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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.

Fan power is measured by CFM, or cubic feet per minute. For every 1,000 feet of square footage in your attic, you need a minimum of 700 CFM. Steeper roofs may need larger fans or about 840 CFM.  You can figure the size of attic fan you need by multiplying the square footage of your attic floor by 0.7. (multiply by 1.2 for a steep roof and 1.15 for a dark roof). That number is the CFM required for your fan to run efficiently.

Often, your existing ceiling fan can accommodate adding a light fixture. The wiring is typically below the fan motor. If you’re adding a ceiling fan to where a light fixture used to be, ensure the electrical mounting box is rated for that use or retrofit one in the location. Not all types of ceiling fan mounting brackets support adding light fixtures.

Since the cost of installing a ceiling fan is $250 for most homeowners, it might be beneficial to replace your existing fan if you are experiencing a significant repair issue, like a broken motor. However, for less expensive repairs, like a fan blade replacement, you’ll likely spend less on the repair than a complete fan replacement. Of course, if you’re looking for an upgrade or a new style fan, replacing it altogether is always an option.