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Ceiling fans are very often worth the investment because they improve comfort in your living space and help reduce utility bills. In the late spring and early fall—and even in the summer in some areas—homeowners with ceiling fans can often get away with open windows and fans, which can cut down on cooling bills and also reduce wear and tear on the HVAC system. Over time, ceiling fans can pay for themselves by saving you money on electric bills and air conditioner repair and maintenance.

Most ceiling fans have a lifespan of anywhere from five to 15 years or 10 years on average. Just how long your ceiling fan lasts depends on the quality of the parts, how much it’s used, and how well you maintain it. A fan with a weak motor that runs on the medium setting nonstop is likely to have a shorter lifespan compared to a fan with a powerful motor that runs on the slowest setting for air circulation.

Whether you can install a ceiling fan yourself depends on if you're replacing an existing fixture or installing one where no wiring exists. If you are replacing an existing fan, an experienced DIYer may be able to do the job, which can save on labor costs. This work typically doesn’t require a permit, but there’s always a safety risk when dealing with electrical components, so hiring a pro is still a good idea, especially if you aren't handy. Keep in mind you may need a special ladder for high or vaulted ceilings. However, if you are installing a new ceiling fan where there is no current fixture, you must hire a licensed electrician. In most areas, it is required by law that a professional runs new wiring and pulls the necessary permits. Attempting to install wiring yourself can be dangerous and a code violation.

There’s no reason why you can’t install a ceiling fan anywhere in your home, such as in living rooms, offices, bedrooms, and dining areas. Most bathrooms already have ventilation and don’t need a ceiling fan. For safety purposes, avoid installing a ceiling fan where the blades will be less than eight feet from the floor, near bunk beds, or anywhere else they may hit nearby objects.