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 $5000 rule 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. Factors like energy efficiency improvements should also be considered.
Tips: Enter your HVAC system's age in years and the estimated repair cost in dollars. The calculator will apply the $5000 rule and provide a recommendation.
Q1: Is the $5000 rule always accurate?
A: It's a guideline, not an absolute rule. Consider energy efficiency, system performance, and your local climate as well.
Q2: What if my system is very old but repair is cheap?
A: Even if the product is under $5000, systems over 15 years old may benefit from replacement due to efficiency gains.
Q3: Should I consider SEER ratings when replacing?
A: Yes, newer systems with higher SEER ratings can significantly reduce energy costs, offsetting replacement costs over time.
Q4: Are there exceptions to this rule?
A: Yes, if your system uses outdated refrigerants (like R-22) or has safety issues, replacement may be warranted regardless of cost.
Q5: How accurate should my repair estimate be?
A: Get at least 2-3 professional estimates for major repairs to ensure you're making an informed decision.