3 Important Things To Consider When Replacing Your Home's Air Conditioning Unit

While most central air conditioning units will run properly for more than a decade, after years of wear and tear the unit will eventually fail and need to be replaced. If you live in an area with a hot climate, you will most likely want to replace your air conditioner in a timely manner, especially if it ceases to cool your home in the middle of the summer. But, replacing an air conditioning unit requires a large financial investment, so it is in your best interest to think things through before making a purchase. If you are replacing your home's air conditioner, consider the following things.

1. Budget

New air conditioning units are not cheap, but they are available at different price points. Before you contact an HVAC contractor for information about replacement units, take the time to figure out your budget and how much you can afford to spend. Ideally, you should pay for a replacement air conditioner with cash, but since a lot of people do not have thousands of dollars sitting around, financing may be necessary. If you're financing a replacement air conditioning unit, make sure you know the interest rate, how long it will take to pay off, and what your monthly payment will be.

2. Energy-Efficiency 

When you're spending a large amount of money to replace your home's air conditioning unit, it makes sense to purchase a new unit that is very energy efficient. While the most energy efficient HVAC units can be more expensive than a basic model, you will save a lot of money on your energy bills in the long run. In many cases, the amount you save over the life of the unit can be substantially more than the price difference between a basic air conditioning unit and an energy efficient model. You may also qualify for rebates or tax credits if you buy an energy efficient air conditioning unit.

3. Warranty

It is always in your best interest to replace your old air conditioning unit with a new one that has a very favorable warranty. When you have a good warranty on your replacement air conditioner, you won't have to worry about paying out of pocket if your air conditioner needs to be repaired or replaced. Just make sure that you have a complete understanding of the warranty terms -- some people do not realize that an HVAC unit's warranty can be voided if a professional HVAC technician does not regularly maintain it. 

For more information, contact your local AC system replacement service.