Deciding to buy a new air conditioner can put a dent in anyone’s home budget.
Air conditioner cost can vary between $3,000 and $10,000, so it’s no small investment. But that price comes with great returns, too.
Today, we’re looking at what’s involved in determining the cost of an air conditioner, and how much it can cost you to not have one.
Factors That Affect Air Conditioner Cost:
Cooling capacity is measured in tonnes, and that can vary depending on the size of your home, the efficiency of the building materials used, the number of people living in your home, and more.
If you’re building a home, be mindful of the materials you are using when considering the amount of tonnage you will require for an AC unit.
AC units with higher energy-efficiency ratings can cost more but bear in mind this will be offset over the long run by the amount you save on your electricity bills.
Energy-efficient units are one of the best ways to save money on your air conditioner, but you’ll likely have to pay more upfront. To find the biggest savings, don’t skimp on installation costs — you want a qualified professional to install your air conditioner. They will know how to find efficiencies in the system and over time.
Also, don’t buy your air conditioner online. Doing so often voids the warranty.
And if you currently have an air conditioner and are considering replacing it, ask how much you could be saving with a more efficient unit. Sometimes, replacing your system can actually save you money over the long term.
- Labour Costs
Unlike other appliances, the costs of installing an AC unit can vary widely from home-to-home. This is because a number of factors go into the bill, including the type of unit you purchase (some come with more complicated installations). This is not something that you want to DIY.
It can be smart to compare contractor prices, but don’t sacrifice quality for a cheaper bill. For instance, if Contractor A offers to shave a few hundred dollars off your bill, but doesn’t have the experience that Contractor B does, it’s probably worth spending a little bit more.
An AC unit that isn’t installed correctly will cost you more long-term. An improperly installed unit will need more repairs, won’t cool your home as efficiently (meaning greater energy bills), and could even cost you a lot more if it’s the wrong-sized unit for your home. One of the best ways to find a quality installation company is looking for a contractor who sells and installs the AC unit for you (like we do at HomeBridge Canada). This way you can be sure you’re getting the right unit for your home and installation you can trust.
Deciding to Invest
If it’s seeming like air conditioner prices are just too expensive, consider how much it would cost you to not have an air conditioning unit.
You will likely find that you:
- Don’t sleep well during hot months. We have even heard of people with children and pets staying in hotels or with friends during particularly hot weather.
- Are less comfortable in your home overall. While there are ways to naturally cool your home down, they’ll never work quite as effectively as having an AC unit. If you spend a lot of time at home, do you really want to feel sticky and uncomfortable for a good portion of the year?
- Experience mould problems. Warmer temperatures can lead to condensation in your home. Excess moisture comes with a whole slew of problems, including mould and mildew. It can cost more to take care of these issues than it would to invest in an AC unit.
- Have less value in your home. Installing a new AC unit can increase your home’s value should you choose to sell.
- Could be spending more money than necessary. If you have an older air conditioner, your energy bills might be rising, or you may be spending lots of money on repairs and maintenance. Newer models are more efficient. Investing in an upgrade could help your budget.
An AC unit is an investment, but in our opinion it’s worth the cost. Plus, there are ways to bring your initial bill down. For instance, at HomeBridge Canada we offer affordable finance plans to suit every budget. And there are a number of government rebate programs you may be eligible for.
Get in touch with us today to find out how you can make an air conditioner cost fit your budget. We offer our services in Barrie, Orillia, Innisfil, Midland, Coldwater, Bradford, Horseshoe Valley, Alliston, and more.
Call 1-866-876-9986 or visit www.homebridgecanada.com.