Every year around this time, millions of Americans wait to receive their tax refund.  A large portion depend on their refund to pay off debts.  Some like to use that extra income to plan a vacation or upgrade their home.  However, a new HVAC system is on average not very high on the list, but it should be.  Here are five reasons why you should consider investing your tax refund in an HVAC installation.

Just like almost every industry, market demand can dictate how much you pay for a good or service.  For example, the price you pay for an airline ticket is much different during peak tourism times than let’s say early February.  It is the same model when working with HVAC contractors.  The heating and air conditioning industry is a lot like a roller coaster.  During months that experience extreme temperatures, your heating and cooling system experiences added stress as it runs continuously.  As a result, many HVAC contractors are flooded with service calls.  When the demand on labor is high, the supply on labor is low, and when the supply on labor is low, your HVAC replacement cost increases.  Some homeowners during these peak months have no choice but to bite the bullet on  a new HVAC system.  If your 15 year old air conditioner refuses to produce cold air on a 105 degree summer afternoon in July, it might not make sense anymore to put another $500 worth of repairs in it.

How many times have you bought something with a tax refund, only to barely use it, lose it, or regret it?  What if you actually put that extra income into something that will not only make you feel more comfortable inside your home, but save you money on energy bills in the process?  If your current HVAC is just five years old, it is probably outdated.  Many of the new baseline split system models are more energy efficient than the high end models a decade ago.  What that means to you is that if you currently have an HVAC system fifteen years or older, there is a great chance that you are paying 20-30% more in energy bills than you could be with a new high efficiency HVAC system.

One of the most drastic trends in the HVAC industry is the rising price of r22 freon.  As part of government regulation enacted decades ago, r22 freon is continually being phased out of the market.  Just like HVAC installation, when supply is low, demand is high.  When demand is high, so is the price.  Most central air conditioners over 15 years old use r22.  In the event you need to ad freon to your existing AC unit, it is going to cost you four to five times as much as it did just five years ago.  Upgrading to a newer model will save you money monthly and annually as you properly maintain and service your equipment.

It makes perfect sense.  If you are going to hire an HVAC install team to come out and install a new HVAC system, why pay them only to replace your furnace if you know you’ll eventually be upgrading your air conditioning system.  If you are paying for the time it takes them to set up the install, you might as well knock out both.  Many of the new incentives help consumers save on full system installations.

• Central Air Installations
• Heat Pump System Installations
• Boiler System Installations
• Radiant Floor Installations
• Ductless Mini Split Installations (Ductless HVAC)