As an expert in the HVAC industry, I am often asked whether or not the costs of HVAC units will ever go down. Unfortunately, the answer is not what most people want to hear. The truth is, HVAC prices are not expected to decrease anytime soon. One of the main reasons for this is the direct relationship between energy efficiency and cost. The more efficient a unit is, the more expensive it is to manufacture, resulting in a higher purchase price for consumers.
While raising energy efficiency standards is beneficial for reducing carbon emissions and helping homeowners save on their energy bills, it also means that the cost of replacing old units will be higher. However, there is a silver lining to this situation. With higher efficiency standards, all new units will use less energy, resulting in long-term savings for homeowners. While the upfront cost may be higher when replacing an old unit, the energy savings can help offset some or even all of the additional costs. For example, a 14 SEER cooling unit will consume approximately 7% less energy compared to the old 13 SEER standard. Unfortunately, as soon as the government announced the change in efficiency standards, most manufacturers of HVAC systems stopped producing units that did not meet these new standards.
This has resulted in a limited supply of less expensive units, so homeowners who want to take advantage of lower costs should act quickly. If you are looking to replace your central air conditioner or heat pump before the new changes are fully implemented, Homesense Heating & Cooling is here to help. We offer a full range of HVAC units, including heat pumps, air conditioners, furnaces, and ductless mini splits. Our team of experts can help you choose the best unit for your home and budget. We also provide free estimates for all replacement services and offer financing options with approved credit. In addition to installation, our certified HVAC technicians specialize in repair and maintenance services, as well as indoor air quality, ducting, thermostats, duct cleaning, and inspection services.
If you have any questions about the new efficiency standards or need air conditioning services in the Indianapolis area, do not hesitate to contact us. Our team at Homesense Heating & Cooling is always ready to assist you. One of the main factors contributing to the increase in HVAC costs is general inflation. Rising labor costs and supply shortages have also played a significant role in driving up prices in recent years. However, the new regulations have caused price increases to reach monumental levels. In addition to these factors, the increase in inflation and labor retention problems have made it challenging for homeowners to find affordable HVAC services.
The changes to SEER2 will not only impact the prices of new systems but also affect the costs of older SEER equipment and parts. This is because SEER is a measure of the cooling performance of an HVAC system, with a higher SEER indicating a more energy-efficient unit. While the initial cost of installing a new HVAC system may seem daunting, it is important to remember that this investment can pay off in the long run. Not only will it increase the value of your property, but it will also result in significant energy savings over time. Homeowners who want to get the best deal for installing a new HVAC system should consider purchasing their equipment in the spring or early fall. As trusted HVAC experts in your neighborhood, Team Air-zona is dedicated to making energy-efficient heating and cooling accessible to everyone.
We understand that the recent price increases may be concerning for homeowners, but we assure you that we are doing everything we can to keep our prices competitive. The reasons for these increases are due to a variety of factors, including rising raw material costs, labor rates, fuel and transportation costs, and process changes. Inflation and the impending recession have also forced individuals and organizations to find ways to reduce costs and save money. While the changes in efficiency standards have only recently taken effect, it was projected that HVAC price increases would range between 15% and 25%. Like all manufacturers and distributors of heating and air conditioning equipment, Lennox Industries has also experienced an increase in its costs of service.
