Wondering What You Need To Know About Purchasing HVAC Equipment? Read This Article!
A comfortable house is easy thanks to your HVAC. Though most homes have HVAC systems, some need replacing or repairs. Knowing what an HVAC system ought to have makes purchasing one easier. This advice will be of help.
Make sure you check the filters in your air conditioning unit. This is important because checking your filters could make the difference between inexpensive repairs and more expensive ones down the line. Try to put it into your monthly schedule so that you don't forget to check the filters regularly.
In order to cheaply cool your home, turn the temperature up. If you take a few showers a day or just drink a cold ice water, you'll find that you're saving a lot of money on your utility bills by keeping the thermostat a little higher than usual in your home.
Look for discounts wherever possible. HVAC systems can be rather costly, so you'll want to seek out whatever discounts and deals that may be out there. When shopping around, ask about any current specials running, and look for discounts that are related to ENERGY STAR compliance. Both can save you a lot of cash.
When seeking a new contractor, ask loved ones for referrals. They'll often have already had someone in for similar work and will know who to trust and who to avoid. If your family hasn't used anyone, ask co-workers or other people you trust in your community for some references.
Clean your filters! If you have a window unit air conditioner, there will be a filter right under the grill you can vacuum. If you have a furnace or outdoor units, they will also have filters to be cleaned or replace. A dirty filter can make your unit inefficient or even let it overheat.
Change your air conditioner filter quarterly, or four times a year. This not only keeps the air coming into your home easier and cleaner to breathe, it takes a lot of stress off of your AC unit itself. You get to enjoy health, money savings and reduced energy use altogether at once.
Try to stay away from HVAC contractors that ask for upfront payments before they are willing to get started on the work they were hired to do. In many cases, this means that they are more concerned about getting paid than they are about making sure the job is done well.
Manage the heat flow into your home with window coverings to help out your HVAC system. In the warmer months, use drapes, curtains check here and blinds to block out sunward facing windows to keep heat from building up through the greenhouse effect. Alternatively, make sure that sunlit windows are letting light and warmth in during the colder months.
If you are looking to save money with your HVAC system, consider turning down the air conditioner in the summer and turning the heat down in the winter. Putting on a sweater on a cold day can save you a ton of money on your utility bill, as can enjoying a cold drink instead of heavy air conditioning use.
Never hire an HVAC contractor that does not hold a valid license from your state. There are people out there that will offer to do less expensive work since they have no license. While it may seem like a bargain, you will have lots of issues in the event that something goes wrong.
Make certain the HVAC company you choose has a proven track record. Fly-by-night companies are those you want to avoid. If you choose to hire a new contractor, you may be risking things.
If you are a having trouble with your existing system, check for leaks in the ducts. Often your utility company is willing to test this for you, and it may be free or lower in cost than you would get with a contractor. When the leaks are repaired, you'll find that the testing paid for itself.
Do you want to make sure your HVAC unit works for you like it should? It is important to have your unit maintained on a regular basis. Any reputable technician will know exactly what you mean if you call them and ask for a maintenance service on your system.
If you live in a hot climate, don't use duct tape on your HVAC. It just dries out and falls off, leaving you with leaks all over the place. Instead, use mastic sealant to cover any holes or gaps in duct work and you'll keep your home comfortable all year long.
Replace the air filter monthly to keep your HVAC system working well. This is such a simple thing that takes little time, and it can save you money by helping to keep your system running longer. Filters are cheap, and changing them regularly adds up to long term savings.
Be sure to check your Filter Check light frequently on any stand-alone units. If it is on, turn the unit off as you can't operate it without a filter in place. Clean the filter carefully and return it to its proper location, but don't operate the unit if the filter is still wet.
Choose a contractor who knows how to work with your current system. If they work with that set-up frequently, they'll quickly diagnose any problems and know exactly how to maintain it. Choosing such a firm will save you time and money, and will also save you from unnecessary headaches.
You should do your research before hiring anyone to come to your home to complete any HVAC projects. Watching home improvements shows can be deceiving since things rarely go as smoothly as they do on television. It is very important that you know what to expect before things get started.
After reading the above article, you now have a greater understanding on the importance of keeping your HVAC system in good working order. Remember the solid tips here as you know what to look out for, so no HVAC problems turn into major disasters. Study the tips and use them as you perform regular maintenance on your HVAC system.
Fixing Major Plumbing Problems With A Plunger: Why The Repo Problem Is Deeper Than It Appears
A lot has been written in the news recently about the repo problem. A couple of days ago overnight funding rates spiked to 10%, which has been unheard of since the financial crisis. How can it be that with all the money being printed by global central banks, dealers are not able to finance their holdings of Treasuries overnight at reasonable rates, and a corporate tax payment date can move the Fed funds rate way beyond the Fed’s target range? Could this “latent illiquidity” be a bigger problem than it first appears? Has the Fed lost control of the one thing it can control? My view is that the repo problem is one symptom of large interest rate differentials between the US and the rest of the world, and is causing traditional buyers of US Treasuries, i.e. foreigners, to hesitate because it costs them money to do so on a currency hedged basis. (Source for all data in this paragraph: Bloomberg and the Wall Street Journal).
The Fed’s solution to the whiff of illiquidity in the markets has been to flood the system with more money each morning. The way the Fed has done this is to buy $50 billion to $75 billion worth of Treasuries from dealers every day in exchange for cold hard cash. In the short term, this has driven the lending rates back into their target range. For now. Listening to Federal Reserve Chairman Jerome Powell’s press conference yesterday, it appeared that the Fed has declared victory and they have the situation under control. But I don’t need to remind readers that small anomalies in the basic foundation of markets, like the world’s most powerful central bank not able to control the one rate they need to control, is potentially the symptom of something more structural and consequential. Putting in short-term cash to ease the repo squeeze is like trying to unclog the plumbing of a large city using a plunger.
I believe that the real problem is that the current global financial system and its plumbing has evolved since the financial crisis in a more or less ad hoc and random basis. The Fed, ECB, BOJ and other central banks created a whole slew of acronyms to solve short term problems. This is like building the infrastructure in a house without a coordinated plan, where each room has different size pipes feeding it water, or multiple gauges of electrical wiring distributing electricity.
Let us take the plumbing analogy one step further to see why the problems we are seeing are inevitable, and why throwing more money at it is not a permanent solution. We have the Bank of Japan flooding the system with a huge pipe, taking rates more and more negative and buying up more and more of the local debt. Some of the money leaks out into the rest of world looking for yield. We have the European Central Bank also printing money and making larger and larger pipes that drive money from the core countries to the periphery. Some of this money also leaks out looking for return, since it costs money to keep money at the ECB due to the negative yields. All symptoms are that the banking system is now saturated with free money in Europe, and is beginning to refuse this liquidity spraying out of a firehose. Then we have the Fed, which went from a big pipe to a tiny little pipe as QE became quantitative tightening.