Have you been getting by with your old leaky system for a while by periodically adding more refrigerant
(used in existing air conditioners and refrigeration equipment)? Those days are numbered and now is the time to figure out your plan for replacing the system.
Why is it important to know about the phase out?
R-22 refrigerant (Freon) is being phased out, which makes it harder for companies to obtain. As a result of slowed production, the industry has noticed a steady increase in this already expensive refrigerant (300% increase).
As per the US Environmental Protection Agency, R22 will become illegal in the United States on January 1, 2020. After that R22 refrigerant phase out date, R22 can no longer be manufactured or imported into the US.
For the time being, you can still get R22 and fix a broken system. But, the skyrocketing cost of the refrigerant as availability decreases will mean a very expensive repair and will only get more expensive the closer we get to the phase out date. Is it worthwhile to pour so much into a system in poor condition that must be replaced in a couple of years’ time (or sooner)?
The multi-year phase out of R-22 allows homeowners to make the right choice for their home, budget and cooling needs. Your choices: do nothing until your system breaks down or replace your system proactively.
Please consider The Myers Team your resource for all things real estate. We have over 30 years of real estate experience, specializing in the Montgomery County area. If you are refinancing, want a recommendation, need a service provider or just have a home related question, please give me a call at 301-910-9910 or email me at bobmyersteam@gmail.com.
