You should also consider the energy efficiency of your heat pump, as heating and A/C equipment produced even a decade ago tends to use more energy, as energy efficiency tends to decrease as the component ages
Keeping your home cool or hot with a heat pump is a great option. Heat pumps eventually break down and need to be upgraded, and the only question is whether heat pump repair is better. Here is a tip to help you decide; heat pumps usually last between 10 and 12 years. When your heat pump is only a few years old, you certainly want to repair it, and it’s much smarter to upgrade it if it’s nearing its end of life. Heat pump maintenance is also substantial, and when your component is professionally tested every year, you shall usually be able to wait longer before replacing it than if you neglect it. Another substantial consideration is whether your heat pump is still under warranty. Heat pumps always have a multiple-year warranty on the compressor and a two-year warranty on other components. If your unit breaks down due to normal wear and tear during this time, repairing it is evidently the best choice. Usually, you will only have to spend your money on labor and not on new parts in this case. Heating and A/C experts request using a rule of $3,000 when deciding between heat pump repairs and upgrades. Multiply the estimated cost of repairs by the heat pump’s age, and you should certainly upgrade the component instead of repairing it if this number is near or above $3,000. You should also consider the energy efficiency of your heat pump, as heating and A/C equipment produced even a decade ago tends to use more energy, as energy efficiency tends to decrease as the component ages. If your energy bills are slowly rising from year to year, it might be better to upgrade your ancient heat pump.