Is your air conditioner struggling to keep up with the blistering summer temperatures? Some people may think air conditioning is an essential survival tool in states with scorching summer temperatures, like Florida and California. So when you and your family are sweating it out during an unexpected AC breakdown, how can you know if a simple repair will cool you down, or if an air conditioner replacement is the better financial and energy efficiency move?
The Signs of a Broken AC
An extremely uncomfortable summertime home may be a dead giveaway that your air conditioner is on the fritz. However, there are other indicators to look out for that may warn you an AC breakdown is on the horizon, including:
- Higher than expected energy bills
- Unusual noises coming from your air conditioner
- Strange odors coming from vents
- Your air conditioner runs constantly
If you are experiencing any of these symptoms, ask yourself the following questions to help determine if AC repair or replacement will end up paying off in the long run.
How Old is Your Air Conditioner?
Most air conditioners are made to last upwards of a decade, but only if they are properly maintained. Have you kept up with regularly scheduled maintenance, and replaced the air filters every 30 days? Is your air conditioner properly sized?
Bigger isn’t always better when it comes to home heating and cooling equipment. An undersized AC unit will work overtime to reach the temperature on the thermostat, and an oversized unit will turn on and off far too often to maintain efficiency. If your air conditioner is improperly sized and over ten years old, replacing your unit with a newer efficient unit that is perfectly sized for your home could provide summer energy savings for years to come.
How Many AC Repairs Have You Done?
Air conditioner repairs can be expensive. However, if you’ve had to call in an HVAC professional multiple times in a short period, the cost of replacement would be comparable. Installing a more dependable air conditioner will give you peace of mind that you can keep your home cool even in the middle of a heatwave!
Financing Your AC Replacement
Upgrading your air conditioner may provide years of energy savings, and offer dependable cooling power right when you need it. But what about the upfront costs associated with installing a brand new air conditioner with a trusted local HVAC contractor?
PACE financing was created precisely for this type of situation. At Renew Financial, we offer homeowners looking for energy-efficiency the opportunity to make needed home improvements, without emptying their savings accounts.
How PACE Financing Works
Property Assessed Clean Energy financing (PACE) is an approved financing program. PACE helps homeowners obtain funds to make their homes more energy-efficient. When you finance your air conditioner replacement with Renew Financial, you can get a new air conditioner for:
- No money down
- No minimum FICO score
- Fixed competitive rates
- Payment terms (up to 20 years)
The best part is, you can finance 100% of the cost of your project, up to $250,000 and payments are made as a line item on your property taxes.
The knowledgeable experts at Renew Financial are ready to answer any and all of your questions about financing your AC replacement using the innovation of the PACE program. So don’t sweat another second when it comes to upgrading the cooling power of your home! Get in touch with Renew Financial today.
