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How a New HVAC System Can Save You Money

HVAC System Can Save You Money
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As the seasons change here in Hollywood, South Carolina, we experience high humidity levels and temperatures that vary from cold to hot throughout the year. If the HVAC system at your home can’t keep up with the changing seasons, you’re probably looking into replacing it with an upgraded system. While there is an upfront cost for the new unit with installation, the good news is that once it’s installed, you’ll start saving a lot of money.

Compare Costs

Before you agree to start the installation process with the first company that gives you a quote, make sure to shop around and compare costs. A number of factors impact the overall cost of HVAC installation. These include the size of your home or office since larger buildings require HVAC components that can keep up with higher volumes of demand. The brand that you choose also affects the price tag. The best brands in the industry will have higher prices, but they often come with impressive warranties that will protect you if something goes wrong.

The price for a comparable unit can even vary between HVAC companies in the Hollywood area, so get estimates from two or three different vendors. Feel free to ask questions about major price differences to get an understanding of why one company is charging so much more than another.

Look For Rebates and Incentives

Many of the top HVAC manufacturers offer rebates on their products, so look into these options before you decide on which unit will work best in your home or office. Each of the company websites will include a link to rebates that are currently available and to which units they apply. For example, Carrier offers a $100 rebate to every customer who upgrades from an existing Carrier furnace, heat pump, or air conditioner to one of the units from the brand’s Performance or Infinity series. You may also qualify for over a thousand dollars in rebates, depending on which unit you choose.

Upgrading to a more efficient unit may also earn you some tax credits, which can help offset the cost of HVAC replacement. Local utility companies across the U.S. often provide discounts and rebates to customers who use less energy, so check with whoever provides electricity and gas to your home to find out if they offer any programs. 

Save on Energy

The top money-saving benefit of getting a new HVAC system is improved efficiency, which means your unit won’t waste energy that you have to pay for every month. Most HVAC manufacturers recommend replacing the furnace and air conditioner after about 20 years. So if you have a furnace in your home from the mid-1990s, it might have an average efficiency rating between 56 to 70 percent. Upgrading to a high-efficiency system, which could rate as high as 98.5, will save you an astounding amount of energy.  

Older HVAC systems often had ducts connected to multiple vents in rooms that don’t need constant airflow, such as the garage, attic, or crawlspace. When upgrading the HVAC, your technician can talk to you about options to close these vents or limit how much air goes to them, so you don’t waste a lot of extra money heating and cooling areas that you rarely access.

Keep Up with Maintenance

Regular HVAC maintenance can also help save a lot of money. When your technician comes in regularly, they can look for potential problems and make sure all components are working properly. If there are any concerns, the technician can fix problems right then instead of waiting for more serious issues to arise. Bringing in an HVAC expert for regular duct cleaning is another part of maintenance that can extend the life of your system, reduce allergies and health problems, and improve efficiency to lessen energy waste.

If your HVAC system isn’t keeping a stable temperature in your home or office, now is the time to consider upgrading the system to an option that is more efficient. At Myatt & Bates Heating and Air Heating and Air we offer HVAC replacement services, so give us a call today at 843-628-1775.

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