Should you repair or replace your air conditioner, heat pump, furnace or boiler? When something breaks down, it’s tempting to go the quick route and pay for repairs to get it up and running again. That quick-fix may seem the least expensive route now, but it may not offer the most value in the long run. There’s a lot to consider:

The air conditioner is part of a split system. You have product that resides inside and outside your home:

The Heat Pump is part of a split system. You have product that resides inside and outside your home:
Furnace 
The furnace can be part of a split system or may be the only part of your system:
Boiler Details
The boiler can be part of a split system or may be the only part of your system:
Packaged System
A heat pump or air conditioner combined with an evaporator coil in a single unit outside your home:
Most equipment is designed for a life expectancy of 15 to 20 years.

VS.


Repairing existing equipment can be a good decision as long as:
Otherwise, the cost of the repair would be better invested in a new system.
The Seasonal Energy Efficiency Ratio (SEER) is an energy efficiency rating for air conditioners. The higher the SEER, the better the energy performance, the more you save.
The Annual Fuel Utilization Efficiency (AFUE) is a measure of a gas furnace’s efficiency in converting fuel to energy, by projecting the average thermal efficiency for a complete heating season. A higher AFUE rating means greater energy efficiency.

If you are moving within the next year or two and believe investing in a new home comfort system will improve the value of your home, you should consider making the investment. If you plan to live in your current residence for many years, it may be wise to invest in your future comfort.
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