new hvac system cost

New HVAC System Cost: Factors to Consider

As your HVAC system ages and develops mechanical problems, you might wonder how much it will cost for a new HVAC system and new HVAC installation service. The team at Eastern Shore HVAC takes pride in their ability to provide affordable, efficient, and high-quality HVAC installation services. If you have any concerns about being able to afford a new HVAC system, read this convenient guide to new HVAC system costs. 

Is It Time to Replace or Upgrade Your HVAC System?

One of the decisions you will have to make when you call an HVAC repair technician is whether to repair or replace your HVAC system. Although the cost of a full replacement of your HVAC system will be high, consider the immediate benefits, including the following:

  • Increased heating and cooling efficiency
  • Improved air quality
  • Lower energy bills
  • Avoiding the hassle and expense of repeated repairs
  • Greater control over your heating and air conditioning 

When you get a new HVAC system, you can benefit from newer technology, including mini-splits, smart thermostats, air purifiers, and humidifiers.  

If your old HVAC system isn’t working as well as it used to, is not keeping up with your lifestyle, or does not give you the best experience, schedule a consultation with a professional HVAC contractor. 

Factor #1: Heating and Cooling Capacity

The type and size of the unit will effect your new HVAC system cost. A larger HVAC system with more power to handle a large volume of climate-controlled air will cost more. As a result, it will cost more to replace the HVAC system if your home or business has high square footage.

One type of system, the mini-split, allows you to direct warm or cool air only to the rooms that need it, so you might be able to use a smaller system if you don’t typically heat or cool every room in your property at the same time.

Factor #2: Ductwork Replacement

It is possible to save money on installation costs by leaving the ductwork in place and replacing the furnace and air conditioning unit individually. However, this approach can have drawbacks. If your existing ductwork is dusty, harbors mold, or leaks, the old ductwork can limit the efficiency of your HVAC system and cause it to wear out or fail sooner than it normally would.

Factor #3: Labor Costs

Larger HVAC systems or HVAC system layouts that require installation of ductwork, upgrades of your electrical system, or more equipment will require more skilled labor than a simpler installation. Your installation technician should provide an itemized list of new HVAC system costs, including materials and labor.

Factor #4: Energy-Efficiency

Manufacturers report the Seasonal Energy Efficiency Ratio (SEER) rating of their furnaces, air conditioners, washer and dryers, and refrigerators. The initial cost of a new HVAC system with a higher SEER rating is likely to cost more than a less efficient model, but the savings in lower utility bills could reduce your total overall costs. 

Factor #5: Smart HVAC Technology

Using your HVAC system in a more effective way can reduce your energy costs. For example, if you do not need heating or air conditioning at certain times of the day, you can set a smart HVAC system to automatically adjust the temperature settings.

Factor #6: Government Incentives

Depending on where you live and the model of the HVAC system, you may be eligible for hundreds of dollars in federal and state tax credits. The rules for government tax benefits can change from year to year, so be sure to have updated information before you decide which system to buy.

Tips for Managing the Cost of Installing a New HVAC

A new HVAC system, including ductwork replacement, can cost over ten thousand dollars; a cost that can be a hardship for some families and businesses. You can manage expenses by  arranging financing and special pricing with your HVAC installation company. If you want an HVAC company that will work hard to make HVAC systems affordable in Eastern New Jersey, your best bet is Eastern Shore HVAC. 

Call Eastern Shore HVAC to Replace Your HVAC  

At Eastern Shore HVAC, a family-owned business, we put four decades of experience to work for our customers. We’re ready to help you select a new HVAC system, design your custom HVAC system, and install it efficiently.

Call us at 732-800-9416 for a free consultation in the Brick, NJ, area. Ask us about discounts and special offers that reduce new HVAC system cost.