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The HVAC Repair Industry, A Booming Market

Summary

87 Billion Dollars are spent annually on HVAC related purchases in the United States Alone.

The HVAC industry has experienced a 2.6 percent annual growth over the 2012-2017 period.

Whether it is the summer or the winter, you will need the HVAC system in your home to work properly and this constant demand means the industry is rapidly growing, according to the National Heating Ventilation and Air Conditioning Organization, 87 Billion Dollars are spent annually on HVAC related purchases in the United States Alone.

The future of the HVAC industry is rapidly changing thanks to computerized and sophisticated control systems and the industry has experienced a 2.6 percent annual growth over the 2012-2017 period. Advances in both residential and commercial heating and refrigeration demand highly skilled and well-trained technicians to install, maintain and repair these quickly evolving climate control systems. As a homeowner, you need to be careful as to how you operate your HVAC systems, and how you can take care of them. 

A refrigerant leak can cost you as much as $1,500 if you aren't careful. Problems with the fuse and circuit breaker can set you back by around $100 or more. If your evaporator coils have got damaged, it could set you back by around $250. Repairs are costly - and celling in service could cost you as much as $250. Even a flat rate for a repair could cost you as much as $100. 

How to Save Money on HVAC Repairs

The wise thing to do here would be to ensure that you take care of your HVAC system. These few tips are sure to help you save money and call in the repairman less.  

- Clean dirt on your unit regularly which can accumulate in filters, blower and the pipes.

- Clean the filters once a month. Get in touch with a HVAC repair company to replace it if you feel it's not working as it should - ignoring it could lead to costlier repairs later on. 

- Check for leaks regularly - they can take place any time when a sealant breaks. 

- Examine the outdoor handlers for any fallen debris or grass, which can clog the system. 

A well maintained HVAC system requires less maintenance. It needs less catering to and you can ensure that you do not have to call an HVAC repair professional as often. You may even want to go in for yearly servicing contracts with HVAC repair companies for the most peace of mind, just make sure you are using NHVAC.org certified contractors.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.