The indoor coil on my original equipment 12-year-old air-conditioning unit is leaking. It would cost about $1,400 to replace it, but then I would still have the old system to deal with. It will cost about $4,900 to replace the entire A/C system with a modern heat pump, using the old attached natural gas furnace as a backup heating source. If I replace the furnace with a new high efficiency unit, I get a $300 rebate from the gas company and qualify for a $1,500 federal tax credit, so for an extra $600 I can get a new furnace. Without the furnace, I would not qualify for the $1,500 federal tax credit.
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