HVAC Retrofit Investments
We all know the headache and inconvenience associated with an aging HVAC system. Chances are you’ve come to terms with pending repairs. You’re also probably trying to get some more mileage out of your system, and aren’t ready to purchase an entirely new one. It’s possible, too, that your system works just fine for the time being, but you want to make it more efficient. These are all scenarios that work well with HVAC retrofitting.
HVAC retrofitting is the process of installing new or modified parts that will allow your system to maintain functionality without the need for an expensive system replacement. This includes retrofitting individual components of a system. Retrofitting is compatible with boilers, furnaces, heat pumps, air-side economizers, etc. An HVAC retrofit also involves any project aiming to improve the efficiency of the HVAC system.
You might wonder why HVAC retrofitting is becoming a popular technique. There are several benefits. Changes in industry efficiency standards or lack of available parts (especially with very old systems) can pose challenges for repairing a system. Finding the right replacement part for the original system can be difficult. Retrofitting is a solution to using alternate or manufactured parts to get the system running better and at higher efficiency.
Below is some data that shows the ROI of HVAC retrofitting:
- UCLA says that year-one savings for a HVAC retrofit is approximately $300,000, depending on the size of the building and system, the upgrade itself, etc…
- The Pacific Northwest National Laboratory estimates that large
commercial buildings could cut HVAC costs by up to 25% to 35% by adding
certain retrofits to existing large HVAC systems on their rooftops.
- According to the Lawrence Berkeley National Laboratory, the average ROI for HVAC upgrades is approximately five years.
A HVAC retrofit offers many advantages. It saves money by eliminating the immediate need for a full system replacement. It also saves money by helping the system run at peak efficiency. Retrofitting buys you more time with your existing HVAC system.
If you feel your system isn’t running as it should, or that it could operate more efficiently, it’s likely that you could benefit from HVAC retrofitting. To find out if this is the case, contact Dominion Service Company to schedule an appointment. One of our skilled technicians will come out to inspect your system and equipment. Following their inspection, we will provide you with a recommended course of action. For more information on HVAC retrofitting, contact us today!