5 ways you can save on a new air conditioner

Follow these tips to save money on a new home HVAC system

A new HVAC system is a major home investment for sure, but luckily, there are several ways smart homeowners can save money both on the initial purchase and in the months and years to come.

Gold piggy bank with savings stacked up
Getty Images: Kwanchai Lerttanapunyaporn / EyeEm

1. Special offers and promotions

Depending on the time of year and where you are, your Trane Comfort Specialist will be able to offer you several ways to save money, including rebates, special financing options and more. You can also find Trane’s current offers for yourself.

2. Special financing

A new HVAC system is truly a long-term investment for your home. In order to help with the upfront costs, Trane offers financing options for those who choose to use it. The benefits of Trane’s financing options include competitive interest rates, convenient monthly payments and no prepayment penalty*.

3. Tax credits

Finally some good tax news! Trane offers many products that are eligible for residential energy credits. Some of our most popular systems are our most energy-efficient. The good news for you is that you can save on your monthly energy bill as well as apply for immediate tax credits on qualified products. Trane offers a wide variety of products that qualify and the tax credits are offered on the federal, state and local levels. So chances are when you purchase a new HVAC system, you’re going to be eligible for some kind of tax credit.

4. Eco rebates

Certain high-efficiency products may also be eligible for an eco-rebate. These rebates are sponsored by your local energy company and are typically used as an incentive for consumers to use less energy per household by purchasing more energy-efficient appliances. See which Trane products qualify for an eco rebate in your area when shopping for a new HVAC system.

5. Buy an energy-efficient air conditioner

This seems obvious, but buying a more energy-efficient air conditioner will have the biggest influence in your costs over time. According to the Department of Energy, over half of your home energy use goes to heating and cooling. If your current system is ten years old or more, you may be able to save up to over $500 a year if you upgrade to a more energy-efficient system**. Energy saving features to think about when looking to purchase a new air conditioner include SEER rating, cooling stages and Energy Star® qualification.

One last tip

Buying a new air conditioner is a decision you’ll live with for many years to come. To make sure you get the right system, at the right cost, contact your local Trane Dealer.

*The Wells Fargo Home Projects™ credit card is issued with approved credit by Wells Fargo Bank, N.A., an Equal Housing Lender. For newly opened accounts, the APR for Purchases is 28.99%. If you are charged interest in any billing cycle, the minimum interest charge will be $1.00. This information is accurate as of 01/01/2019 and is subject to change. For current information, call us at 1-800-431-5921.

** Based on Energy Star’s Savings Calculator for a 3-ton 21 SEER/10 HSPF heat pump and programmable thermostat versus the industry standard 13 SEER/7.7 HSPF 3-ton heat pump and standard thermostat in St. Louis, MO.