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Some people spend their entire tax refunds on clothes, restaurants, vacations, and entertainment. However, it’s wise to invest some of those funds back into your home. In particular, many homeowners use their refunds to upgrade their heating and air conditioning systems. Here are the top three reasons to purchase a new HVAC system with your tax refund.

Why Use Your Tax Refund on a New HVAC System

1. You’ll Save on Energy Bills

New units feature clean filters and come with programmable thermostats that let you set the times your heating and cooling systems will turn on, allowing you to decrease the temperature and save energy when you’re sleeping or away from home.

Also, while older boilers lose the flue gas’s thermal energy through the chimney, many new boilers feature fuel-efficient condensing technology that feeds the thermal energy into the heating circuit. Similarly, many newer AC units let you save energy by controlling the system’s energy usage from your smartphone, tablet, or computer.

2. You’ll Prevent Breakdowns 

heating and air conditioningOlder systems are far more likely to malfunction than newer ones because they can suffer damage over time. For example, a boiler’s motorized valve can become stuck after getting clogged with debris, or its expansion vessel may wear out due to years of use, causing the pressure relief valve to leak.

Likewise, when your air conditioner’s condenser coil becomes dirty over time, it’ll trap the heat inside, causing the unit to overheat and malfunction. Older air conditioning units are also prone to refrigerant leaks, which force them to work harder to cool your home, often resulting in breakdowns. 

3. You’ll Boost Your Home’s Value

If you plan to sell your home in the future, an old furnace or boiler may deter potential buyers, as replacing the unit may take extra time and funds. They may request a lower price on your home or not make an offer at all.

Alternatively, a new furnace or boiler will help you sell your home at a higher price more quickly because the homeowner won’t have to spend extra funds repairing the unit. Similarly, upgrading older or poorly installed air ducts will also attract buyers. New ducts will efficiently carry and distribute warm and cool air from the heating and air conditioning systems throughout the home.

 

 

To make the most of your tax refund with a high-quality HVAC upgrade, turn to Bradford & Sons Electrical Plumbing & Heating. Based in Canandaigua, NY, this family-owned and -operated company installs and repairs heating and air conditioning systems throughout Ontario County. With nearly 50 years of experience, the fully insured contractors also provide plumbing, electrical, and water treatment services. Learn more about their comprehensive offerings online and call (585) 657-7309 to schedule an appointment. 

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