Thursday, February 20, 2014

Understanding Freon Prices

Understanding Freon Prices

As of 2013 you can expect to pay up to $100 per pound for R-22 refrigerant.

If you own a rental property in Orlando Florida that was built prior to 2010 your AC unit has R-22 (commonly known as Freon) in it. You can also expect to pay more in the next couple of years.

Here is why: About 25 years ago, the Environmental Protection Agency ordered the phasing out of R-22 as part of the international treaty on protecting the ozone. Production of AC units with R-22 stopped in 2010 and the industry will stop selling the actual refrigerant itself by 2020.

You must now make a decision and determine if it’s cheaper to continue to service your old unit or if you’re better off replacing it with one that uses the more environmentally friendly R-410A. Unfortunately, R-22 charged unites are not compatible with R-410A refrigerant.

The good news is that if you do invest in a new unit, it will be more environmentally friendly and more energy efficient and you will qualify for a $300 federal tax credit.

If you are looking for a good, honest, no nonsense property management company in Orlando call us at 407-283-5065  

  • 390 North Orange Ave. Suite 2300
  • Orlando, Florida 32801

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