Are you on the fence about whether it’s time to replace your old air conditioning unit? Many homeowners have heard rumors that they could save more money if they decide to go with a new unit. However, they aren’t really sure whether the savings will offset the initial cost of the air conditioner. You might want to start to consider just how much money your current unit could be costing you first.
It is true that your old air conditioning unit is likely costing you hard-earned money on a monthly basis compared to a newer model. Here are just a few of the ways that your old unit might be racking up unexpected bills for you.
Monthly Electric Bills
The most obvious way that your current air conditioning unit is costing you money is with the monthly electric bill. Older units are far less energy efficient than their newer counterparts. The SEER rating of a unit determines the cooling output compared to the amount of electricity used by the air conditioner. Depending on how old your unit is, it may only have a SEER rating of eleven or less.
Newer units should start around a SEER rating of thirteen or more, depending on how much money you are willing to spend. Higher ratings are typically associated with higher costs. However, these higher ratings can definitely save you money on your monthly cooling costs. If you aren’t sure whether the cost savings would be worth the initial outlay of funds, here is a comparison calculator to help. Simply put in the SEER rating of your current unit and the SEER of the proposed new unit.
To give you an example of how much you can save, going from a SEER of 9 to a SEER of 13 can save you almost $450 per year.
As your unit gets older, it is normal to see a sudden increase in the number of repair bills coming your way. Once your unit is officially ten to fifteen years old, you need to start considering replacing it instead of repairing it. Your unit might actually be costing you more in repair bills than you realize. Consider how much you must spend on more frequent maintenance and small parts even before the major repair bills start coming in.
The average repair bill for an air conditioner is right around $337. With a few of these on your tab at the end of a short period of time, you are really spending money that could be going toward your new unit. Consider whether the excessive repairs are truly necessary or whether you should just take the plunge and save hundreds of dollars by purchasing a new unit immediately.
Making the decision to ditch your old air conditioner to save money can be difficult. After all, purchasing a brand-new unit is expensive at first. You can save more money with it over time when you purchase a more energy efficient unit though. When you’re ready to make that decision, you need to contact Classic Air Conditioning, the top air conditioning repair in New Braunfels. Be sure to give us a call today!