HVAC Repair and Replacement for Multifamily Housing

Replace or Repair – Factors to Consider

There are many reasons why you might need to replace your air conditioner. Maybe your unit is not cooling properly, or maybe it is old and not worth the price of repair. However, not all problems require replacement, and what you thought was a major problem could be the result of a clogged air filter or broken fan. The information below should help you decide if it is time to replace your AC.

Refrigerant Costs

As we approach the final months of R-22 manufacturing or importing in this country, no one can predict what prices will be in 2020. Also, the current volatility in the cost of R-22 makes, switching to systems with Puron® refrigerant and its stable, consistent pricing sensible. Having a universally adopted and used refrigerant on your property is a smart choice for keeping maintenance costs in check.

Adding Value

Keeping residents satisfied is one of the most important metrics in multifamily management today. Satisfied residents tend to stay put, reducing turn costs and potentially improving rental rates. These factors, combined with lower maintenance costs, create a better return on investment and added property value.

Efficiency Savings

A planned replacement of older equipment will most likely mean an increase in the SEER rating of the system. This gain in efficiency can reduce power consumption and utility bills, which residents should appreciate.

Repair Costs

As we approach the final months of R-22 manufacturing or importing in this country, no one can predict what prices will be in 2020. Also, the current volatility in the cost of R-22 makes, switching to systems with Puron® refrigerant and its stable, consistent pricing sensible. Having a universally adopted and used refrigerant on your property is a smart choice for keeping maintenance costs in check.

Equipment Age

Keeping residents satisfied is one of the most important metrics in multifamily management today. Satisfied residents tend to stay put, reducing turn costs and potentially improving rental rates. These factors, combined with lower maintenance costs, create a better return on investment and added property value.

WARRANTY COVERAGE

If the equipment on-site is more than 10 years old, it is probably out of warranty. This means the property is responsible for the total cost of repairs.

Additional Considerations

When dealing with failed equipment, the best option is often replacing the entire system. However, when budgets or timing does not allow full system replacement you can always look into only replacing the condenser. This option allows the property to achieve many of the advantages of replacing aging equipment – improved efficiency, stable refrigerant cost, and new product warranty coverage – without the full investment.

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