Will Inflation Continue to Rise? And How Does It Relate to HVAC? – Dial One Sonshine
Inflation and HVAC

In the market for a new heating and cooling system? We’re sure you’re thinking about the economy and inflation … The current rate of 8.6% is the highest it’s been in decades!

So the question, “Will inflation continue to rise? Will the price continue to rise?” is top of mind for anyone making a large purchase.

Here’s what we know: According to the New York Times article “Consumer Prices Are Still Climbing Rapidly”:

“There are persistent issues in supply chains,” said Matthew Luzzetti, chief U.S. economist at Deutsche Bank.[1] This causes factories to pay more for goods and services, and those higher prices are eventually passed on to consumers. So, prices keep rising.

For the heating and cooling industry specifically, we can expect the cost of raw materials – like metals, plastics, and chemicals – to continue to increase. For example, MarketLine, U.S. steel prices are up 300%.[2] In March 2020, steel prices were $500 per metric ton at the lowest, and now, steel prices are $1500 per metric ton. These costs are unfortunately passed on to consumers.

The good news is that there are ways to fight back against inflation – like energy efficiency. Energy-efficient heating and cooling systems use less power, saving you money on utility bills. In the long run, an energy-efficient system will cost less to operate than a standard system, even with rising electricity prices.

The biggest thing you can do to fight inflation is to choose to do business with a heating and cooling company that partners with big manufacturers. At Dial One Sonshine, we have partnerships with the largest brands in the country that enable us to order many systems at a time at a lower cost per unit. That means that we can keep our prices low, even as the cost of raw materials and energy goes up.

So when you choose Dial One Sonshine in Santa Ana, you can be confident that you’re getting the best system for the best price – even in an inflationary market. We also offer special financing options to help you afford your new system (with no interest if paid in 12 months).

Get in touch with us today to learn more about how we can help you save money on your new heating and cooling system! Contact us online or give us a call: (714) 613-1016

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