AC Replacement: Weighing Initial and Lifetime Costs
AC replacement is a multi-step process, but it does not have to be overwhelming. Having the right strategy in place increases your likelihood of installing the right air conditioning system for your Woodbridg home. Since the price of a new AC will weigh heavily in your decision-making, it is important to understand the difference between the initial and lifetime costs.
The initial cost is simply the sticker price plus tax, as well as the installation cost. Of course, you will want to take advantage of any rebates and coupons or special offers.
The lifetime cost is that initial cost, plus estimated operating costs, repairs and regular maintenance for the lifetime of the new cooling system.
Understanding Lifetime Costs
Considering lifetime costs is important in order to have a sense of the true cost of your AC overtime. Generally speaking, air conditioners with higher initial costs are usually less expensive to operate and maintain and offer greater comfort features than standard models. However, today’s standard air conditioning systems deliver greater efficiency than those manufactured just 15 years ago. So, it is wise to ask your HVAC contractor to help you to determine the lifetime costs of systems you are considering. The contractor will also be able to provide advice regarding the type of system that is right for your needs. AC features and cost factors you and your HVAC contractor will consider include:
Advanced features – Higher-efficiency cooling systems typically offer variable-speed technologies for airflow and compression. Standard models generally offer single, or two-stage operation. Variable-speed technologies offer superior performance and comfort, and are more quiet.
Maintenance and repairs – Today’s air conditioners are designed to be more durable, which generally means better performance and fewer repairs.
Efficieny Ratings – Units today carry labels or ratings such as the Seasonal Energy Efficiency Ratio (SEER) which measures energy efficiency during the cooling season. High ratings translate to more energy saving.
It is understandable that the cost of a new AC might increase the urge to hold on to the older model, or go for the cheapest option. Always consider however, that the problems associated with older or less efficient models may result in more expenses over time, compared with the investment in an efficient system.
Make your AC or HVAC system search simple by checking out Brennan’s Heating & Air Conditioning’s home comfort solutions, or call us at (703) 491-2771 .
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