The rule applies generally to central air systems, heat pumps, and furnaces. Mini-splits may have different economics.
Q4: Should I consider energy efficiency ratings?
A: Yes, newer systems with higher SEER ratings may justify earlier replacement through energy savings.
Q5: How accurate should my repair estimate be?
A: Get at least 2-3 professional estimates for significant repairs to ensure accurate calculations.