How Much Can You Save With an HVAC Service Contract?

How Much Can You Save With an HVAC Service Contract?

How Much Will Common HVAC Issues Cost You?

Not convinced that having an HVAC service contract can save you money? Let’s compare the price of an HVAC service contract to the cost of replacing and repairing an HVAC system.

• Condenser Motor. Be prepared to spend around $600 to $1000 to replace one condenser motor. You could end up paying $2,500 to $5,000 if you’re dealing with a damaged compressor.
• Blower Motor. It costs $800 to $1,500 to replace a blower motor. That’s approximately six years on an HVAC service contract, when you could have prolonged the life of it.
• HVAC System Replacement. Brace yourself because replacing an entire HVAC system can cost you $7,000 to $15,000. Routine maintenance will help your HVAC system last longer.

How Can an HVAC Service Contract Help Save Money?

If you’re thinking, “Why would I want to spend another $150-$500 a year?”, take a look at the undeniable benefits of an HVAC service contract:

#1 Energy Efficiency

A well-maintained heating and cooling system consumes 20% to 30% less energy. Hence, if you spend $180 on electricity, an HVAC service contract could save you $36 to $54 each month. This means that you can keep your hard-earned cash in your pocket!

#2 Repairs and Replacements

An HVAC service contract covers preventive maintenance. An HVAC contractor will regularly inspect your HVAC systems to spot issues early on. That way, you won’t have to waste your money on repairs that you could have avoided.

#3 Discounts

In the event that you need to purchase parts, you can take advantage of the discounts that come with the HVAC service contract.