Homeowners in the market for a new HVAC system may have heard that the SEER2 regulation is causing a shortage of parts and equipment needed to meet the new standards. As a result, prices for new equipment are expected to increase significantly. By purchasing before January 2023, you can avoid paying a higher price for compliant systems.
What is the SEER2 Regulation?
The SEER2 regulation is a new federal efficiency standard for central air conditioners and heat pumps. The statute requires that all new HVAC systems installed in the United States have a minimum Seasonal Energy Efficiency Ratio (SEER); in Western NY that minimum is 13.4 for AC and 14.3 for heat pumps. These standards are expected to improve the energy efficiency of HVAC systems. To meet the new standards, HVAC manufacturers must change how they produce parts and equipment.
How is the SEER2 regulation affecting the HVAC industry?
The SEER2 law will directly impact the prices of new HVAC units. Homeowners who wait to purchase a new unit after the regulation goes into effect will likely pay much more than those who buy now. With manufacturers unable to keep up with current demand, prices will rise significantly. Initial estimates put price increases in the range of 15 to 20%.
What does this mean for homeowners?
If you’re planning on buying a new HVAC system, your best bet is to buy before the SEER2 regulation goes into effect. Once inventories start running low, prices will continue to increase. Higher prices are due to the increased cost of compliant parts and materials and the expected decrease in production as manufacturers switch over to making SEER2-compliant systems. So, if you wait too long, you may pay much more for your new HVAC system than you would if you act now.
Although the SEER2 regulation will cause prices for new HVAC equipment to increase, there are still significant savings to be made by buying now. Just Call Roy’s Today. Please contact us today at 716-218-1106 and we’ll take the worry out of finding the best deal on a new HVAC system.