3 Ways Updating Your HVAC System Can Save You Money
Updating your HVAC system isn’t a high priority on many homeowners’ lists because of the complicated nature of the units and how difficult it can be to get to many of the components. However, updating your system and keeping it regularly maintained can help you save money and gain a more efficient HVAC system. Discover the top three ways that updating your HVAC system can help you stick to your budget.
Reduce Energy Usage
Older HVAC units tend to exert a much stronger pull on the electricity grid, while new systems are beginning to emphasize higher energy efficiency. Not only can this help you save money on your utility bill, it can also help keep your home as environmentally friendly as possible thanks to the smaller amount of energy the system consumes.
The difference between energy usage of older and new machines can be seen when comparing SEER (Seasonal Energy Efficiency Ratio) ratings. Before 2005, most units had a rating of ten or under. However, as of 2005, manufacturers face a minimum rating of SEER 13 for all units, except for window units. The higher your unit’s SEER rating is, the better the energy efficiency.
Besides traditional units, there are new systems that can increase efficiency, including geothermal heating, which uses the Earth’s temperature to heat your home. While these systems are more expensive, they can help drastically reduce your home’s energy intake, thus lowering your utility costs over time — geothermal units can cut your heating bills by up to 70%.
In addition to decreasing the general pull on the electricity grid, updating your HVAC unit can increase the unit’s efficiency at heating or cooling your home. New units can regulate the temperature of your home better, particularly when aided by an updated thermostat. Modern thermostats allow homeowners to customize the unit’s temperature schedule without having to adjust the thermostat manually.
Besides updated thermostats, new HVAC units include design elements such as variable-speed air handlers as well as more efficient and updated coil designs, which regulate temperature much quicker and more accurately than older units.
Decrease Maintenance Costs
Updated units are made with more lasting power than some of the older, cheaper units. When updating your HVAC system, it’s important to keep in mind the lifetime costs: buying a more expensive unit means that the manufacturer has included high quality parts that, ideally, will hold up longer than their cheaper counterparts.
Newer units are also made to handle the demands of today’s household. Older units may not be able to keep up with the current standards of living, and parts will break down when pushed past their capacity. Older parts can end up being more expensive because they are no longer in production, while newer models will have their replacement parts out on the market shortly after the unit itself is put out for sale.
Updating your HVAC unit can not only cut your energy bills and increase your home’s efficiency, but it can also reduce the amount of money you’re spending on maintenance.
Image via Flickr by Eva Cristescu