Initial Costs for HVAC going up – Energy Bills Going down
The Department of Energy’s (DOE) new conservation standards for residential HVAC equipment are set to change in 2015. This means that for Texas, as well as the rest of the south, there will be an elevation in the minimum energy efficiency rating allowed on newly manufactured air conditioning equipment. The current minimum is 13 SEER (Seasonal Energy Efficiency Rating) which is being bumped up to 14 SEER. These new standards will come into effect on January 1st 2015 with an 18 month grace period.
How does this effect you?
Well for starters if you are thinking about buying or selling a home consider that the HVAC system is the most expensive appliance. Should you need to replace your HVAC system the cost to do so will be going up by several hundred dollars in the coming year. On the other hand, having a more efficient AC system will help reduce utility bills.
Be aware of the HVAC system age when buying a home.
Air conditioning systems in Texas have an average life span of about 12-15 years. When buying a home you must have the awareness to check the age of the A/C system. Just because the system was “working” during the home inspection does not guarantee it will keep doing so. A/C Failure is especially stressful to new home owners because replacing air conditioning is one of the least prepared for financial events and at the same time the most expensive home appliance. If you are ever unsure about the condition or lifespan of an air conditioner be sure to contact a qualified professional.