If you are like most people, you most likely look at energy efficiency both in your monthly energy bills and in the usage. Basically this refers to the amount of energy and the amount of money you spend every year for the heating and cooling of your home. So, before you rush out to buy the latest energy efficiency HVAC unit that can heat or cool your house, there are a few things you need to remember.
Total Cost To Pay For Heating and Cooling Your Home or Office
The total cost you pay for heating and cooling your home or office is more than just the amount you need to pay for the utilities. Think about the costs that are direct expenditures for you. They should be taken into account when calculating your total yearly cost and might affect your annual utility balance notes.
Repair and Maintenance Costs
The repair and maintenance costs must be high on the list of the things you have to consider when buying that new HVAC system. Be sure that high efficiency system has all of the latest technology and features. However, you also need to know if these claims have been proven in the market already. You will find out that there is a lifetime warranty for several components. However, will the heating and cooling contractor be around in case something goes wrong? Are they known for honoring the labor warranties that they might have already issued? One costly repair out of warranty may cause the true efficiency to significantly decrease.
Primary Installation Cost
The initial installation cost plays a huge role in the overall efficiency. These days, there are high efficiency heat pumps, geothermal heat pumps, wood burners, solar panels, and many more options. Many of these units boast high efficiency ratings. For example, your current unit works at 60% efficient ratings, you can expect a net energy gain of about 30% when you are using a 90% efficient system. When considering your dollar savings that will come out to over $500 per year. You need to remember that unfortunately, energy costs will continue to increase so those savings will expand every year.
Now, consider your initial installation investment.
- What is your expected payback time?
- Are a few heating solutions less costly than the others?
- Are certain fuels less costly than the others?
Additionally, there are several renewable energy sources, like solar. These include wood, which is extremely popular and is known for its lowest installation and monthly costs. Because it is renewable, it has the ability to be environmentally friendly. However, this heat form needs more user involvement as well.
There are several trade offs to take into account when evaluating the many kinds of high efficiency heat however, it’s worth taking the time to select the kind that makes most sense to you. You will find one that is most suitable for your lifestyle. Just like in the many other aspects of your life, the most affordable choice tend to require the most maintenance. However, don’t let this prevent you from getting the most out of each btu and dollar that is used for heating and cooling your home.
Before you make the decision to install a more efficient heating and cooling option, call North Myrtle Beach Heating & Air if you want to make sure that you install the most efficient heating and cooling system in your home.
North Myrtle Beach Heating & Air
1001 2nd Ave N
North Myrtle Beach, SC 29582