Hello, my name is Darby Aldrich. I would like to talk to you about the importance of maintaining your air conditioning system. When I moved to a hot climate, I did not realize how vital having a running air conditioner was for living comfortably. When the unit just stopped working one day, the temperature inside the house rivaled the piping hot weather outdoors. We had to go to the community center to keep the kids from feeling sick. While we were gone, we had a local HVAC contractor fix the unit. She let us know that some simple maintenance tasks would prevent that situation in the future. I will use this site to closely explore those tasks in great detail. I hope you can use the information to keep your air conditioner running like new. Thanks.
Financing is a valuable tool for many situations. Without options for financing, most Americans wouldn't be able to afford necessities such as transportation or even housing. However, it can sometimes be challenging to know where to draw the line. Although many people choose to finance home improvement projects, how can you know when it's the best decision for your budget?
If you're considering a new air conditioning system, you might be looking into options for financing this substantial investment. HVAC improvements are critical enough to consider loans as a payment option, but it's vital to evaluate your situation first. Below you will find three scenarios where financing your new air conditioner can be a savvy financial move.
1. Rising Utility Costs
Air conditioning and HVAC, in general, can have a considerable impact on your home's monthly budget. If you live in an area with hot summers and frequent heat waves, turning down your AC to save money may not be an option. Older systems can also be highly inefficient, leading to much higher costs in the face of extreme temperatures and increasing electricity rates.
If you're in this situation, you should consider the potential savings of installing a higher SEER unit. You can compare these savings to the cost of your financing options. In many cases, you may find that you save enough money throughout the year to help offset your loan payments, allowing you to save money over the long run while also enjoying a higher-efficiency AC system.
2. Costly Repair Bills
While you can find plenty of estimates about the lifespans of residential central air conditioning systems, the reality is that equipment doesn't just fail all at once. Instead, individual components tend to wear out as your system ages. As a result, you may find that maintaining an older system can quickly lead to frequent and costly repairs.
Replacing your system with a newer, more reliable, warrantied unit can help you avoid unexpected failure and costly technician visits. If you don't have the money to upgrade, financing can replace these random and unpredictable failures with a predictable monthly payment. You'll also gain all the benefits that come with installing a more modern air conditioning system.
3. Low APRs
Even if you have the money on hand for an upgrade, low APRs can make financing attractive. If you need to upgrade your home's air conditioning system anyway, taking advantage of a good deal on financing can allow you to keep that money on hand rather than tying it up in a costly HVAC investment. With a low-interest rate, it's easy to make up the cost of financing by investing that money elsewhere.
While choosing how to cover the cost of an HVAC upgrade is a deeply personal decision that depends on your household budget and needs, financing is an option that's always worth considering. Contact HVAC contractors to learn more about air conditioning financing.
Share24 January 2022
