This Great HVAC Advice Should Not Be Missed!
When HVAC is something you want to learn about, you're going to probably find that there is a lot of information out there. Maybe it confuses you because all of the information is in different places. This article has collected what needs to be known about this so you don't have to keep searching.
Before you hire anyone to do any work on your HVAC, be sure to get a written estimate which has itemized costs listed on it. This will ensure that comparing one contractor to another will be simple as you can see what one offers that another doesn't, or what price they're charging for the same items.
Clean your fan and coils when the weather begins to warm. The power to the unit should be removed before you begin any maintenance, even cleaning. Also, it is important to clear the outside condenser unit from any debris that maybe trapped inside.
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.
Before you hire anyone to do any work on your HVAC, be sure to get a written estimate which has itemized costs listed on it. This will ensure that comparing one contractor to another will be simple as you can see what one offers that another doesn't, or what price they're charging for the same items.
Be sure to check your evaporator coil drains frequently when your air conditioner is running. If this tube backs up, you can find water damage to your walls, ceilings and floors. If you end up with mold just use a solution of bleach and water to clean out the tube.
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.
Consider all of your alternatives before installing a central air conditioner. You can only cool certain rooms, use whole-house fans, or even make use of a geothermal system. The more efficient the system you set up, the less you'll spend on utility bills over time as you use it.
If you want to pay for less power use, consider installing an HVAC-specific solar panel system. Such an installation harnesses the power of the sun directly for your heating and air conditioning. Don't worry though; you can have a switch put in that automatically connects to the power grid the days there isn't enough sun.
If you have a window air conditioner, be sure to check and see if it has an Energy Saver button. If so, use it! This turns off the fan when the unit isn't actually cooling the air, which can save you as much as 30 kwh over the period of a month!
Outer coils can be cleaned with a regular outdoor hose before you turn the unit on for the season. That said, interior coils should be taken care of by a professional so that you don't do any damage as you attempt to clean them. Bring someone in to complete a check up.
The energy efficiency of a unit should be taken into consideration when purchasing a new heating and cooling system. Although you should be concerned about the price of a unit, the efficiency of the unit will save you thousands over the lifetime of the heating and cooling system and should weigh heavily on your buying decision.
If your home gets hot in the summer and you'd like to use your air conditioner less often, consider a metal roof. It reflects the heat right back up into the sky, allowing your home to gain less heat on sunny days. Since metal roofs are permanent, you'll save on repair and replacement costs also.
Be careful of sounds in your HVAC. If the condenser fan begins to make a grating or clicking sound, the blades could be hitting an obstruction. If blades get bent, don't try straightening them. You could unbalance them and cause them to hit the condenser coil. This could loosen the motor in the fan. Try replacing the bent blades with new ones. Make sure the new blades can freely rotate without wobbling.
Do not close your vents. Keep air vents open and unblocked at all times. Many people believe that closing off a vent will save them money on cooling costs. This is not true. It can actually damage your HVAC system. Closing vents can cause your cooling coil to freeze and damage the compressor.
When buying an air conditioner, you want to find out with a SEER rating of 13 or higher. 13 is the minimum standard set by the government, so higher ratings, while not mandatory, are going to offer you better efficiency. SEER ratings can go as high as 19, so keep this in mind as you shop.
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.
Ask for referrals from friends and family. The best way to judge if an HVAC company is going to do a good job is from people who have actually used them. Ask your acquaintances if they have had work done, and find out if they were happy with the job, timeliness, and budget.
If your outdoor compressor here unit sits in the sun, consider building a shade over it. Air in the shade is about 5 degrees cooler than air in the sun. This can have a significant impact on your cooling bill. When done properly, you could see up to a 10 percent savings over the season.
Make sure to be specific about everything that is written in your contracts. It should detail the work that is being done, the materials being used and the amount of time it will take to complete the job. Leaving anything out can give the contractor an exit if something goes wrong.
Proper maintenance is key to having a good working HVAC system. Don't let your system go bad, use the tips here to inspect it for problems to ensure that you don't have costly repairs down the road. Keep checking it and remember the tips here to use as guide so you know what to look for.
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.