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Weighing the Cost of Replacing Your HVAC System

Once you’ve decided to replace any part of your HVAC system , make sure you give your decision careful consideration. You want to save as much money as possible, so you might not be thrilled with needing to invest in a new system. You will need to consider the costs associated with continuing to operate an old or worn system. You could end up paying more than you realize in repairs and increased energy bills, which in the end, would have made purchasing a new system worthwhile.

First-Time Costs

In replacing your HVAC system, you will need to consider the first-time costs, which include both the purchase price of your new system and the installation costs. Your HVAC technician can help to ensure that you purchase the right system for your budget, and heating and cooling needs. Costs, especially for the more energy-efficient models, might make you hesitant, but are well worth it because of their durability and superior performance.

Lifetime Costs

As the name suggests, lifetime costs are what you pay year to year to operate your system, and include monthly electric bills, annual maintenance, and any repair costs. A variety of factors can affect lifetime costs including:

  • Energy efficiency. The higher efficiency models generally have a higher purchase price. However, choosing equipment with a higher Seasonal Energy Efficiency Ratio (SEER) –16 or above–will deliver dividends in lower energy bills for the lifetime of your system.
  • Quality. “You get what you pay for” reflects the hard truth when it comes to your heating and cooling system. If you choose a low-cost, off-brand system, you will run the risk of more breakdowns and a shorter service life than if you pick a quality system from a reputable brand.
  • Professional installation. So much can go wrong with a system installation that you want to be sure you enlist the services of a reliable contractor. Your contractor will need to take the time to perform the necessary calculations to ensure the system is the right size for your home. Care must also be taken in actually installing the equipment.

Resist the urge to hold on to your old equipment. It is only costing you more. If you need more information to make your decision, contact J&J Mechanical, Inc. at (888) 716-0052. Our technicians have the knowledge and experience to help you to be more confident in your decision.
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