Will a new air conditioner or a major air conditioning repair fit into your home improvement budget? Before you skip an essential cooling service, take a look at what you need to know about costs, AC installation, air conditioning repairs, and your options.

Can You Wait?

The answer to this question depends on a few factors. Some homeowners can wait to replace their air conditioner. But this isn't always the case. Some homeowners shouldn't wait to schedule an air conditioning installation service.

If your system is newer, cools the interior space efficiently, or has an issue a qualified technician could easily repair, you won't have to invest in a new air conditioner. But if the AC is always out, your system pumps warm air into your house, your summer-time electricity bills are out of control, or your air conditioning repair contractor has the top spot in your phone's contacts list, seriously consider a replacement. 

Are Air Conditioners Expensive?

The new air conditioner you choose is an investment. Even though an HVAC appliance is a higher-priced purchase, you will use your home's new cooling system for years. It's also possible to find systems at different price points. 

Talk to an HVAC professional to learn more about the brands, models, and pricing options. A contractor can inspect your home, assess your cooling needs, and provide more than one air conditioners to choose from. The pro can compare the benefits and drawbacks of each option and explain how the initial price impacts the quality and overall costs to use an AC unit.

How Can You Save Money On AC Costs? 

While it may seem like you could save money by waiting to replace the system, this could cost you more (in higher energy bills) over time. According to the U.S. Department of Energy, AC use costs Americans nearly $29 billion collectively each year. The more efficient your air conditioner, the more you could save—compared to your current AC system.

Along with potentially pricey electricity bills, an older system may fail or have chronic problems. This can result in the need for constant repairs and the service-related bills that come with them. A new system may decrease your home energy bills and cut unnecessary repair costs. 

Instead of focusing on the initial price of the new air conditioner and how it fits into your home improvement budget, think about your savings over time. These savings could balance your overall home budget. 

Reach out to an HVAC contractor for more information about AC installations in your area.