Installing an air conditioning system is a significant investment that can greatly improve your home’s comfort. But where to begin and, most importantly, what kind of budget do you need when choosing integrated air conditioning (also known as AC or air-to-air heat pumps)?
This article breaks down the costs involved in air conditioning installation and explores financing options to help manage this expense.
Understanding the costs of air conditioning installation
Typical installation costs
The cost of installing an air conditioning system usually ranges between £1,800 and upwards, depending on the scope of your project. This usually includes pre- and/or post-installation inspections, labour, materials, and necessary permits.
Do you want to know what your air-to-air heat pump installation might potentially cost? Use our quick heat pump calculator.
Factors that influence your overall AC installation cost
Apart from the standard installation costs, it's important to consider the different factors that contribute to the final cost. Here’s a breakdown of what can affect your expenses:
- Type of system:
- Central air conditioning: higher cost due to extensive ductwork.
- Ductless mini-split systems: less costly, ideal for individual rooms.
- Multi-split systems: flexible and scalable, costs vary based on the number of units.
- Home size and layout:
- larger homes and complex layouts may require more work and materials, increasing the cost.
- Installation complexity:
- existing ductwork, electrical upgrades, and structural modifications can add to the cost.
- Location and accessibility:
- hard-to-reach areas may require special equipment, raising installation costs.
Financing options for air conditioning installation
When it comes to financing your air conditioning installation, there are several options available to make the process more affordable and manageable.
Personal loans:
Pros: personal loans provide fixed payments and predictable terms, making budgeting easier. You know exactly what you'll pay each month.
Cons: these loans often come with higher interest rates, which can increase the overall cost of your AC installation.
Home equity loans:
Pros: home equity loans typically offer lower interest rates, making them an attractive option for many homeowners.
Cons: the downside is that your home is used as collateral. If you default on the loan, you risk losing your home.
Credit cards:
Pros: credit cards are easy to use and may offer rewards or cashback on your purchases.
Cons: they can carry high interest rates if the balance isn't paid off quickly, leading to higher costs in the long run. In addition, credit cards often offer 0% finance for a limited period, meaning if you fully pay off the air conditioning installation within the set time frame, you could end up paying no interest at all.
Installer finance programmes or offers
Some installers offer finance programmes or offers at the moment you sign up to have air conditioning installed. Daikin installers may offer financing through hiber, a third party financial service that can offer deals to allow you to pay monthly instead of up-front. Hiber is is authorised and regulated by the Financial Conduct Authority FRN 811281.
Pros: manufacturer financing programmes, like hiber, often feature competitive rates and terms tailored to your needs.
Cons: these programmes are usually limited to specific manufacturers, so your choices may be restricted.
Using the heat pump calculator
Daikin’s Heat Pump Calculator helps estimate installation costs:
- How to use: Visit Daikin’s website, enter your home details, and get an estimated cost range.
- Benefits: Provides accurate estimates to help you budget effectively.
Choosing the right financing option can make all the difference in your air conditioning installation experience. Daikin’s financing solutions are designed to provide you with the flexibility and support you need to enjoy a comfortable home.
Want to work out how much your air conditioning installation might cost?
Use our Heat Pump Calculator to get an idea!