Is this power supply bad/need to switch out

[Fox1408]

I have had this power supply for over a year now, and after reading horrible things about then failing, should i replace it?

It is a LSP ultra 550w power supply
It's model number is
ULT-LSP550
Thanks!

 

[Dark Lord of Tech]

I would replace it , it's a poor power supply made by Andyson.

Here's a good one made by the best SEASONIC.

PCPartPicker part list / Price breakdown by merchant / Benchmarks

Power Supply: XFX 550W 80+ Bronze Certified ATX Power Supply ($49.99 @ NCIX US)
Total: $49.99
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2014-01-05 13:53 EST-0500)