Air Conditioning Prices: Comparing the First Cost and Lifetime Cost
There will come a time in our life where we make decisions in buying something, whether we will buy the cheaper ones or the ones that are more expensive. But, there’s a case where making a decision is easy if you will overlook on the importance of its long-term use or on what you are buying. When you will compare the first cost with its lifetime cost of an air conditioning unit, you will find that the end of it would be the most crucial thing that you should consider.
The First Cost
This is the combination of the price of purchase as well as its installation. Depending on which brand you choose, the cost is based on the add-on features and its energy efficiency capability. The most common kind of air conditioning system is the split type system which have an air-handling unit inside and the evaporator coil as well as the compressor located outside.
The installation costs will vary on who will do the job and if there are additional work which needs to be done on ductwork, wiring or on its plumbing. You should consider hiring a professional HVAC contractor who knows well its proper sizing. It is very important to consider the layout and size of your home as well and other factors in knowing how much cooling is needed for your home. This would be the basis on sizing the AC system.
The Lifetime Costs
The lifetime cost of an AC system will vary. This actually includes the monthly energy bills of your new AC system and the costs for its maintenance and repair over its lifetime.
Quality is also very important to consider. Quality AC systems needs to be capable of lasting longer than the cheaper options. It should be able to continue running on its original efficiency level for more than 10 years as long as it gets regular maintenance from the professionals and changing and inspecting its filter when necessary. Quality systems also should result with fewer repairs.
Together with the AC system, you should also remember to consider on the energy-efficiency like air sealing and upgrading insulation because this would allow you in buying a smaller air conditioning unit. Through the way, you will be able to pay less on the capacity and more on the quality.
If you are going consider both the first and lifetime cost of a new AC unit, it will surely help you to easily choose which of the AC units have good quality and a good price. But, it is best if you minimize the lifetime cost than having to spend less and to pay more at the start because it will help you save more money.