Having an outdated HVAC system can mean having constant repairs, subpar performance, and noisier operation. While some people might think that holding out as long as possible might save them a little extra cash, there are actually some real costs to using an old HVAC system. Would you be better off upgrading to a new unit? Here are a few ways you can see how updating to a new HVAC unit might actually save you money.
Benefits of Buying a New HVAC Unit
A well maintained HVAC system can last around 12 to 15 years, and while we might hope that our system could last longer, often times we end up making these decisions with out wallets instead of our heads. Of course, upfront costs normally seem to make more of an impact than incremental savings do. At around $4,000 to $10,000 for a full HVAC replacement though, it’s definitely not a cheap endeavor. On the other hand though, with newer HVAC systems, you can save money with lower utility bills, special incentives, and not having to pay for as many repairs.
Heating and cooling take quite a bit of energy and living in Southeast Texas, we have all probably experienced those huge energy bills during the hot summers and know the effect your HVAC system has on your monthly expenses. Unfortunately, using an old or outdated system can raise these costs because the poorly performing units decrease the efficiency of your home cooling and heating. Additionally, systems that were built ten years ago don’t have the new and efficient features that modern systems have.
Of course, with a new HVAC system, your unit will naturally require fewer repairs. Because the components are new and it has been recently installed, everything should work without a problem! While keeping your unit properly maintained is important, this can only cover so much. At some point, parts will inevitably wear out, and you’ll need to get your unit fixed. Unfortunately, this isn’t always cheap and as time goes on, you can start to see how things will begin to add up. Newer units normally have these issues though. Because everything is new, you might have a few years of uninterrupted service before problems even start to arise!
While you might still be thinking that if your HVAC unit isn’t broken, then there’s no point in fixing it, this way of thinking can actually end up costing you more money in the long run. These inefficient systems just can’t produce the same type of cooling as new HVAC systems can for cheaper price. Additionally, the price of updating or repairing outdated components can be more expensive and much more frequent. While no one will force you to get a new HVAC system, the costs of not doing so at the right time will definitely start to add up. Generally speaking, it is a good idea to replace your HVAC system around every ten or so years. Of course, this isn’t the same for everyone as different things like environment and maintenance will affect the lifespan of your unit overall. If you are looking to save money though, consider upgrading your unit sooner instead of later!
Contact us for an inspection to see whether you should replace your HVAC system today! After an inspection, our experts can give you a better idea on whether your HVAC is ready to be updated.