The annual inflation rate in the US accelerated to 9.1% in June of 2022, the highest since November 1981, and it is taking a toll on HVAC companies.
According to the Department of Labor’s Consumer Price Index, the cost of a new HVAC system has increased because of the rising price of copper, steel, and other metals used in HVAC equipment. According to Associated Builders and Contractors, construction input prices are up 20.1% from a year ago.
“Thankfully, we have continued providing top-notch service to our customers while keeping our rates at a minimum,” says Jamie Griffin, Service Manager. As everything continues to go up, he suggests seasonal maintenance to keep utility costs down and extend the life of your equipment.
If you’re in the market for a new HVAC system, you can expect to pay more than you would have a year ago. Schedule a free in-home replacement estimate! With options for extended warranty coverage and 100% financing, we can make recommendations based on your family's specific requirements and budget that deliver real comfortable results!
HERE ARE A FEW THINGS YOU CAN DO TO OFFSET THE COST OF INFLATION:
1. Consider High Efficiency Equipment
A good place to start when you’re trying to save money? Your energy bills. Investing in a more efficient HVAC system can add up to substantial savings. High-efficiency furnaces and air conditioners cost more than their standard counterparts, but they also use 10-15% less energy.
2. Look for Rebates and Incentives
Many utility companies, like Piedmont Natural Gas and Duke Power, offer rebates and incentives for customers who replace old, inefficient HVAC systems with new energy-efficient equipment. Check with your local power and gas companies to see what’s available in your area.
3. Call Helms Heating & Air Conditioning of Union County!
Whether you're in need of air conditioning maintenance, repairs, or replacement in Charlotte and the surrounding areas, we take pride in keeping your home comfortable and your HVAC equipment operating as efficiently as possible.