The Future of HVAC Costs: What Homeowners Need to Know

Learn about the impact of new efficiency standards on HVAC costs and what homeowners can do to get the best deal when installing a new system.

The Future of HVAC Costs: What Homeowners Need to Know

As an expert in the HVAC industry, I have been closely following the changes in efficiency standards and their impact on HVAC costs. And unfortunately, the news is not good for homeowners. The truth is, HVAC prices are not expected to go down anytime soon. One of the main factors driving up the cost of HVAC units is energy efficiency. While this is great for reducing carbon emissions and helping consumers lower their energy costs, it also means that newer, more efficient units are more expensive to manufacture and purchase.

This ultimately leads to higher prices for homeowners when it's time to replace their old air conditioning unit or heat pump. But there is a silver lining to this situation. By raising efficiency standards, all new units will now use less energy. This means that even though you may have to pay more upfront when replacing your old unit, the energy savings will help offset some or even all of the additional costs. For example, a 14 SEER cooling unit will consume approximately 7% less energy compared to the old 13 SEER standard. However, there is a catch.

As soon as the government announced the change in efficiency standards, most manufacturers of HVAC systems immediately stopped producing units that did not meet the new requirements. This has resulted in a limited supply of these less expensive units, making it crucial for homeowners to act quickly if they want to avoid paying higher costs. If you are considering replacing your central air conditioner or heat pump before the new changes are fully implemented, Homesense Heating & Cooling is here to help. We offer a full range of HVAC units, including heat pumps, air conditioners, furnaces, and ductless mini splits. Our team of experts can help you choose the unit that best fits your home and budget.

We also provide free estimates for all replacement services, and financing options are available with approved credit. In addition to installation services, our certified HVAC technicians specialize in repair and maintenance of cooling and heating systems, as well as indoor air quality, ducting, thermostats, duct cleaning, and inspection services. If you have any questions about the new efficiency standards or need air conditioning services in the Indianapolis area, do not hesitate to give us a call. While the changes in efficiency standards have only recently come into effect, it was projected that air conditioning prices would increase by 15-25%. Like all manufacturers and distributors of heating and air conditioning equipment, Lennox Industries has also experienced an increase in costs. But that's not all. The HVAC industry is also implementing new energy efficiency standards and conducting tests for central air conditioners and heat pumps.

This could significantly delay housing construction in the state. When you add rising inflation, costs, and labor retention issues to the mix, it's no wonder that many homeowners are facing high HVAC prices and long wait times for service. So what can homeowners do to get the best deal when installing a new HVAC system? The key is to purchase your equipment in the spring or early fall. Many consumers chose to invest in their homes last year, with one of those investments being the upgrade of their air conditioning equipment. General inflation, rising labor costs, and supply shortages have already caused HVAC costs to rise in recent years. But with new regulations pushing price increases to monumental highs, Arizona homeowners are understandably concerned about what this could mean for them.

While the new testing standard may not affect your current HVAC system, energy efficiency adjustments will undoubtedly result in higher HVAC prices in the future. But don't let the high cost of a new air conditioning system discourage you. It is a significant expense, but it is also an investment that can be amortized by reducing energy bills and increasing the value of your home. So if you are in need of a new HVAC system, don't wait any longer. Contact Homesense Heating & Cooling today to get a free estimate and secure your home's comfort and energy efficiency for years to come.