|It’s not just about the upfront purchase price when a homeowner or business is looking to buy new heating, air conditioning, or ventilation products. Managing the long term costs of your HVAC systems is what saves the mostmoney. When consumers focus so much on, “how much is this going to cost me?” for their heating and air conditioning products and services, they almost always spend more in the long run. You might be thinking that makes no sense. Well, the question “How much is this going to cost me?” simply says that the consumer is interested in the upfront cost of the product or service. Since HVAC equipment is mechanical (like a car), this can be very misleading. To get the longest life from HVAC equipment the quality of the install and service must be excellent. Much like your car, if you purchase a vehicle or HVAC system with only the upfront cost in mind, you will probably end up paying a lot more over the life of the auto or HVAC system than if you reviewed the purchase on the entire cost of ownership.
Look at the Overall Cost of Ownership of HVAC Products
When a consumer gets multiple bids and only looks at getting the best possible price upfront, say saving $4,000 on a system by going with the lowest bid, their thought is that they are saving all that money. The truth is that they are not saving anything, as they will spend much more over time maintaining improperly installed HVAC equipment then the properly sized and installed higher priced system. In addition, the consumer will probably spend much more on service and repairs or may even need to replace the system before it reaches its maximum life span. The take away here is that when making an HVAC purchase you should work within a reasonable budget and look at your purchase from the overall cost of ownership, not just the upfront purchase price.
Compare Bids & Check Company Reviews
Real savings come from managing costs over time. Long term costs are true savings that occur from properly managing your budget and maintaining your HVAC equpiment. Let’s look at two neighbors (Homeowner A and B), both needing a new heating and cooling system. Both homeowners obtain bids from the same companies, with most bids being in the range of $9,000 to $11,000 for an equivalent system. However, there is one bid that is much lower, coming in at $6,000. Homeowner A decides to go with the low bid, as they see it as a tremendous deal. Homeowner B decides to go with a bid that came in at $10,500. B made their decision after asking questions about the install and what they could expect, reading online reviews about all the companies, and reviewing what things came with the installation. B found out that the low priced company did not provide things like disconnects, free follow up service if needed, and that the company had some complaints.
After a period of 8 years the two neighbors compare HVAC costs. Homeowner B has had no further HVAC costs except for a maintenance contract with their HVAC contractor, while homeowner A has spent an additional 10k in service calls and repairs. Because of the proper sizing and installation, as well as proper HVAC maintenance through using the maintenance contract, Homeowner B has also managed to spend less on utilities as their equipment continues to operate at peak efficiency levels. Homeowner A, however, also decided to get a maintenance agreement from the low cost contractor but the periodic service never was completed by the contractor because they couldn’t afford to spend much time on annual checkups and materials for the price the contractor bid.
Tips on Purchasing HVAC Equipment
Just remember that it is not hard to find a HVAC contractor, however it is much more difficult to find reliable ones. There are some great HVAC companies out there. Just remember a few things:
1. True savings are not determined by upfront costs…True savings are determined by long term cost of ownership.
2. Ask questions about what’s included and ensure you compare “apples to apples”.
3. Check online reviews for any HVAC contractor who provides a bid. Check companies for complaint history and a failure to correct continuing problems, as well as make notes of those that have glowing 5-Star reviews.
4. Review their maintenance agreements and seriously consider signing up, as many offer nice savings on service and repairs.
Check Out Our Reviews and Call Rumpca for Your HVAC Needs
If you are looking for a new heating or cooling system for your home in Woodbury, Cottage Grove, and any of the surrounding communities on the east or southeast side of St. Paul, please give us a call at (651)459-2896. Also, check out our reveiws on our website and online review sites. We are proud of the service we provide our customers. Rumpca Services is proud to be one of the very few designated Lennox Premier Dealers in Minnesota. This is an assurance of premium service, premium products, and premium satisfaction. It is a guarantee that we are trained and independently evaluated on an ongoing basis as part of our commitment to quality and excellence.
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You can always count on Rumpca Services, Inc. to get to you fast and get the job done right the first time. We use state-of-the-art diagnostic equipment to find the source of your heating and air conditioning problems and fix them fast.