Did you know the average lifespan of a home’s heating and ventilation system is about 20 years? This means if your home was built before the 2000’s you should start thinking about a new system. If you are in this group of people, understanding the factors that influence the cost of a new system could save you money in the long run.
HVAC systems are a large purchase for a home and most people who have to replace their system have never gone through the process before causing them to rush it. HVAC systems can affect your home’s energy efficiency, comfort, and even its resale value making this purchase, not one to rush. Lucky for you Tower Equipment is here to help, with a guide on the top six factors to consider that affect the price of a new heating and cooling system.
- The Size of Your Home – Size is the most straightforward factor. The larger your home the larger the system you will need to be able to efficiently heat and cool it. Running a load calculation and an energy analysis for your home will help you find the perfect size system (this can be done by a technician). Be aware that too small of a system for your home can cause your system to work too hard and wear down faster. While too large of a system can cause uneven temperatures, low humidity control and an overall loss of efficiency. The size of your system is important.
- The Efficiency of Your Home– Needing to replace your system gives you the opportunity to improve your home’s energy efficiency, saving you money over the system’s lifespan. An energy-efficient HVAC system can cost more than a less efficient one but they will pay for themselves through your savings.
- Type of System– There are many ways to heat/cool your home and while it may be simple to start looking at systems like what you have now, a different option may be the better route. This is the perfect time to weigh your options may this be a gas furnace with split air conditioners or heat pumps with packaged heat and cooling units there is a perfect fit out there for every home. It is important to do your research or talk to a professional at Tower to find the right fit for your family as every system ranges in price and installation.
- Your Ductwork and its Condition– Your ductwork is an important thing to consider when replacing your system as it must work hand and hand with your replacement system. Some ductwork only co-insides with certain systems and improper ductwork can cause some serious issues in your home. These issues run from inefficiency in your system to mold and mildew build up. It is wise to check over your ducts before installing a new system to guarantee their quality.
- Additional Comfort Options– There are many additional products you can add to your system that will provide a healthier, more efficient home. Electronic air filters, for example, can provide clean air for your family to breath all year round and you will not have to constantly change the air filter. Let’s be honest if your HVAC system is 20 years old, your thermostats and other equipment are probably 20 years old as well. Making this a perfect opportunity to invest in a programmable thermostat, they can save you a lot of money on your energy bill if used properly (Click here to learn more about how to program your thermostat). Overall, please take the time to explore the additional products you can add to your system because they can be very beneficial to your family and your savings.
- Finances– A new HVAC system can be very costly and if you do not have the money up front you could be paying a lot in interest rates if you use a credit card. You may want to consider financing through a manufacturer or a dealer for a lower cost option. Overall you must weigh your options as a new system can cost thousands of dollars.
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