HVAC Do's And Don'ts For The Average Person
Your HVAC system at home is probably the most vital piece of equipment that you have. Unfortunately, many people fail to realize this, and they end up having major problems with it. Don't let your HVAC system go bad on you, read the tips below for solid information that will help you out.
If you want to save money once a new HVAC system is put in place, be sure to pick ENERGY STAR rated products to use. They are very energy efficient so your new system won't cost you a ton when it comes to your utility bills every month, recouping some of your installation costs.
Be sure to get every quote or estimate in written form. You have no recourse on a verbal agreement, so a written contract is a must. This will allow you to follow up if something goes wrong or you don't get what you were promised, protecting you from shady contractors.
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.
Have a smart thermostat installed. If you adjust it to keep the house a little warmer or a little cooler during the time you are sleeping, you may see your energy bill go down by as much as ten percent. You can often control it from your mobile phone!
Make sure the equipment you are buying is ENERGY STAR compliant. It may seem a small thing, but it isn't. Products that are ENERGY STAR compliant can save you a lot of money in energy costs over the year. It can be over $100 easily, sometimes a lot more.
Always ask for references before you allow anyone to start doing work on your HVAC system. Call several of them to make sure that they are legitimate. Many people take the word of the contractor when it comes to customer satisfaction and that can prove to be a mistake in the end.
Make sure things don't get too hot or cold where your thermostat is. Any electronics or heat sources like lamps or televisions nearby can trick the thermostat into thinking the home is warmer than it actually is. This just means it runs your air conditioning longer than necessary, wasting energy and money.
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.
If you want to ensure your air conditioner offers you great performance, keep it dry. If it is located in a dry, cool area, you'll find that the efficiency goes up and the unit lasts a long time. You can even buy a water vapor cooler to cool it as it is running.
Use plants to increase your air conditioner's effectiveness. An AC unit fully shaded by trees and shrubbery can operate up to 10 percent more efficiently. However, do keep spacing in mind. Air flow must not be constricted, and technicians need room to work when they come out to service your unit.
Make sure that the HVAC contractor you plan to hire does not use subcontractors to do their work. Many people use this as an excuse to shirk their responsibility in the event that something goes wrong when your system is being worked on. Only allow this if there is a note in the contract about what will happen if there is an issue.
In order to save money overnight, buy an air conditioner with a switch that sets it to be fan-only. This will push hot air outside and bring in cool air from near the ground. Turn this on just before bed so that you can cool the house as you sleep.
Change your filter on a regular basis. This is one of the easiest HVAC tips that you can do yourself. It is also one of the least expensive things that you can do to ensure that your system is running efficiently. Clogged and dirty filters can make your unit work 5-10% harder.
If your outdoor compressor 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.
Every month clean out the leaves and debris that may have settled into your outdoor HVAC unit. You'll be surprised at how much gets caught in your unit. Over time these leaves can build up and create issues for your system. Just this little clean up can save you a lot of money in maintenance bills.
To block out the sun on hot get more info summer days, allowing your air conditioner to run less frequently, invest in heat blocking drapes. These textiles come in beautiful patterns and colors today, looking just like their designer counterparts. They will keep the heat out so that your home stays cooler without costing you an arm and a leg on utility bills.
The biggest step to preventing problems in your air conditioner is getting a professional tune-up once a year. This is especially important before the summer. This is when your air conditioning system will be working its hardest. Getting regular tune-ups reduces the risk of malfunctions and will keep you cool all summer long.
If you want to buy a new HVAC unit or system, ask a contractor to come up to size up your home and tell you what options you have. They'll have the best advice as they know what sort of systems work in your area or in a home like yours.
It wasn't too hard to learn about HVAC now that you can see that the tips are easy to follow. The key is just taking the time to make things work right. Just don't give up and you should be able to use the above advice to lead you to success.
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.