As an expert in the HVAC industry, I have witnessed firsthand the increasing costs of HVAC systems. These rising prices are a result of various factors, including raw material costs, labor rates, fuel and transportation costs, and process changes. Over the past year, the cost of raw materials used to manufacture HVAC parts and equipment has significantly increased. According to statistics, commodity prices have risen by more than 20% at different times throughout the year.
This significant increase undoubtedly impacts the prices of air conditioning units that we have all noticed. While these changes are ultimately for the better, it is crucial to stay informed in order to adapt to the new landscape of the HVAC industry.