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Buying a new HVAC (Heating, Ventilation, and Air Conditioning) system for your house or business costs a substantial amount. However, this is often accompanied by multiple benefits and peace of mind. Some of the primary advantages include energy efficiency, cost savings, and reduced environmental impact. Whether it is a new residential air conditioning installation in PA or a heating upgrade, a smart investment helps you save a lot in the long run. With fantastic rebates, incentives, and tax credits, you can further reduce the cost burden to a great extent.
Let’s uncover the facts section by section.
Before we specifically dive into the cost-saving benefits of a new HVAC system, let’s first understand the disadvantages of the outdated one. The primary disadvantage of an older unit is its reduced energy efficiency. With time, the components of a heating or cooling unit face wear and tear. The harsh climate of Pennsylvania is also a huge contributing factor that makes units work harder to meet the comfort needs. A significant amount of energy is wasted in each cycle, which increases the utility bills. All this creates a need for upgrading an HVAC system after a specific lifespan. The U.S. Department of Energy (DOE) also recommends replacing an HVAC unit after 15 years to reduce electricity bills and improve energy efficiency.
According to the U.S. Energy Information Administration (EIA), the average monthly energy consumption for residential HVAC systems in Pennsylvania is 817 kWh, and the average monthly bill is $145.17. Multiple resources state that upgrading to a new HVAC system can decrease energy consumption by 20-50%. With these incredible savings every month, you can save hundreds of dollars annually by upgrading your home’s heating or cooling appliances.
Here are a few benefits of new HVAC systems;
Most of the modern HVAC systems are designed with innovative technology and operate at maximum efficiency. Additionally, a single system can provide you with both cooling and heating comfort. Zoning HVAC Systems can control the temperature across various parts of the building. All this helps you get multiple benefits with a single unit installed that consumes lower energy.
This is the benefit directly associated with energy efficiency. Modern HVAC systems maintain efficient operating cycles despite the significant temperature fluctuations outside. It results in less wear and tear and an enhanced lifespan of the equipment. With regular servicing and maintenance, you can further cut utility costs and boost the indoor comfort and air quality.
A significant portion of the comfort budget is allocated each year for repairs. Especially for the older HVAC units in Pennsylvania, repairs are more common due to humidity in summer and frost buildup in winter. Buying a new HVAC unit makes you instantly care-free from the headache of repairs. You can just enjoy an uninterrupted, stable indoor environment for years.
Multiple rebates, energy incentives, and financing options are offered to reduce your cost burden for the HVAC upgrade. The following are some of them;
PPL Electric Utilities: It offers up to $450 rebate for the ENERGY STAR® air-source heat pump and up to $300 for ENERGY STAR® central air conditioning units.
FirstEnergy’s Energy Save PA Program: It offers up to $250 in rebates for qualifying ENERGY STAR® central AC systems and $50–$100 for smart thermostats.
Lehigh HVAC: It offers 0% financing for all residential and commercial HVAC services in Pennsylvania.
PA Department of Environmental Protection: It offers resources for low-income households and lists programs for heating, cooling, and weatherization rebates.
Pennsylvania Home Heating Equipment Rebate Program: It offers rebates ranging from $250–$500 for various high-efficiency heating and cooling systems.
Keystone HELP Energy Efficiency Loan Program: It offers low-interest financing for HVAC upgrades and other energy-efficiency home improvement upgrades.
Inflation Reduction Act (IRA): It offers a 30% federal tax credit (up to $2,000) for heat pumps and up to $600 for air conditioners and furnaces.
Low Income Home Energy Assistance Program (LIHEAP): It offers financial assistance to low-income families to reduce their energy bills.
New HVAC systems are only beneficial and cost-efficient when they are compatible with your building code. The following are some factors that must be considered when buying a new HVAC appliance for your home or commercial facility.
Another important factor for consideration is the expertise of the professional for installation. Whether it is a full-scale commercial heating installation in PA or just a minor repair, the capabilities of the expert matter. We recommend checking the license, experience, ratings, and reviews, and the local knowledge of the technician.
Buying a new HVAC system is accompanied by multiple benefits. It includes reduced utility bills, more comfort, and reduced risk of repairs. Choose the system that is compatible with your building code. Also, check the eligibility for rebates and incentives to reduce the cost burden.
If you are from Pennsylvania, you can get assistance from Lehigh HVAC experts. We will help you select an optimal unit, install it accurately, and claim various rebates and credits. Contact us at 484-961-7044 to learn more.