Since the cost of a new air conditioning system can be significant - anywhere from $3000-$6000, on average - most people associate that with simply an expense that needs to be made every once in a while. Ironically though, having a new air conditioning system may actually save you money in the long run because of the reasons that are outlined below. If your system is on the fritz and in need of replacement, contact an HVAC company to talk about all the different ways that scheduling an AC installation can save you money.
Air conditioning systems can last anywhere from 15 to 20 years, on average, but once they hit the halfway point of that life expectancy, the frequency of repairs will start to intensify. These types of repairs will also become more intense, ranging from items like a blown motor to a chipped fan blade, and can cost hundreds if not thousands of dollars to repair. Having a new AC installation at your house virtually eliminates that possibility, not because those repairs will never happen, but because you'll have a warranty that will take care of any issues for at least a year after your AC installation is performed.
Lower Energy Costs
No matter when you bought your current air conditioning system, today's units are much more energy-efficient. This increase in energy efficiency can save you a significant amount every single month in utility bills; most homeowners report seeing a 10% to 20% dip in their energy bills every single month as a result of a new AC installation. While this may not sound like much, if you spread it out over the life of your system, it can make a huge difference in your overall energy expenditure.
Higher Resale Value
Whether you're looking to sell your home right now or not, there's no doubt that a new air conditioning system can save you money when you try to sell it. While few people actually look for homes based on the air conditioning system that's attached to, if you have one that's old and is in a state of disrepair, that'll make it less appealing to potential homebuyers. In addition to this, and inspector may flag certain issues with your air conditioner anyway, forcing you to perform a series of repairs before its fit to be sold, to scheduling an AC installation to perform now will help you when it actually comes.
If you're on the fence about investing in an AC installation, consider speaking with an HVAC contractor to ensure you get the most out of your purchase.