Freon Prices Are Soaring… And They’re Never Coming Back Down



 

Back in October of last year, we posted a blog post about the upcoming ban on R-22, better known as Freon, a refrigerant used in many older air conditioners. In the post, we discussed how an agreement made back in 1987 is pushing R-22 out of the marketplace permanently, with a final comprehensive ban taking effect in 2020.

At the time, we predicted that R-22 prices, which had already been rising, would soar over the next couple years as 2020 approached.

Well, according to news stations across the country, Freon prices are indeed soaring:

These news outlets and others are reporting ever climbing prices for the precious resource. One Wisconsin homeowner was quoted a price of $900 per bottle, while the owner of a heating and air company in North Carolina quoted a price of $800 per jug, with it costing over $2,000 to repair and fully charge a system using R-22.

Some areas have seen price increases of 300% in the last year, while a Wisconsin technician claimed a year over year cost increase of 500%.

Soon, increasingly expensive R-22 Freon will simply become impossible to find.

For those needing to have their air conditioner topped off, you’ll be happy to know that we are always offering a great deals on AC checkup and top-off services.

Frankly, the reality is that within the next three to four years, it will become impossible to recharge systems that use R-22. We simply won’t be able to acquire it anymore, once existing supplies run out. And even before then, most homeowners simply won’t be able to afford the cost of Freon, even if it is available.

If you own an air conditioner that uses R-22, it’s time to start considering installing a new air condition system that uses R-410A. If you would like to learn more about the cost of an air conditioner installation, and the benefits of purchasing a new, more efficient AC, contact the experts at Gilmore Heating Air & Solar by giving us a call at 888-868-2316, or schedule an appointment using our online system.

We know that this is a challenging time for homeowners battling rising coolant costs, but we guarantee that we will provide you with the best possible support and service.