How Much does it cost to Replace your Air Conditioner?
Many homeowners find themselves at a crossroads when their air conditioner begins to act up. It can indeed be difficult to choose between repairing or replacing an old conditioner. If your HVAC technician gives you two options – AC repair in Hamilton or replacement, which one should you choose? And, how much would it cost to replace your cooling unit? Read on to know more.
If your current system is over 10 years old and you use it extensively in summer, it is time to give the replacement a serious consideration. Another good yardstick that will help you decide if it is time to retire your cooling unit, is the dollar amount you will spend to repair it. If the estimated cost to repair is anywhere near 50% of its value, you are certainly better off investing your money in a new and more efficient unit. A new air conditioning system is certainly a big investment and one that you probably did not budget for. However, buying a new cooling unit will improve the comfort of your home. And, thankfully, at B & G Heating Air Conditioning & Ventilation, we offer easy-to-use finance options to make this purchase easy on your wallet.
So, what does it cost to replace your air conditioner? Most people assume that installing a new air conditioner ends with buying the unit itself. However, replacing your AC involves a lot more than swapping your old unit with a new one. There are other components that affect the final price of replacing your cooling unit.
Size of the Unit:
The cost of replacing your air conditioner depends on the capacity and size of the unit you pick out. Needless to say, the larger the unit, the more expensive it will be. Bear in mind that larger does not mean cooler! It is important to correctly size your home while choosing your cooling unit.
The SEER rating of your cooling unit also has a part to play in the total cost of replacing your unit. New air conditioners have a SEER rating of 15-20. As the SEER rating goes up, the initial purchase cost is likely to go up too. However, a unit with a higher SEER rating will help bring down your utility bills dramatically and thus help save money in the long run.
Oftentimes, based on the design of your new unit, you may also need ductwork modifications. This is important as ductwork plays an important role in circulating conditioned air throughout your home. Failing to modify your ductwork could lead to inefficient cooling and hot spots in your home. Your HVAC technician will conduct a thorough analysis and give you a final quote on how much ductwork modification will cost you.
If you are replacing an older unit, you might also need to update control wiring for your new thermostat. You may also need high voltage wiring as well as new breakers. This calls for electrical modifications that can cost anything in the $100-$600 range.
Overall, installing a new air conditioner can cost you anything between $2500-$10,000 depending on the unit you choose and other factors. If you are looking to install a new air conditioner, waste no time, contact B & G Heating Air Conditioning & Ventilation today. We offer top-notch HVAC services which include AC installation, AC service in Hamilton, ON, and AC Tune-up in Hamilton, ON. Call us at 905-574-8747 for an obligation-free quote.