Are you considering installing a new HVAC system for your home, but not quite sure what to expect? Our AnyDay team is here to walk you through the expenses based on a variety of factors. Being aware and educated on what to expect for your home’s HVAC replacement will help you fit it into your budget and ensure it is the correct choice for your home!
Types of HVAC System
The main determinant of the cost of your HVAC replacement is the type of system you currently have. The three most common types of systems are:
- Hybrid Systems:
Hybrid systems bring together two different fuel sources: gas or oil furnaces and an electric heat pump. These provide more efficient heating and cooling and are particularly common in homes that are located in warmer climates. When the temperature drops below 40℉, your heating costs can skyrocket as your heat pump struggles to warm your home. The national average to install a hybrid HVAC system is $2,500-$10,000.
- Split Systems:
The most common HVAC system, split systems or central air systems, contain a cooling system that is typically placed outside the home and a heating system or furnace located in the basement, or in warmer climates, in a closet. The average cost for a 14 SEER split system is $5,000-$12,000 but is all dependent on your home’s ductwork requirements.
- Mini-Split Systems:
Mini-split systems, or ductless systems, don’t require any ductwork and are placed in individual rooms that connect to an outdoor unit. However, the equipment cost for individual units can run at a higher cost. Depending on the size of your home and the number of units you want, you can expect to pay $2,000-$6,000 per zone. If you have more than two zones, you can expect to pay $11,000 and up.
The efficiency level of your HVAC system will have an impact on the overall cost; however, a more efficient unit will lower utility bills and save you money down the road. HVAC efficiency is measured by SEER, Seasonal Energy Efficiency Rating. Today’s systems range from 13-25. Although a higher-rated system will cost you more upfront for installation, it will typically even out in savings on your monthly utility bill.
Size of Your System
Installing the correct size HVAC system for your home is vital to overall performance and efficiency. If you have recently moved into a new home and the system is incorrectly sized, it is the perfect opportunity to get the appropriately sized system installed. If your system is too small, it will constantly overwork to keep your home comfortable, your utility bills will skyrocket, and the constant strain on your unit will shorten its lifespan. The size of your unit is one factor where the cost will range, but should not be a deciding factor.
These are just a few of the main factors that can influence the overall cost of the installation of a new HVAC system. There are a multitude of factors that may arise and can fluctuate and affect the overall cost like labor and level of ductwork. If you’re in the market for a new HVAC system, or you aren’t sure if you need a repair or a replacement, give our AnyDay team a call ANY DAY at (919) 276-0574 to schedule an appointment.