If your heating or cooling system is hitting the 10-year mark, it’s time to start thinking about replacing it. If you haven’t started research yet, there’s one key thing to know: Prices are going up, and they’re expected to keep trending upward. While the factors that affect prices are often out of our control, we’re here to help you manage costs without compromising your family’s comfort and safety.
Are New HVAC Costs Going To Go Up in 2025?
Like many other essential needs, there has been a huge increase in the cost of heating and cooling systems since 2020. Equipment prices in general have gone up around 40%, but the cost of the average system has gone up nearly 100%. That means the cost to homeowners for an average residential system has doubled from about $6,000 to $12,000, and prices will continue to increase in the coming years.
Why Is HVAC Equipment Getting More Expensive?
So, what factors are driving these significant cost increases?
- Raw material price increases: Materials like aluminum, copper, steel, plastics, and the chemicals that make up refrigerant have all gone up dramatically.
- Manufacturer price changes: To compensate for raw materials price increases, HVAC manufacturers have raised their prices.
- HVAC labor shortages: As of 2025, there are about 80,000 unfilled HVAC technician jobs, and it’s estimated that this number will increase to about 115,000 over the next four years.
- Environmental regulations: Regulations are now demanding greater efficiency and phase-outs of less expensive, older refrigerants.
- Advanced technological features: HVAC equipment today has more features than ever, which comes at a premium.
Ways Homeowners Can Combat Rising Costs of HVAC Equipment
There are ways to make sure you save as much money as possible on your next HVAC system, despite rising costs.
- Take advantage of financing options: Financing can help you install a new HVAC system before prices go up further.
- Look for rebates and tax credits: There are multiple rebates and tax incentives available for high-efficiency systems.
- Look for deals and specials: Keep an eye out for good deals on new equipment that can help you save more money while getting a high-quality system.
- Maintain existing equipment: To get the most usable lifespan out of your current heating and cooling systems while saving money, consider maintenance plans from qualified professionals.
- Upgrade sooner rather than later: Costs are only going to go up in the coming years, so installing a new system now rather than later will end up saving you money.
Choose Hager Fox for HVAC Upgrades in 2025
Hager Fox Heating & Air Conditioning knows how tough it can be to find a good price on HVAC upgrades these days, especially on good quality systems with professional installation. That’s why we offer financing and specials on heating and cooling equipment, and maintain our quality by never hiring subcontractors. It’s our goal to make sure you’re educated on heating and air conditioning installation so you can make the most informed choice for your home and family.
Get a free online estimate and schedule an appointment with us today to learn how to get the best value in HVAC installation as prices continue to surge.
