Many homeowners dread the day that they have to replace their HVAC system. Unfortunately, the reality is that your system won’t last forever. The good news is that most homeowners are surprised to learn that installing a new system can actually save them money in the long run. How is this possible with such a large investment?
Learn more here about how buying a new HVAC might actually save you money when you look at the big picture:
Efficiency
Consider the age of your current unit or system. By the time most people get around to replacing their HVAC, the unit has already reached its tenth birthday. Some lucky homeowners are able to stretch to fifteen years, but this may not be the best option for your wallet. The efficiency of an older unit is nothing compared to what newer models can offer.
Technology is constantly evolving, so buying a new unit can save you a great deal of money on your monthly heating and cooling costs. When shopping for a new unit, be sure to look at the Seasonal Energy Efficiency Ratio (SEER) rating. You might be able to find a unit with a rating of 20 to 25 but older units tend to max out around 18.
Fewer Unexpected Repair Costs
An older system is bound to come with some problems that could be expensive to fix. Even if you change your air filters and have professional maintenance twice each year, mechanical parts are going to wear out eventually. When this happens, you’ll need to call an experienced technician to help you get it back into working order. If you need to schedule this work for an evening or over the weekend, you might be looking at an even heftier repair bill.
When your current HVAC unit starts to cost a lot because of repair bills, it may be time to consider upgrading to a more energy-efficient unit that will need fewer repairs.
Financial Incentives
You know that paying for a new HVAC system is going to be expensive, but did you know that you may be able to take advantage of some financial incentives to offset the cost? Be sure to inquire about special tax credits given for installing energy-efficient equipment in your home.
The financial incentives available to you could come through the government or the local utility company, so be sure to check with both places to see where you can save some money. If you aren’t sure how to go about finding these incentives, your HVAC company may be able to point you in the right direction.
Start Putting Money Back in Your Wallet
Are you ready to start experiencing some of the savings that come with purchasing a new HVAC system? Not only will it be beneficial for your home, but that bottom line on your heating and cooling costs will benefit your budget.
