Buying an air conditioning system would always be a little heavy on your pockets. There are multiple costs that are associated with it, be from the installation cost, purchase cost or the maintenance cost.
it varies on the type of the air conditioning system – and completely depends on the weight of it. While modern systems have higher acquisition costs, the traditional ones have higher maintenance costs.
This article will breakdown the different costs that you need to bear while buying an air conditioning system.
Installation cost of the Air Conditioning System
The installation cost of an air conditioning system is often on the higher side, but it also depends on the type of the air conditioning system you want to have. If you are from Sydney, Australia, an air conditioning quote Sydney from a reputed company can help you understand the pricing and options available for your needs.
While a central air-conditioning system will cost higher for you, the split system is perfect for smaller homes — which are on the lower side. The cooling capacity of the split air conditioning systems is lesser compared to the centralized one, which makes it suitable for smaller homes.
In the next stage are the air conditioning systems which are used by school students mostly — the portable ones, that are cheaper when it comes to the installation cost.
Costs due to operations
Air conditioning systems have different operation costs for different versions of air conditioners. What it necessarily means is that the cost depends on the electricity consumption and the energy efficiency.
Based on the size of the air conditioner, the electricity consumption is varied. For a air conditioner that is bigger in size, the electricity consumption is generally on the higher side compared to an air conditioner that is smaller in size.
Energy efficiency is another criteria that can impact the cost due to operations. If you are working with an air conditioner that is very big in size or consumes more energy for operation, then it can result in higher electricity bills.
Studies have shown a reduction of 20 to 30% in the electricity bills if the air conditioners used have an energy efficiency of 4 to 4.5 stars.
Maintenance cost
If an air conditioning system doesn’t operate at its peak, then it means that the efficiency is reduced. As a result, the electricity consumption is more impacting the electricity bills.
Maintenance of the air conditioners are very important as it helps in improving the longevity, durability and performance of the air conditioner.
The maintenance related costs can arise from cleaning of the filters to the damages that are present during operation. Cleaning the filters can cost close to $50 per filter whereas they need to be replaced every 3 months, if not cleaned.
Annual maintenance charges can cost from $70 and go as high as $100. It covers a holistic list of tasks which needs to be done – by the maintenance guys.
The last contribution to the maintenance cost is from the repairs. Repairs can cost from as low as $100 and go to as high as $1000 depending upon the complexity of the problem.
Replacement Cost
Every machinery faces wear and tear, and so is the thing with the air conditioning system. The lifespan of an air conditioning system is 10 to 15 years. After 15 years, the air conditioner needs to be replaced and there is an additional cost which is called the replacement cost in this case.
Factors such as inflation also need to be considered in order to account for the rise in prices of the new air conditioning system. On top of it technological advancement also plays a role.
Bottom line
Before purchasing any air conditioning system, it is important that you make a list of all the costs that are involved so that you can budget accordingly.
Having all the costs noted down gives you the right direction in terms of selecting the right model which is perfect for you based on your budget.