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Understanding the Real Cost of Residential AC

Air conditioner

There’s long-term convenience and comfort that comes with the investment of a residential air conditioning system. However, this is a significant purchase that can impact your household budget now and over time. It helps to fully understand how the purchase of an AC unit will impact you financially before making a decision.

The Cost of Installation

A central AC unit will vary in price. The cost depends on the size of your unit as well as the brand and type. Installation and labor will be part of the final cost. If your home doesn’t have ductwork in place or modifications are necessary, this will increase the price of central air conditioning.

Your Energy Bills

On average, air conditioning usage will account for about 15% to 50% of a household’s electric bill. As your equipment ages, expect to pay more to run your AC unit. Even with routine maintenance, air conditioners lose their efficiency over time.

Consider investing in a smart thermostat to help control your energy consumption. These devices can learn your cooling habits, adjust settings to reduce runtime, and notify you when it’s time for maintenance.

Maintenance and Repairs

You should schedule a professional inspection of your cooling system once per year. This appointment should include routine maintenance tasks such as cleaning interior components and checking refrigerant levels. There may also be a need for minor repairs to avoid equipment failure. However, there may come a time when you encounter an emergency situation with your cooling system. You may need to pay a premium price for prompt service.

Replacing Your Air Conditioner

Most AC units last between 10 and 20 years. Some high-efficiency models may have a longer life span, but they come with an initial higher price point. Weigh your options and use professional advice when considering and selecting an air conditioner.

Investing in Your Air Quality

It’s important that you maintain healthy indoor air quality in your home. Running your AC unit throughout the summer can help remove dust, allergens, and other contaminants. An AC unit will also reduce humidity, which decreases particulate matter in the air.

Return on Investment

If you sell your home at any point, having an AC unit will increase the value of your residence. Potential buyers appreciate a cooling system, especially in a warmer climate. Consider this value when you’re initially investing in air conditioning.

Consider the pros and cons of air conditioning ownership in your home. Contact our team at Herron Heating & Cooling in Morganton, NC for more information or to schedule an appointment for AC repair or installation.

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