Despite all your best efforts, you’ll eventually have to replace the HVAC system in your Apex, NC home. Even the most diligent maintenance and timely repairs won’t diminish the fact that all heaters, heat pumps, and air conditioners have finite lifespans. Unfortunately, equipment failure rarely coincides with unexpected financial boons. Most homeowners must plan and budget for these projects long before they’re due.
The good news is that spending constraints don’t have to delay the essential. You can replace or upgrade your heating and cooling equipment by applying for HVAC financing. Read on to discover several solid reasons to use HVAC financing for your next big project.
Make HVAC Replacement Manageable and Stress-Free With Financing
Many HVAC replacements cost several thousand dollars. Buying heaters and air conditioners with high efficiency ratings and adequate power is rarely cheap. With financing, you won’t have to forgo dinners out or buy groceries on a shoestring budget. Financing allows homeowners to retain more disposable income and comfortably cover their other living expenses. With a single, easy-to-manage monthly payment, you can get the equipment you want without temporarily downgrading your lifestyle.
Get Heating Equipment With Cutting-Edge Features and Functions
Applying for and receiving financing can also help you get a higher-quality heater, air conditioner, or heat pump than your budget would otherwise allow. With more money, you can shop for attributes like:
- Enhanced humidity regulation
- Smart features
- Higher efficiency ratings
- Multi-stage heating and cooling
- Zoning
In some instances, it could also mean being able to get more done at once. After all, both heaters and air conditioners tend to last between 15 and 20 years, and HVAC air ducts have estimated lifespans of 15 years. Swapping all three of these things out at the same time will ensure that everything works seamlessly together and that excess wear or efficiency problems in one area of your HVAC system don’t cause issues in others.
If you’re interested in adding integrated HVAC accessories, replacing everything at once will help HVAC installers streamline your entire project. With outside funding assistance, you can take care of important enhancements like adding whole-house humidification or dehumidification equipment, an air purifier, a media filter, or an air scrubber.
Shop for Models With the Best Possible Range of Protections
When budget is their primary or sole concern, homeowners can rarely make the most of warranty protections. Assessing the provisions made by manufacturer warranties and their duration is vital for making informed purchasing decisions. While nearly all equipment manufacturers offer coverage for assembly-related issues and defective parts for at least five years, some companies extend these guarantees for far longer. Having a larger budget could be the difference between having a heating exchanger warranty that lasts for 20 years and one that lasts for just 10.
Sidestep the Costs of Declining Efficiency and Unreliable Performance
When saving for new heating and cooling equipment, many consumers spend years making do with HVAC systems that barely perform. It’s important to note that a furnace with an annual fuel utilization efficiency (AFUE) rating of 85% only maintains this level of efficiency during its first several years of service. It’s estimated that most HVAC equipment has lost nearly half of its efficiency after just 10 years. Thus, even though your furnace isn’t at the actual end of its lifespan, it could be wasting up to 40% of the fuel that it consumes due to aging and accumulated wear.
Delaying replacement to save for new HVAC equipment will leave you with higher energy bills, frequent repair issues, and higher repair costs. Most heaters, heat pumps, and air conditioners experience the greatest number of breakdowns during the last two to three years of their service lives. Sadly, this additional and unnecessary spending makes it increasingly difficult for homeowners to reach their goals. Getting financing now rather than putting replacement off could save you a ton of money in the long run.
Update Your Home, Build Equity, and Catch Up on the Latest Efficiency Trends
Regular HVAC replacement keeps homes on par with the latest market standards. If all comparable properties in your area have already upgraded to modern, high-efficiency HVAC equipment, their owners can sell their homes for far more than your property will fetch right now. HVAC upgrades increase the value and marketability of homes even as they promote greater comfort, safety, and indoor air quality (IAQ) for current residents.
Another important reason to update your HVAC equipment is that efficiency standards are fast-changing. There are currently high-efficiency furnaces that convert as much as 98.5% of the fuel they consume into heat energy. Many new heat pumps and ductless mini-splits produce nearly four times as much heating and cooling energy as they consume in electricity. Whether you’re interested in minimizing your carbon footprint, making the right impression on eco-conscious buyers, or leveraging the latest HVAC technologies, HVAC financing can help.
Make the Most of Available Rebates and Incentives
In general, the least expensive heaters, ACs, and heat pumps tend to be the least efficient. You’ll spend more to get equipment that produces minimal waste and doesn’t cost a veritable fortune to operate. Targeting AC, furnace, and heat pump models at ultra-low prices will do far more than leave you with higher-than-average home energy bills. It will also disqualify you for several high-value rebates and tax incentives. As part of the 2022 Inflation Reduction Act, homeowners can enjoy significant tax rebates for HVAC upgrades, but only when their chosen models meet the established efficiency standards. Getting financing will allow you to target efficient models that, while pricier upfront, could save you money overall.
Make Major Transitions With Financing
HVAC financing can also make the financially impossible, possible. For instance, if you’re tired of heating your home with heating oil and want to transition to natural gas, you can use financing to help cover the costs of essential building modifications and new heating equipment. If you’re interested in electrifying your home and want to install a heat pump or electric furnace, you can use these monies to reach your goals. Getting financing is also a great way to upgrade your central HVAC system to one that’s zoned for customized comfort and greater efficiency.
Take Control of Your Home Comfort Right Now With HVAC Financing
Among the greatest benefits of HVAC financing and the best reasons to seek it is being able to make the changes you want in your living environment right now. Old, under-performing HVAC systems struggle to create and maintain comfortable indoor conditions. Worse still, problems with these systems can worsen indoor air quality, humidity balance, and resident health.
If you’re tired of dealing with unpleasant HVAC odors, mold problems, respiratory troubles, or warped building materials, you don’t have to wait any longer. Upon approval, everyone in your household can breathe a bit easier. You can also enjoy greater peace of mind as you look forward to lower energy costs, fewer moisture-related building damages, and a greater sense of well-being.
Since 1998, we’ve proudly served Apex, NC and the surrounding communities. We offer top-notch heating, cooling, and indoor air quality services. We also provide preventative maintenance plans and HVAC financing. With coupons, regular specials, and highly efficient equipment, we can help you comfortably reach your goals. Get in touch with 72 Degrees Heating & Air Conditioning today to get started.
