Air Conditioner Replacement: Saving Money Upfront Could Cost You Down the Line
If your air conditioner’s still running but not particularly well, or if it’s prone to frequent repairs, you may be debating whether you should hold on to it or invest in a new A/C.
Although it may appear that it’s more cost-efficient to continue making repairs, it’s usually not the best long-term choice. If the cost of the repairs equals about half of the total value of the system, it’s generally a better idea to buy a new A/C.
The price you pay for a new system will translate into lower utility bills, too. Today’s high-efficiency Energy Star systems far exceed the standards of their predecessors. Even if your air conditioner is only about 10 years old, you stand to save between 20 and 40 percent on your utility bills, according to the U.S. Department of Energy.
Depending on your air conditioner of choice, you could recoup as much as 30 percent of the cost of a new system through federal tax credits.
While evaluating the financial implications is important, there are other benefits to purchasing a new A/C:
- The peace of mind in knowing that a new system will be worry- and repair-free. If you’ve been patching your present system together, you know that you can’t put a price on peace of mind.
- Better air quality in your home. Today’s high efficiency systems are powerhouses when it comes to limiting indoor air pollutants.
- More consistent temperatures in your home and better humidity levels. Some moisture in a home is healthy and necessary, but too much moisture can lead to mold and mildew.
- An environmentally-friendlier refrigerant now that the U.S. Department of Energy is phasing out R-22 in favor of a chlorine-free refrigerant.
- A quieter system and one that may come equipped with a fan-only switch—a real cost-saver, especially if you use it to ventilate your home overnight.
With more than 50 years of experience in the heating and cooling industry, Bodine-Scott Air Conditioning Company is happy to help you decide whether a new A/C is right for you. Call us today for answers to all of your HVAC questions.