Purchasing a HVAC System and What to Expect on Costs

With these sweltering heatwaves and rising temperatures, it’s tough to go without a modern air conditioning system these days.  An HVAC system gives homeowners an opportunity to regulate temperatures in a cost-efficient manner.  It is worth accounting for how much the upfront cost of such a system, though.  While it isn’t completely straight-forward as something like a window unit or a portable unit, HVAC costs can be broken down and analyzed, so that you get the best estimate for your home.

We will break down the investment into a new HVAC system and demonstrate how hiring a trustworthy HVAC contractor factors into the equation. 

HVAC system cost per square foot

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Breakdown of the HVAC System

Modern HVAC systems are certainly a better value today than they were 10-20 years ago.  The more efficient, the more expensive generally, but you can calculate how much you’ll get back in energy savings if you have a good idea as to how long you’ll be living in the same house.  Size of your home is also a big factor, more cubic feet of air to cool means more power needed to cool it.

The ultimate deciding factor will be how easy it is to install the HVAC into your home—some homes afford less wiggle-room to fit the unit and do the ductwork, so you will need a technician to inspect and give you a custom estimate.

Parts that influence cost

HVAC systems are divided up into individual functions and components when assessing quality and value.  You need a basic understanding of them before judging one HVAC system over another.

The furnace: The heating element of your HVAC unit, it will either be electric coils, oil, or natural gas-powered.  Each type varies on efficiency and value.

Air conditioner: This is the actual unit that goes outside the house, it contains the compressor that moves the refrigerant through the coils and helps extract heat carried by the coolant.  The unit inside the home is called the air handler, it moves air over the coils filled with coolant to distribute it throughout the ducts before the coolant makes its way back outside.

Ducts: there’s not much to ducts, while it is important to have sound ductwork, the labor itself is the only cost-factor.

How to Lower the HVAC system cost per square foot

A brand new HVAC unit can vary wildly in HVAC system cost per square foot, based on the model, the house layout, and what you have installed currently.  There are some ways you can try to save money, though.  Here are a few tips to get you started:

Keep an eye out for rebates, coupons, or discounts online.  There are even opportunities to receive rebates from utility companies who are trying to encourage newer model HVAC systems to increase efficiency and draw less power. 

Try purchasing your HVAC system when it is off-season.  This when companies get much lower sales and thus want to provide incentives to new customers, especially when it comes to older units.

Do some price comparisons online to find the right company for you.  There are a number of smaller companies out there who will do quality work at much lower rates than the brands with a bigger advertising presence.  You might even find it cheaper to do a full installation in separate jobs, like one for ductwork and the other for the HVAC units.

The Best Value for HVAC system cost per square foot

Don’t be quick to pull the trigger on your purchase.  Try to find a company that will be with you during the whole process and tell you exactly where your money is going, rather than just listing the bottom-line.  High temps can make you do irrational things or miss out on important cues for questionable sales pitches.

Remember to always hire a certified, licensed technician, like those at Torreys Peak Mechanical: torresypeakmechanical.com that can perform HVAC repairs or analyze your HVAC system whenever you have any concerns or problems with how your HVAC system is running.

It’s always best to be safe than sorry when it comes to HVACs running hard or making sounds that you have never noticed before.  The price of ignoring a $100 problem could run you $1,000s of dollars.