While you may be content with the Air Conditioning unit that’s already installed in your home, there are many financial benefits to upgrading to high-efficiency Air Conditioning in Chandler. While older air conditioning units can have efficiency levels of as low as 60%, new high-efficiency Air Conditioning Chandler can have close to 100% efficiency. These units last longer, are better for the environment, and can save you money in the long run. Keep reading to learn about the many financial benefits that can come from installing high-efficiency Air Conditioning in Chandler.
Government Tax Credits
Thanks to government stimulus programs, installing a high-efficiency air conditioner makes you eligible for a substantial tax credit. According to the government’s Energy Star program, anyone installing an air conditioning unit with a SEER rating of at least 14 can receive up to $300 back on their income tax return. Simply check with your HVAC contractor to make sure the unit you’re purchasing is eligible; they’ll have all the information you need on the program.
Manufacturer Rebates
In addition to the government’s tax refunds, many manufacturers are offering substantial rebates on their high-efficiency equipment. For example, major air conditioning manufacturers like Carrier frequently offer rebates of up to $1,450 when you purchase a qualifying high-efficiency unit. Again, the best way to learn about these special offers is to talk with your HVAC contractor.
Lower Energy Costs
A high-efficiency air conditioner can save you a bundle on your energy costs. In fact, according to the Energy Star program, replacing your older unit with a high-efficiency model can save you up to 30% on your cooling costs. Considering that the average household spends over $1,000 each year on cooling costs alone, the savings can be substantial.
Extended Warranties
Unlike the warranties for traditional air conditioners, the warranties for high-efficiency air conditioners are usually extended and encompass more parts and repairs. Most manufacturers are now offering 10-year warranties on a unit’s parts, and are even heavily discounting warranties that include labor costs for the same time period. These longer, more inclusive warranties can save you a substantial amount of money on the cost of expensive repairs.
There are many financial rewards that can offset the cost of upgrading to high-efficiency Air Conditioning in Chandler. Tax credits, rebates, warranties and lower energy costs make this an attractive time to make the switch to a new unit for your home.
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