Why are hvac systems so expensive right now?

The increase in air conditioning prices is due to a convergence of global factors. How COVID-19, bottlenecks in supply chains, the red-hot housing market, labor market restrictions and even the war in Ukraine are making air conditioning systems more expensive. There is no doubt that, for a couple of years now, the prices of air conditioning systems have risen. Perhaps the most important thing to keep in mind the next time you request a quote for an air conditioning system is that the cost is made up of several components and factors.

The contractor's top priority should be to make the most of a system's lifespan, but if a new system is needed, consider these new regulations, the initial additional cost they entail after the new year and the possible lower monthly operating costs they could entail, and call a certified heating and air conditioning technician to analyze it. The new SEER2 test procedures for manufacturers, as mandated by the Department of Energy, will more accurately reflect the current field conditions of the equipment in use, allowing HVAC systems to last longer to meet these new efficiency standards. Regular maintenance of HVAC equipment is imperative, whether a new system entails a future cost or not. The new changes to the SEER2 will cause increases in the prices of new systems and will affect the costs of old SEER equipment and parts.

We've described some of them here individually, but to fully understand them in context, it's helpful to think about how the HVAC supply chain works from start to finish. Meeting this increase in standards means that the total costs of new HVAC equipment will increase by up to 30 percent next year. Whether or not there are cost savings (and, if so, how much it will be) will depend on the size of the space in which the system is running and the type of unit that has been used before. In your air conditioning system, such as heat pumps and variable speed units, for example, there are semiconductor chips.

It would be great to point out just one factor driving these price increases for air conditioning systems (after all, a single problem is much easier to solve). MINNEAPOLIS Daikin Applied announced a price increase of up to 5% on commercial heating, ventilation and air conditioning (HVAC) equipment. These record-breaking extreme heat events, which occur in many places, cause the demand for cooling systems to increase even more than what usually happens in summer. Hotels, motels and other short-term rentals, which previously could have had a lot of time to manage maintenance and maintenance, were under great pressure: faults in heating and cooling systems needed to be repaired more urgently and in greater numbers than before, putting great pressure on air conditioning companies and supply chains.