When selecting a new air conditioning or heating system for your northeast Ohio home, you may feel somewhat bombarded by efficiency ratings, sizing factors and a variety of pros and cons. But one of the most important issues to consider is the lifetime costs of a unit.
A number of variables are taken into account when factoring these expenses:
- The first consideration is the purchase price of the system, as well as installation charges. Cheaper is not always better, especially if energy efficiency or product quality is low.
- Next, consider future costs — all expenses that will occur after the HVAC system is in place. These include things such as preventive maintenance, repairs, air filters and the cost of energy or fuel necessary to power the unit. This involves estimating the lifespan of the unit.
- This phase involves applying a discount rate to the future costs and then equating them to what present-day costs are. This step is complex, and the U.S. Department of Energy sets these discounts annually and takes economic factors into account. An HVAC professional will possess specialized software that easily handles these calculations.
- Many consumers are finding that investing a bit more in high-efficiency systems, such as those highly rated by the Energy Star program, significantly affect the overall lifetime costs of their system. Additionally, these devices tend to enjoy more longevity, require less maintenance and are better for the environment.
For help in calculating lifetime costs of an HVAC system, contact the experts at Stack Heating & Cooling. We have been serving clients in northeast Ohio for more than 30 years.
Our goal is to help educate our customers about energy and home comfort issues (specific to HVAC systems). For more information about heating systems and other HVAC topics, download our free Home Comfort Resource guide.
Stack Heating services Cleveland, Ohio and the surrounding areas. Visit our website to see our special offers and get started today!
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