Have you ever wondered why you need to buy a new HVAC system? Many business owners don’t realize purchasing a new HVAC system can save them money. Here’s how you can gain the benefits of a new system while saving yourself some hard-earned cash in the long run.
Ways to know that you need a new HVAC system
When deciding whether to replace your HVAC system, you need to know the signs and symptoms of problems. Here are some of the most common.
Noise issues
As your unit gets older, you may notice squealing, rattling, or other noises that indicate something is wrong. If you find yourself turning up the volume on the TV to drown out the sound coming from your air ducts, it’s time for a new unit.
Poor performance
Your unit may be struggling to keep up with your cooling needs, or it could be releasing warm air instead of cool air. You may notice humid or muggy conditions inside your home, even with the air conditioner running. This can indicate a problem with your unit’s ability to extract moisture from the air.
High utility bills
You may notice a steady increase in your electric bill without an equivalent increase in use. This can mean that your system is working less efficiently and costing more money each month to operate.
Frequent repairs
Most HVAC systems will need occasional repairs over the years, but if you find yourself making frequent calls to the repairman, it is probably time to replace your unit.
How does a new HVAC save you money?
Lower monthly utility costs
How does buying a new HVAC lower monthly utility costs? The answer is quite simple: the systems are more energy-efficient than older models. With Energy Star models, you can expect to reduce your home’s energy usage by as much as 30 percent. This translates into hundreds of dollars per year.
The increased resale value of the home
If you plan to sell your home, having a newer HVAC unit can make it easier for you to market the property. In fact, some potential buyers may be put off by an old system and a high heating bill each month. A new HVAC can make your house far more attractive to buyers, especially if they know it will require less maintenance and have lower utility bills down the road.
A quieter, more efficient system
When you buy a new HVAC system, it is more efficient, and that means you save money on your monthly energy bills. But that is not the only way to save money. To start with, when you get a new HVAC system, you will find that it is much quieter than the one you have now. It may be so quiet that you don’t even know it is running. This means you can spend time in your home without being disturbed by the noise of your old unit.
The other way that a new HVAC can save you money is by making your home more comfortable during the summer and winter months. You won’t have to run the air conditioner or heater as much in order to feel warm or cool enough inside. That can add up to savings over time.
You won’t have to pay for repairs
No matter how old your current system is, you’ll have to repair it at some point. That’s because every HVAC system ages and wears down with use and eventually needs replacement parts or a whole new unit. Sooner or later, the cost of repairs will add up and become more than what you would have paid had you replaced it right away. Some costly repairs that are done on old HVAC systems include:
- Worn or broken belt. Replacing a worn or broken belt is an easy repair to make. The most common reason for frequent or loud belt squeals is lack of lubrication. Worn bearings are another cause.
- Lack of airflow. Lack of airflow from an HVAC unit can be caused by a number of issues. If an older system has dirty filters or a clogged condensate drain line, it may not be able to push air through the ductwork effectively. The same applies if parts of the ductwork are damaged or disconnected.
Your new HVAC will have a better warranty than your old one
Warranties are designed to offer you protection against repair bills. If your old system breaks down and you don’t have a warranty, you’ll pay for the repairs out of pocket. With an air conditioner, it’s possible to pay more in repairs over time than the AC would have cost if purchased new instead. That’s why getting a better warranty with your new system makes financial sense. You’re getting peace of mind at no extra cost.
When it comes to your HVAC unit, it might be tempting to make a small fix here and there instead of getting a new one. If you wait too long, however, you could end up paying the price in more ways than one.