If you’re thinking about replacing an HVAC system, maximizing the savings is probably on your mind. Fortunately, there are often ways to get a better deal on a lower upfront cost or realize greater savings over the long run. Replacing heating and cooling systems are not a frequent experience for most people. Therefore, opportunities for savings when buying a new unit may not be evident to the average consumer. Here are some ways to get more for your money while you’re shopping or after you’ve purchased a new air conditioner.
- Investigate utility rebates and tax credits. Research available rebates or tax credits from either the federal government’s Energy Star program or local or state utilities. These can lower the upfront cost and save considerable cash. Often, these rebates and credits tend to be more generous for high-efficiency units, and some are restricted to those units only. On the other hand, you may discover that a single purchase makes you eligible for a rebate or credit from more than one of the potential sources mentioned above. Reputable HVAC companies will be aware of such offers and share with their customers.
- Ask about factory rebates. Often, the HVAC manufacturer itself may offer a rebate program for certain models. (Caveat: Entry-level budget models generally don’t qualify for these money-back offers.) High-efficiency HVAC systems are most frequently included in a program that may offer cash back or provide a special, lower interest rate if you finance the unit (credit approval required). Of course, by purchasing a high-efficiency system, you’ll also get the money-saving benefits of lower operating costs for years to come. Your HVAC contractor will be able to share any rebate offers on the brands they sell.
Ask the professionals at Jackson & Sons about ways to capitalize on HVAC system savings when you’re upgrading to a new unit.