A modern HVAC system might seem costly upfront, but it will save you money in the long run. Improving energy efficiency and creating a healthier environment is worth the investment.
Getting the right estimate is critical for your budget. Various factors affect the cost of a new HVAC system.
Cost Of Installation
The average cost of a new HVAC system ranges from $5,000 to $12,500. This cost depends on some factors, including the size of your home and the reusability of your ductwork.
Most HVAC installation companies like GoGreen Heating and Air charge based on the square footage of space they need to work with. When it comes to heating and cooling, the size of a room is measured in British Thermal Units or BTUs. The bigger the room, the more BTUs it needs to heat and cool.
The contractor and crew will begin removing your old HVAC system and installing the new one. They will cover and protect the floors and walls of your house with drop cloths and tarps to minimize damage and mess. They will also inspect the ductwork to see if it needs to be cleaned or repaired. Adding or replacing ductwork can prolong the installation process. It usually takes a full day for the installation to be completed.
Cost Of Equipment
The heating, ventilation, and air conditioning unit is vital to any home. It keeps you warm in the winter and cool in the summer while also circulating air to remove dangerous allergens and contaminants.
The cost of HVAC equipment can vary greatly depending on the type and size of the system you need. Choosing an energy-efficient model can save you 10 to 20 percent on your energy bill, as can getting a unit that is the right size for your home.
If you want a smart thermostat or other add-ons, they will also increase your overall cost. The ductwork cost also plays an important role in your HVAC installation costs. A good rule of thumb is to expect the cost to be around $15 per square foot for new ductwork in a new house and more for a home with existing ducts that need to be replaced.
Cost Of Ductwork
If your HVAC system requires ductwork to function, it will increase the overall installation cost. The total cost also depends on the size of your home, the type of ductwork, and whether it’s new construction or renovation. The contractor will consider all these factors before giving you a final price.
It’s recommended that you replace your existing ductwork while installing a new HVAC unit. This will ensure all parts of the HVAC system work together to provide optimal efficiency.
The evaporator coil is the part of your HVAC system that connects to the refrigerant lines and produces cold air. It is located above or below the furnace and may be in a closet or finished basement. It can be difficult to access if sheet metal plenums or other obstacles need to be removed. If so, extra labor charges will be added to your installation estimate.
Cost Of Repairs
During the installation, your contractor may discover that your home’s ductwork needs to be cleaned, repaired, or replaced. This can drive up the cost of the replacement.
Then there are the ancillary expenses, such as permits and inspection fees. An HVAC professional will help you navigate local policies and energy compliance programs to maximize your return on investment. This will include finding and obtaining rebates, tax credits, and other incentives.
Your thermostat, which controls your system and tells it what temperature you want your home to be, also can have its ancillary costs. For example, upgrading to a deluxe model that integrates with your smart home and AI assistant will cost more than replacing an older one. You should also expect to pay higher labor rates during peak summer and winter seasons when everyone is calling for service. Plus, overtime and weekend charges for emergency repairs are additional expenses to consider. These are typically charged at double the normal HVAC technician rate.