Cooling System Costs Guide: Labor Costs, Rebates, and Energy Efficiency
If you are thinking of purchasing your first cooling system, or are debating whether to replace your current one, there are some factors to keep in mind. Cooling system costs can vary quite a bit, depending on the type of unit, how much labor it takes to install and repair it, and how energy efficient it is. We at David Leroy Plumbing can help you find the best unit for your needs and budget.
The price of labor is the biggest factor when it comes to cooling system costs. When your cooling equipment is not functioning like it should, you need to decide whether to have it repaired or replace it with a new system. On average, homeowners spend between $410 and $616 to repair an air conditioning unit, while installing one costs an average of between $3,250 and $7,150. These prices can be higher or lower, depending on the size of the home.
While the price alone may convince you to repair your current unit, there are beneficial reasons to consider purchasing a new system. Don’t forget to have maintenance performed regularly so you can keep long-term expenses to a minimum.
Purchasing a cooling system that helps save energy can actually earn you money in the form of rebates. There are a number of rebate programs, including those through your energy company and through the federal government. Depending on the cooling system, these rebates can vary from 10 percent to 30 percent of the cost of the equipment.
An energy efficient air conditioner may not only be eligible for an energy rebate, but you can save money in other ways as well. It is estimated that homeowners with energy efficient systems can save anywhere from 26 percent to 46 percent on their energy bills, which significantly reduces the cooling system costs. New efficient systems also have fewer issues, which cuts down on repair costs over time. If you are debating whether to upgrade your cooling system or have your current one repaired, give David Leroy Plumbing a call at 717-963-2034.