The Answer Guide
Is it Worth Fixing?
We can repair just about anything that may go wrong with your heat pump or air conditioner, but should we?...
This year it may not be worth fixing.
Let us explain why.
Yes, we can repair any problem with your heat pump or air conditioner in most cases. But is that really what you want?
Usually repairs make sense. But sometimes they do not. After 2005, new federal energy standards will boost the cost of air conditioning equipment by 35% or more. This year, it might make more sense to apply the cost of a repair towards a new system.
A Few Facts
- After the end of 2005, new regulations will mandate a 30% increase in cooling equipment efficiency.
- To meet the new standard, manufacturers must use more expensive compressors, add costly valves, and significantly expand the size of the heat exchangers. Because of the added costs basic air conditioners are projected to cost 35% more after 2005. Installation costs may also increase due to problems related to fitting the larger systems into tight spaces.
- If your air conditioner is ten years old, today’s standard efficiency air conditioners are probably twice as efficient as your old air conditioner.
Why Replace Now?
If your equipment is ten years old, you can apply the cost of today’s repair towards a new system. You save the expense of more repairs this year or next year, cut utility expense, and avoid the 35% cost premium resulting from the new federal energy mandate. If your equipment is ten years old, you will need to replace it in a few years anyway. Today’s repair may be little more than money down the drain. Instead of spending money on repairs, invest in a new system that’s almost as efficient as required by the new standard, but considerably less expensive.
How Can I Save The Most Money Today?
With approved credit, you may qualify to finance the entire cost of a new heating and air conditioning system. Depending on your qualification and available programs, payments may be offset by your utility bill savings with a modern, new, more efficient system. Plus, you will not have the nasty surprise of more unexpected repairs.
Will Comfort Improve?
Yes. Newer, more efficient systems usually result in dramatic improvements in the comfort of your home. Of course, it may be necessary to replace old, worn, leaky duct systems to ensure you get the most from your system.
© 2005 Service Roundtable