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The total hourly rate for an HVAC technician ranges from $65 to $150+ per hour, with additional parts costing anywhere from $40 to over $1000. This rate is dependent on the technicians level of experience, the type of work they do, their certifications, and specialty training.
However, industry standards and recommendations suggest considering replacement when your air conditioner reaches the 15 to 20-year mark. At this stage, the cost of repairs and declining efficiency may make investing in a new, energy-efficient unit more cost-effective.
The $5,000 rule is an industry-accepted rule for determining whether to repair or replace an HVAC system. Multiply the age of your equipment by its estimated repair cost. If the outcome is under $5,000, you should probably repair it. If over $5,000, you should replace it.
What products are eligible? Effective January 1, 2025, split system central air conditioners must meet SEER2 17.0 and EER2 12.0 to be eligible. Packaged central air conditioners must meet SEER2 16.0 and EER2 11.5 to be eligible.
To apply for the federal HVAC tax credit, you must fill out an additional form when filing your annual tax returns. Use IRS Form 5695 to claim a residential tax credit for home improvements, including HVAC system upgrades.

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The national average cost of HVAC maintenance averages from $150 to $300. The average homeowner spends $200 on an annual visit with a contract to maintain a boiler. At the low end of the spectrum, you could spend as little as $100 for a one-time visit to maintain a furnace.
For a standard-efficiency air conditioner and furnace with simple duct layout, you can expect an average HVAC installation cost of around $10,000$15,000. However, if you own a larger home and want premium-efficiency equipment, total project costs can exceed $20,000.

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