Worried about the cost of a new air conditioner?
There are no two ways about it – investing in a new heating and cooling system does require a chunk of change. However, there are plenty of rebates and incentives that can ease the cost burden of investing in a new air conditioner.
Manufacturer Rebate
During various times of the year, HVAC manufacturers offer rebates on high-efficiency equipment. Make sure you talk with your contractor to see if your new system qualifies.
Local Utility Rebates
Homeowners in both the United States and Canada may qualify for local rebates. Search the DSIRE database if you are in the United States or the National Energy Use Database if you are in Canada.
Tax Credits
Did you recently have an HVAC system installed? If your system was installed before December 31, 2016, and you live in the United States, your new equipment may have qualified for a tax credit. Did you make sure to check that out when you filed your 2016 taxes?
Contractor Promotions / Financing
Still need a little help affording that new system? Many contractors participate in financing programs that can make a new high-efficiency HVAC system more attainable. Plus, your local contractor may run different promotions through the year.
Remember, it pays to invest in efficiency. Not only will a more efficient air conditioner qualify for more incentives, it can also help you save money over the life of the system (in smaller utility bills). Make sure you do some research when finding your local HVAC contractor. If you think it’s expensive to hire a quality contractor, you should try hiring one that ISN’T fully qualified to install your equipment.