Are you thinking about replacing your HVAC system? Perhaps you’ve observed a consistently warm interior despite the continuous use of the air conditioning this summer. It’s possible that your current system has undergone multiple repairs, and you’re tired of playing catchup. Maybe you are curious as to how much energy a new HVAC system can save.
Oliver knows that replacing such a vital part of your home can be daunting in expense and undertaking. The expense might appear overwhelming, but when considering long-term savings on energy bills, enhanced home resale value, and the satisfaction of a comfortable living space, the value of an efficient HVAC system significantly outweighs the initial investment. When you choose a reputable company like Oliver you can also take advantage of financing options to help make everything more affordable.
When Is It Time to Invest in a New HVAC System
While certain systems can last for 20+ years, others may only last 15 years or less. Many homeowners start thinking about upgrading their system after 10-15 years to take advantage of advancements in energy-efficient technology. There are many reasons you may need to replace your system due to premature failure, as well.
- Frequent repairs and emergency service calls
- Unusually high energy bills
- Audible loud noises during system operation
- Your home HVAC has been in use for more than ten years
If you live in southeastern PA and are experiencing one or more of these signs, it’s advisable to contact Oliver to explore efficient and budget-friendly options for your home.
What Can I Really Save On My Energy Bills?
Though initially a substantial investment, a new HVAC system not only enhances home value but also contributes to cost savings. According to the U.S. Department of Energy, upgrading your heating and cooling unit can lead to a significant 20–40% reduction in monthly utility bills.
Given the average monthly electric or gas bill in Pennsylvania is around $115, the efficiency reduction over a decade can result in savings ranging from $2,400 to $4,800—a substantial return on your initial investment.
Additionally, contemporary HVAC systems are designed for efficiency and eco-friendliness, meeting stringent fuel efficiency standards. Today’s systems prioritize effectiveness, efficiency, and long-term savings.
Added Resale Value for Your Home
When selling a home, potential buyers prioritize certain features, with a modern, energy-efficient HVAC system topping the list. Newer systems are slimmer, quieter, and more efficient than their bulkier predecessors.
Anticipate potential buyers reducing the asking price if your HVAC system is outdated, compensating for the replacement cost. A new HVAC system significantly enhances the appeal of your property to potential buyers, ultimately leading to a higher resale value.