If your air conditioning unit leaks or fails to effectively cool your home, investing in a new unit may be wiser rather than incur frequent repair bills. Repair costs can quickly add up, so investing in something which won’t need constant attention might make more financial sense in the long run.
New air conditioners will also be more energy-efficient, helping you cut back on rising energy costs. Here are some factors to keep in mind when deciding if or when it is necessary to repair or replace your AC unit.
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The age of your air conditioning unit is an important consideration. If it has reached 10 years or beyond, purchasing a new air conditioning system might make more financial sense than continuing repairs on an older system.
Replacement may be especially advantageous if your old unit presents safety risks such as carbon monoxide or fire hazards. Plus, upgrading to an eco-friendly refrigerator that uses refrigerants that won’t harm the ozone layer could save money while helping protect it!
Replace your old AC unit if it does not sufficiently cool your home, is frequently breaking down, or is creating poor air quality by filtering out dust and allergens that build up over time. A new unit can also improve indoor air quality by filtering out allergens such as pollen accumulating over time.
2. Energy efficiency
Your air conditioning unit’s efficiency will affect its costs significantly; SEER (seasonal energy efficiency ratio) ratings help measure this; if yours falls below minimum standards, now could be the time to upgrade and save some cash!
An ineffective air conditioner wastes energy, raising your electricity bill. Furthermore, its wear and tear may accelerate quickly, leaving you with sudden bursts of cold air or hot spots around the home.
An increase in dust in your house and high humidity levels are telltale signs that your air conditioning unit may no longer be functioning efficiently and may warrant upgrading for more significant energy savings – mainly since many older units rely on Freon refrigerants which deplete protective ozone layers – though these types of refrigerants are gradually being phased out by federal legislation.
3. Repair costs
When one part of your air conditioning unit breaks down, it may be cheaper to repair it than pay for an entire replacement unit. But if multiple parts break down at once, this could end up costing more over time.
Homeowners should take note of the total costs involved with repairs, including labor. As a general guideline, if repair costs exceed $5,000, replacing their air conditioning system might be wiser.
Homeowners should also consider whether or not they have a warranty that covers repair costs for an air conditioning installation, which could save them both money in the long run. Also, new AC installations have the potential to increase selling prices if moving is imminent – an added advantage!
4. Comfort level
If your air conditioning unit is no longer keeping your home comfortable at the temperatures set on its thermostat, replacing it may be the answer. Simply turning up the AC may make matters worse by placing additional strain on components that could already be worn out.
An air conditioner that’s 15 or older may struggle to cool your home effectively. If cooling issues still remain, mismatches in size or capacity might be to blame; this could also increase energy bills while shortening its lifespan.
Noisy air conditioning units can wake you in the middle of the night with their loud rumbles and rattles, but with newer units being quieter, you should get an uninterrupted night’s rest without interruptions.
No matter its age, always ensure your AC unit is covered by a warranty plan to avoid expensive repair costs in the future. Doing this will safeguard you from potentially high repair bills if something goes wrong with it.
However, many things can void an HVAC system warranty, including failing to register the equipment with its manufacturer and performing regular maintenance checks on it.
Keep all paperwork related to service visits or repairs done on the system; this can come in handy should you need to submit a warranty claim.
Your technician may provide invaluable insight as to which paperwork needs to be submitted and which information needs to be included for claims to be accepted; this will expedite receiving any reimbursements or replacement parts you may qualify for faster.