Did you know there’s a price hike coming on heating and cooling (HVAC) equipment January 2023? If your home HVAC system is on the older side or you are considering replacing it soon, replacing it now could save you a lot of money—both by purchasing and installing a new system before the price increase and by the savings you will get from higher efficiency equipment.
Price Increases in the HVAC Industry
The U.S. Department of Energy uses SEER (seasonal energy efficiency ratio) ratings to evaluate heating and cooling equipment efficiency. The higher the SEER rating, the more efficient the system is. These ratings ensure all systems meet minimum standards of effectiveness and efficiency. They also help consumers compare and evaluate different systems and make good purchasing decisions.
The Department of Energy revises its SEER guidelines every few years. This time around, the testing parameters have been updated so what was tested as a 20 SEER system is now considered a 19.2 SEER2 system. As of January 2023, Texas will be phasing out low SEER equipment to establish a higher efficiency standard in both new construction and existing homes. The minimum energy-efficiency standards are being raised for all cooling and heating systems. At the same time, a new SEER ratings system, called SEER2, will go into effect. The new SEER2 system uses different testing conditions and is a more accurate way to evaluate HVAC efficiency.
Because of these changes, HVAC manufacturers are redesigning HVAC components to meet the new SEER2 requirements. As a result, prices are set to increase on new HVAC systems and components as of January 2023. It’s hard to estimate just how much more because the cost of a system depends on more than just its SEER rating. According to Forbes, it could be by as much as 30%.
If you buy an HVAC system next year, you can’t “opt out” of the new regulations by choosing a unit that was manufactured before January 1, 2023. Once the new regulations go into effect, any units that don’t meet the new requirements can’t be sold or installed. If you are offered a less than SEER2 estimate after January, BUYER BEWARE. It is against the federal law to sell or install this equipment after the New Year.
Energy-Efficient HVAC Systems Save Money
There’s another great reason to upgrade now, especially if your current HVAC system is older than 10 years or out of warranty. Replacing an old system won’t just save you from having to pay more upfront; over time, it’ll also save you money because new HVAC systems cost less to operate.
New HVAC models are much more energy-efficient than older ones. They use less energy and provide more heating and cooling power, even compared to models that are only 5 to 10 years old.
Consider two-stage equipment or inverter equipment vs. single-stage equipment when replacing a system:
- Dual-stage runs at one stage for a certain amount of time before kicking into the second stage.
- Inverter ramps up slower until it reaches the supply of cooling requested by the thermostat.
The single stage equipment does not ramp up slowly nor run at any percentage under 100% (costing more than usually necessary). In addition, the maximum amperage on a 20-SEER inverter unit is 35. In contrast, a single-stage system or a two-stage system may have maximum amperage of closer to 50. The higher the amperage demand, the more it costs to run.
Call CW Service Pros for HVAC Advice and Installation Services
If you’ve been planning to upgrade or replace your current HVAC system, either now or in the next couple years, there are solid reasons to go ahead and get it done now—before the end of this year.
For expert advice on choosing a heating and cooling system, plus professional HVAC installation, call CW Service Pros. We can help you choose the best unit for your home and your family’s needs and install it on a day that is most convenient for you.