Buy or rent home air conditioning? Unless you have the right information, making this call can prove tricky and quite costly in the end.

When do you buy or rent home air conditioning?

When do you buy or rent home air conditioning?

While air conditioners are necessary, you should ensure that you get one to meet your needs right.

Get the sizing just right

The primary functions of the air conditioning unit are to lower the air temperature as well filter the air of particles and microbes. As such, you need to get the size just right to have the unit performing these air condition tasks with relative ease. Consider important factors such as size and the height of the room, the level of insulation and the local climate. Whether you go with air conditioner rental or decide to buy one, you want to get the BTU rating on the unit just right. The ratings tell you just how efficiently and quickly a unit can cool a room. A small air conditioner is just as bad as an oversized one since it leads to lowering of the efficiency. Also, a large unit in a small room wastes energy and has poor ability to reduce the humidity, leaving you feeling clammy with a steep energy bill. Many manufacturers offer details such as the maximum room size a unit can handle efficiently to help make the right choice and keep the air condition just right.

Get the right type of air conditioning

With many models available on the market, getting the right type of home air conditioning unit can prove tricky. Portable units are suitable for cooling small spaces or spot cooling. Such devices are much more efficient in a room with three or fewer occupants, although some larger units can handle more. Window air conditioners are sturdier than the portable ones and can handle larger spaces, catering to five or six residents. The installation process, however, requires you to make a hole in the wall or fit it over a window, hence the name. It is quite popular with mobile office users and in small projects. Split or ductless air conditioners have separate condensing and evaporating unit and boast a low noise emission. As such, they are quite useful in large meeting room accommodating up to 50 occupants. Central air conditioners are the most versatile units available on the market and you can customize them to meet your specific needs, but this is often the most expensive option.

Get the right type of air conditioning

Check the energy efficiency

The SEER is a measure the how much the unit cools down a room on a certain amount of energy input. It is a more accurate depiction of units capability compared to the EER, which is the Energy Efficiency Ratio at maximum load. You are better off with one that boasts higher ratings on both units as they have the highest level of efficiency and low power consumption.

Set your budget when choosing a new air conditioner

Consider the total amount of money you have at your disposal as well as how much you can afford to spare at the end of each month. Your budget should guide you when deciding on a new air conditioner. As a rule of thumb, you should not opt for a pricey unit if your budget does not allow. Whether you choose to buy or rent home air conditioning, you will have to shoulder monthly payments in addition to a higher power bill. Settle for a portable unit if you live in a small house and have a small budget as it allows you to keep your expenses low. Additionally, such a unit does not carry extra charges such as installation or drilling. If you must have a window AC, get one that fits correctly on the windows without any alterations. When the summer heat is over, you can just pack it up and stow it away in a safe, dry place.

Buy or rent air conditioning? Weighing the options

While air conditioner rental might seem to be the most affordable method of owning an AC and heating unit, that may not always be the case. It works best when you need a temporary solution rather than a long-term one. Therefore, you need to weigh and calculate the repayment sums for both purchasing and renting. In some instances, it might prove to be more expensive to rent one than actually to purchase it. If the difference in the monthly payment works out to a negligible sum, you should consider topping up and buying a new air conditioner. Committing to lease program that spans over several years works out to be the more expensive option, especially if it involves an exit clause.

Buy or rent air conditioning? Weighing the options

Read the contract when renting an AC and heating unit

Buy or rent home air conditioning? If you decide to hire a unit for your home, be sure to read the contract carefully before making a commitment. Be clear on whether you are renting to own or only renting the unit. In the former, you are liable for any damages and replacements that would occur, while the company is responsible for the maintenance and replacement in the latter. Be clear on the interest rate on the monthly payment at they tend to be higher than the prevailing market rates. Have the leasing company put in writing the process of buying out the contract and the total buyout amount payable. Avoid letting the business dictate the length of the contract as they might lock you in a long and expensive contract only to end up harming your finances. A long contract can prove tricky if you decide to sell the home. One, hiring a home air conditioning unit lowers the value of the home, as the new tenant would have to carry out a fresh installation. Secondly, you might have to buy out of the contract at an exorbitant price. So check the specific details when you buy or rent home air conditioning.