Do You Need a Power Flush Or a Boiler Replacement?

March 20, 2016 Category :Uncategorized Off

Is it time to buy a new boiler or does your boiler simply need a flush to remove the excess gas residue that may be causing it not to work properly? Many boiler owners may buy a new boiler when their boiler works properly and they only need a power flush. Sludge can keep a gas tank from functioning properly; creating cold spots, noise, a boiler that takes a while to get hot and a boiler that is not getting as hot – especially if it is a gas reservoir!

How can you tell if your boiler simply needs some cleaning or should be replaced? For many tank owners, whether you own an electric, gas, or combination boiler, the signs your boiler may need replacing happens before it dies. Here are five signs that your boiler may need a reservoir replacement.

Holes or a leaky boiler – If you notice your boiler has rusted places or is leaking water, it is time to replace your tank and perhaps replace it with an energy-efficient model. Why not buy a model that saves you on your energy bill and provides hot water on demand?

Considerable loss of hot water – If you notice that the amount of hot water your boiler is putting out is considerably less than usual, you may be better off to simply buy a new boiler. It will cost you more money outright, but you can save the costly repairs that may linger for several more years if you look after the boiler. Landlords may have to replace reservoirs that are below more percent energy efficiency.

Cold – If your house is not getting warm, it could mean your boiler is not producing much heat. If your radiator is functioning properly, you may need to consider calling a certified technician to replace your boiler. There is a test a technician can perform to measure your boiler’s efficiency. If your tank falls below 75 percent, you could be paying 25 percent more for fuel than you need. It may save you money calling for plumbing services than a company that specialises in selling and repairing boilers.

Noises – If you hear a continual clunk or a whirling sound, it may be time to replace your boiler. These types of sounds are not what you should expect from a boiler. It could signal that a fan in your boiler or a pump is going out. A plumbing services technician can help you diagnose those strange noises.

Maintenance – If you notice that you are paying more to repair your boiler, it may be time to do a reservoir replacement of local areas. Some companies offer monthly or a yearly insurance rate,. So you can rest assured if you have problems. Do you need this boiler cover? You may need it if your boiler constantly needs a number of repairs. A qualified plumbing engineer providing services in some areas, can look at your tank and give you an assessment of whether it is time to buy a new boiler.

Boiler trouble may be hard for you to diagnose with / as your own, but a professional can give you a detailed and estimate if you do need maintenance or any reservoir repairs. They can offer you suggestions on how you can improve the longevity of your tank unit,. So you do not need boiler replacement of regional areas very soon.

National Reserve Study Standards – Four Funding Principles

March 20, 2016 Category :Uncategorized 1

When a professional reserve analyst develops a financial strategy for a common interest community (HOA, Condo, Cooperative) National Reserve Study Standards are taken into account. There are four basic principles in these standard:

1. There are adequate reserves when needed

The recommended financial strategy will take into account that some years will have dramatically higher expenses than others (often referred to as Peak or Threshold Years). The overall financial strategy should result in a reserve account balance which is large enough to cover expenses in all periods of time. There is little need for a reserve funding strategies which result in an Associations failure to meet its fiscal responsibility to the membership. Adequately implementing a financial strategy developed by a reserve analyst will result in a positive reserve account balance and adequate funding for those common areas covered in the study.

2. The budget should remain stable across years of changing membership and Boards

Costs related to common areas fluctuate widely from one year to the next, sometimes with minimal expenses for a decade or longer. The reserve specialist will develop a strategy that fairly assesses reserve contribution dues while still remaining stable; requiring membership to pay their fair share over time. Often an allocation rate increase that matches the inflation rate is adequate and is a “stable” amount to increase to an annual rate. Note that this stable budget concept does not mean there should be no increases to the allocation rate, in fact the exact opposite is true. A stable increase of 3% per year follows this concept while wide variances such as 3% one year and 10% the next is not fair to the membership in either year.

3. The costs are fairly distributed to the membership

The cost to replace the common areas should be fairly distributed across years of membership in a community (current and future members). An adequate reserve allocation rate to the reserve account on an annual basis ensures the community members are paying their fair share of the deterioration of the components. The costs may fluctuate wildly over a 30 year period but if the reserve study is updated annually the Association will be able to assess a fair amount to the membership in any given year and be adequately prepared for the common area replacement expenses when they come up.

4. The Financial Strategy must allow the Association / Board to be Fiscally responsible

The membership of a community is counting on the Board to make good long term budgeting decisions. A financial strategy which, say, removed reserve funds to pay for a large capital improvement (e.g. construction of a recreation building )is not a fiscally responsible decision and does not follow the concepts in the National Reserve Study Standards. A reserve specialist will develop a plan which the Board can rely on and implement; the result is a community which stands on solid financial ground