Can You Save Money By Replacing Your Furnace and AC?

by | Nov 10, 2023

Replacing your furnace and AC at the same time might feel like an expense that your budget simply can’t handle. In actuality, though, getting a new furnace and air conditioner simultaneously could save you money in the long run. Let’s dive into this idea a little further so you can make an informed decision for your own household.

When is replacing your furnace and AC at the same time a good idea?

If you built your home from scratch, aka new construction, your HVAC units will all be the same age. It stands to reason, then, that they could wear out at similar times. The same is true if your home underwent a major remodel that included an HVAC system replacement.

In either case, replacing your furnace and AC units at the same time makes sense. When you upgrade them together, you’ll enjoy higher efficiency from both models and you could even save money on installation costs.

How do you know if you should repair or replace your HVAC system?

With inflation causing the price of almost everything to go up these days, it makes sense to save money wherever you can. When it comes to your HVAC system, that could mean scheduling repairs to keep the system in working order, instead of replacing it altogether. But how do you know if repair or replacement is the answer? You can start by following the tips below.

It might be better to repair your HVAC system if:

  • Your system is less than 10 years old.
  • The cost to repair your furnace or AC is inexpensive.
  • You plan to move to a different home soon.

It might be wise to replace your HVAC system if:

  • Your system is older than 10 years and/or out of warranty.
  • The cost to repair your system is too expensive or you’re constantly having to schedule repairs to keep the system in working order.
  • You could get tax credits for installing a high efficiency HVAC system or realize significant savings on your utility bill for replacing your system.

Tips For Replacing Your Furnace and AC At the Same Time

Now, let’s talk about how replacing your furnace and AC can benefit your home and maybe even save you money.

1. Watch for signs that your HVAC system needs replacement.

Pay attention to how your furnace and AC are functioning. If they are constantly needing repairs or adjustments to operate properly, it’s wise to start thinking about replacing them.

2. Plan ahead and budget for replacing your furnace and AC.

There’s no question that spur-of-the-moment HVAC replacements can be more expensive. That’s because if your system isn’t working, you don’t have the luxury of time and opportunity to shop around. When you plan ahead, you can start adding money into your budget to pay for a new furnace and AC. You can also watch for sales or deals that could save you a significant amount of money.

3. Choose high-efficiency models when replacing your furnace and AC.

There’s a good chance that your older HVAC system is costing you more money than you think. Obvious expenses include HVAC maintenance and repairs just to keep your furnace and AC units operating. But don’t forget about efficiency – older models are likely to be inefficient, using more energy to heat or cool your home. This results in higher energy bills for your household.

When replacing your furnace and AC, look for high-efficiency models. They’ll use less energy which is a win for the environment but also your wallet. Look for AC units that have a high SEER rating (Seasonal Energy Efficient Ratio) and furnaces that have a high AFUE rating (Annual Fuel Utilization Efficiency).

4. Save money with tax rebates, manufacturer incentives, and financing options.

The cost of replacing your furnace and AC could be less than you think if you do your homework first. This includes looking for tax rebates that reward consumers for purchasing energy-efficient appliances. Some HVAC manufacturers also offer incentives to people who upgrade their HVAC system with particular models. And, your local HVAC company may offer financing options for new HVAC systems so you don’t have to wreck your monthly budget.

Repair, Replace, or Maintain Your HVAC System With the HVAC Experts in Queen Creek

At Team AIR-zona, we believe that regular maintenance is often the best medicine when it comes to keeping your HVAC system healthy. That’s why we offer our customers an HVAC maintenance plan. It’s convenient, affordable, and offers great perks to help you keep your HVAC system in working order.

There comes a time in every HVAC system’s life, however, when repairs are necessary. We have you covered there, too! Our expert HVAC technicians will evaluate your system, repair what’s needed, and also offer advice on whether replacement is needed.

When it’s time to replace your furnace or AC, we’re here to help. As a Bryant authorized dealer, and 2023 winner of the Bryant Medal of Excellence, you can be assured that we offer the highest quality HVAC systems with exceptional customer service. Simply give us a call today and we’ll help you find the best HVAC system for your home.

Contact the Best HVAC Contractors in Arizona

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