Double Digit Increases Predicted for AC Repair Costs Summer 2017

DALLAS--(BUSINESS WIRE)--Homeowners who need to add the widely used R-22 coolant (also known as

Freon(TM)) to their home's AC systems have found it to be a chilling

experience this summer, due to sharp price spikes. Senior management at

Service Experts Heating & Air Conditioning (ServiceExperts.com),

North America's largest residential HVAC repair service brand, predicts

that prices will continue to rise by double digits during the 2017

cooling season.

The significant increase is due to a government mandated phase-out of

R-22 refrigerant. Production of the chemical, believed to contribute to

ozone depletion, will cease in 2020. In 2017, production of R-22 will be

reduced by 28% from 2016 levels, and that percentage increases annually

for the next three years. As supplies decrease, retail prices have

increased.

But "topping off" the AC this summer with R-22 isn't the solution. Rob

Haines, Marketing Manager with Service Experts, said low levels of

refrigerant in a central AC system indicates a bigger issue. "Any time

that R-22 has to be replaced in a system, it indicates there is very

likely a leak somewhere," he commented. "In the past, just adding more

R-22 refrigerant was a short-term cost-savings, versus repairing or

upgrading the air conditioning system. But as the cost of R-22

refrigerant continues to increase dramatically, it now makes more sense

to consider longer-term solutions."

Even though fall is on the horizon, there are still many options for

cost-savings on new AC equipment. The U.S. government has extended $500

tax credits on new high-efficiency heating and cooling equipment, but

the system must be purchased by the end of 2016. (Certain sustainable

systems have even higher discounts over a longer timeframe.) These

credits can be combined with manufacturer's rebates, such as Lennox

rebates of up to $1,700 available through mid September. Local utility

rebates can be taken at the same time, where available.

Haines adds that monthly energy savings also should be considered by

homeowners. "A new high-efficiency system could save up to 50% on

monthly utility bills," he commented. "By taking advantage of all of the

latest sustainable refrigerant and energy options, including a monthly

payment plan such as one of the many that Service Experts offers,

homeowners may find that a brand-new system is a comfortable fit for the

family budget, as well as making the home a more comfortable retreat."

ABOUT SERVICE EXPERTS

Founded in 1996, Service Experts is a leading provider of HVAC repair,

maintenance, new equipment sales and related services to residential and

commercial customers in 29 states in the U.S. and three provinces in

Canada. Headquartered in Plano, Texas, Service Experts is North

America's largest heating and air conditioning company, with 90

locations serving approximately 2,000 homes and businesses, on average,

each working day. HVAC services include: residential HVAC service and

replacement; ancillary residential home services, including plumbing,

indoor air quality and energy audits; commercial HVAC service,

maintenance and replacement for both light commercial customers and

large-scale national retail accounts. For more information on Service

Experts Heating & Air Conditioning sales, rebates and products and

services, visit ServiceExperts.com

or ServiceExperts.ca.

http://www.businesswire.com/news/home/20160809006122/en/Double-Digit-Increases-Predicted-AC-Repair-Costs