Have you been feeling the pinch of rising prices in Greenville lately? If so, welcome to a little phenomenon called inflation, where the cost of everything seems to be increasing while the content of your wallet stays the same.
Even big-ticket items like air conditioners are feeling the heat (pun intended). The cost of manufacturing equipment has gone through the roof, which has led to soaring prices for new HVAC systems.
Now, we know what you’re thinking. “Don’t HVAC prices only go up twice a year?” Ordinarily, this is true… but over the past couple of years, we have faced complications that are anything but ordinary.
A Perfect Storm
First, COVID-related obstacles bogged down the supply chain, which resulted in higher fuel prices and an overall increase in the cost of raw materials. Lumber, steel, copper, and aluminum, all used in the production of HVAC systems, have increased in price by as much as 40% over the past year.
As the country struggled in the wake of the pandemic, factories and freight companies faced labor shortages that extended wait times for production and shipping. To make matters worse, refrigerant costs began to spike due to the political push for more eco-friendly alternatives.
All these extra costs must be absorbed somewhere; unfortunately, it falls on your shoulders as an innocent consumer in Greenville.
Cooling Down Your HVAC Costs
So, what can you do to navigate this tricky situation? For starters, take a breath and evaluate whether you really need that new HVAC system right now. Waiting could lead to even higher costs down the line, but there are ways to work around the current challenges.
A few minor adjustments to the way you use your HVAC system can add months (maybe years) to its life expectancy. The obvious “go-to” advice is to keep your air filter changed at least once per month. The cleaner your filter, the less work your air conditioner has to do.
Keep up with regular maintenance so that your equipment can perform at its peak efficiency. Minor repairs every few months can save you a ton compared to purchasing a brand-new system. You can improve your HVAC function even more with a programmable thermostat… which will help save a few bucks on your electric bill.
When the time comes to purchase a new HVAC system, consider buying an older model with a slightly lower SEER rating. The jump in cost from the “better” option to the “best” option is usually substantial. Many installers will push you towards the latest and greatest system, but be careful… the energy savings over time might be smaller than you think.
Watch for seasonal incentives that can reduce the final cost of your new system. Research tax credits and utility rebates in your local Greenville area, which are often available for certain HVAC upgrades. And, of course, don’t forget about financing options that can make purchases more affordable.
Finally… please remember that Wright’s Air in Greenville, TX, will always be here to help you find the best solution for your needs and budget. We offer comprehensive heating, cooling, and indoor air quality services, from minor repairs to full system installations.
Contact us today at (903) 455-5662, and let us keep you comfortable all year long.