The cost of heating, ventilation and air conditioning (HVAC) systems is on the rise due to a variety of factors, including raw material costs, labor rates, fuel and transportation costs, and process changes. Energy efficiency and cost are always directly related - the more efficient the unit is, the more it will cost to manufacture it and, therefore, the higher its purchase price. Raising energy efficiency standards is great for reducing carbon emissions and helping consumers reduce their energy costs, but it also means you'll have to pay more when it comes time to replace your old air conditioning unit or heat pump. All that said, raising efficiency standards is also an advantage, since it means that all new units will now consume less energy.
You'll still have to pay more in advance when you replace your old unit, but saving energy will help offset some or even all of the additional costs. Compared to the old 13 SEER standard, a 14 SEER refrigeration unit will consume approximately 7% less energy. The only problem is that most manufacturers of HVAC systems almost immediately stopped producing units that did not meet the new standards as soon as the government announced the change. Unfortunately, this means that the supply of these cheaper units is quite limited, so you'll want to act as soon as possible if you don't want to pay the higher cost. If you want to change your central air conditioner or heat pump before the new changes take place, Homesense Heating & Cooling is ready to help you.
We install a full range of air conditioning units, including heat pumps, air conditioners, ovens and ductless mini-divisions, and our team can help you choose the unit that best suits your home and your budget. We will gladly provide you with free estimates for all replacement services, and financing for new equipment is available through approved credit. Our certified HVAC technicians also specialize in repairing and maintaining cooling and heating systems, as well as indoor air quality, ducts, thermostats, duct cleaning, and inspection services. Along with the phasing out of a popular refrigerant for residential cooling systems, the HVAC industry is considering a major renovation of existing heating and cooling systems. The good news is that inflation levels are falling, so there is a possibility that the prices of air conditioning equipment will not rise as much as in the past.
Add to this the rising costs of inflation and labor retention problems, and many homeowners had to deal with high prices for air conditioning systems and long waits to have a simple “climate service” near where they lived. What's more, the HVAC industry is implementing new energy efficiency standards and testing central air conditioners and heat pumps, which could seriously delay housing construction in the state. It's especially important to buy high-efficiency HVAC equipment if you live in a place with high energy costs, such as Massachusetts. As trusted HVAC experts for your neighborhood, the Air-zona team is dedicated to making energy efficient heating and cooling accessible to all. Ask the Air-zone team about how to finance the replacement of an air conditioning system or schedule tune-ups with a worry-free HVAC maintenance plan. As you would expect, hiring qualified HVAC technicians costs more now than it did a few years ago. However, based on the factors we have analyzed, it is very likely that the prices of heating, ventilation and air conditioning systems will stabilize.
From the cost of food to the price of gas, it seems that everything is getting more and more expensive. The new test standard doesn't necessarily affect your current HVAC system, but energy efficiency adjustments will cause HVAC system prices to rise in the future. In the heating and cooling industry, the shortage of air conditioning system supplies was the main cause of tension in relationships between local companies and their valued customers. The bottom line is that if you're looking for an HVAC system in 2023 or beyond, you should expect prices to be higher than they are today.
However, if you act quickly now while supplies are still available at lower prices before they become scarce due to new efficiency standards taking effect in 2023 - you may be able to save some money on your purchase. If you have any questions about the new efficiency standards or need any HVAC services in Indianapolis or surrounding areas - call Homesense Heating & Cooling today!.
