HVAC Components, Cost Factors and Lifespan
Benefits of a HVAC System
Upgrading to a HVAC system can save you up to $500 a year. These systems provide heating, ventilation, and air conditioning to your home. Here is a look at how HVAC systems can you money.
Typically used for your home or business, the HVAC system is supplied by natural gas or oil fired furnace that contains a heat responder responsible for warming the air. The ventilation duct attached to these systems move the heated or cooled air throughout the interior of the home.
Unlike the furnace, the unit is placed outside of your home and operates on electricity. A compressor and coolant removes the heat from the air. Thermostats act as the brain of these systems. If turned on or off, it can be operated manually or set to a predetermined temperature.
Lifespan and Cost
The average lifespan of a HVAC system is 10 to 15 years however may suffer from premature failure if it was installed or maintained improperly.
The cost of a HVAC will vary depending upon your area and fuel source. In initial costs of a HVAC system cannot be completed until you look at the overall maintenance needs, monthly utility costs, and efficiency ratings. For a 1,000 square foot home, the cost of a full HVAC system can range from $6,000 to $12,000.
Upgrading to a HVAC has many benefits. Purchasing an Energy Star qualified one can end up cutting down bills up to $400 a year. Sealing and insulating all ducts throughout the home can improve the efficiency of the system and save an additional 20% off. Thermostats that allow you to predetermine home temperatures and control the unit when deemed needed can save the home $180 on a year.
Optimize Your HVAC's Operation
Additional energy efficient tips can be used to optimize your HVAC system. First, replace single pane windows with energy star windows with an average yearly savings of $126-465. Increase the thickness of insulation within your home and save an additional $95 to $145 per year for every 1,200 square of ceiling area.
Seal all cracks and openings around windows and doors. This can account for 12% of lost air and health.
Rebates and Deductions
Utility companies in your area may offer dollars in rebates or other extremely attractive financing offers for homeowners that purchase a HVAC. As a result the homeowner can reduce monthly energy consumption, release fewer greenhouse gasses, and create a decrease dependence on foreign energy.
In 2013, the Feds created an energy tax credit for those purchasing heating or cooling systems related to energy efficient improvements.
A list of maintenance tips for your HVAC system.
• Maintain no less than twice a year.
• Keep air filters clean inside your home to lower the unit’s electricity use by 5-15%. Change every 60-90 days.
• The ratio of spending for the HVAC should be 70% maintenance and 30% corrective maintenance.
• With all factors included within the maintenance of a HVAC, it can be as much as 50% less than those who routinely maintain their equipment retroactively.
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