To serve you better, we remain open 24/7 during the COVID-19 outbreak. Learn More

HVAC Prices Could Be Higher In 2023

With the price of everything from groceries to cars continuing to increase, HVAC prices could also continue to rise in 2023.

With rapid inflation affecting the price of nearly everything, it’s no surprise that HVAC prices continue to be on the rise. If you’re planning an upgrade for your home’s heating and cooling system, you may be interested to know why this is happening. So, why are HVAC prices on the rise?

Increased Demand

HVAC Prices Could Be Higher In 2023

The COVID-19 pandemic played a large part in increasing demand in the HVAC industry. As more and more people began working from home, they also chose to make their workspace more comfortable by upgrading their home’s HVAC system. Simultaneously, manufacturing and production came to a halt in 2020 with factories closed for months creating a shortage in the market. While production today is nearing pre-pandemic levels, it still cannot keep up with demand.

Supply Shortages

In 2020, production facilities were closed for months and when HVAC production resumed, factories were kept at capacity restrictions leading to further supply shortages.

The semiconductor chips needed for high efficiency HVAC equipment have been in a global shortage causing lower production levels of HVAC equipment worldwide.

Changing Regulations

Changing environmental regulations in the HVAC industry led to the phasing out of the R-22 refrigerant used in air conditioners. When the importing and creation of R-22 refrigerant became illegal in Canada in 2020, demand for new refrigerants went up dramatically. This ban also led to a price increase on remaining R-22 supply on the market. Topping up your old AC with R-22 refrigerant will become increasingly expensive as supply dwindles.

Increased Price of Fuel & Raw Materials

HVAC prices increase as the price of the raw materials needed in their production increases. Over the past year we have seen the price of steel, lumber, aluminum, and copper go up significantly. These materials are used to make the shipping pallets, ductwork, drain pans, conductors, coils, condensers, and many other components of heating and cooling equipment. With fuel prices also on the rise, it has become more expensive to distribute, ship, and service HVAC equipment.

What To Expect In The Near Future

While the industry continues to experience production shortages and increased raw material costs you can expect that HVAC prices will continue to rise in the near future. With low inventories industry wide there will be a short supply of particular units or components. The price of furnaces and air conditioners has increased twice this year and further increases are possible.

The Importance of HVAC Maintenance

As replacing your HVAC equipment becomes exceedingly expensive, the importance of maintaining your existing equipment has become very clear to many homeowners. There are a number of things you can do yourself to maintain your AC and furnace to prolong their useful life. Changing the air filter once every three months is a crucial part of maintenance. The air filter removes dust, debris, mold, and airborne contaminants from circulating the air. Having a clogged filter puts your HVAC equipment under serious stress that will reduce its efficiency over time.

If you suspect that there may be a problem or issue with your HVAC equipment, be sure to have a certified technician resolve the issue ASAP rather than waiting for a breakdown to occur. A small repair today will avoid major repairs in the future.

We hope that knowing why HVAC prices are changing can help you plan for your home’s next heating and cooling project. If you have any further questions regarding the increase in HVAC prices or any other HVAC related concerns, don’t hesitate to contact us at any time. Our highly trained and experienced technicians are more than prepared to assist you with any of your HVAC problems. We provide efficient and quick furnace and air conditioner replacement done by our team of HVAC professionals.

We offer a variety of furnace rental, purchasing, and financing options. Give us a call at 1-855-998-2998 or fill out our online request form and we will be happy to assist you with your request.

Easy Rentals...

get total piece of mind with our High Efficiency Furnace and Air Conditioner Rental Program.
Customer Rating of 5.0
based on Google reviews

  • Get A Quote Today! Free in-home estimate!
  • This field is for validation purposes and should be left unchanged.

Upgrading to a high-efficiency heating and cooling system offers more than energy savings.

Take advantage of these rebates today!


This item comes with absolutely free standard installation. We’ll ensure that the product is completely installed to code and fully functioning prior to leaving.


Great news! Receive a brand new digital thermostat absolutely free when renting this HVAC product from DeMark Home Ontario.


Great news! When renting a furnace or air conditioner, you’ll get your first 2 months absolutely rent free.


Great news! When renting a furnace and air conditioner together, you’ll get your first 3 months absolutely rent free.


This product carries a manufacturer warranty and we’re happy to explain it in full to you. Feel free to get in touch with us for more information or see the Warranty Information tab for more information


If your order is placed and confirmed by 11am, we can have your HVAC product installed within the same day.

Certain conditions apply, not available on all products.


This water heater is subject to reduced rental rates based on the DHO discount program. Save money on your bill every single month!

Some conditions apply


Save money on this item when buying it along with a qualifying high-efficiency furnace or air conditioner.

Some conditions apply


Great news! When renting a qualifying water heater, you’ll get your first 2 months absolutely rent free.


Promotional code can be found on the eFlyer, Brochure or promotional email that you received from us.

*If you are an existing customer please refer to the mail or email that was sent to you after the installation of your equipment as it contains your promotional code. If you are having troubles locating it please call us and one of our Customer Service Representatives will be happy to assist you.

  • Please fill out the form below in order to schedule service and be sure that your request will be processed promptly and you will hear back from us shortly.

Notice for Power Vent Water Heater Customers

Effective August 2007, gas code requires technicians working on venting to replace black ABS vent pipe with white UL-certified vent pipe.

We will upgrade your venting pipes at no additional cost.

  • Forum Registration

  • Forum Rules

    Registration to this forum is free!
    You must abide by the rules and policies detailed below. If you agree to the terms, please check the 'I agree' checkbox and press the 'Register' button below.

    Although the administrators and moderators of DeMark Home Ontario Forum will attempt to keep all objectionable messages off this forum, it is impossible for us to review all messages. All messages express the views of the author, and DeMark Home is not responsible for the content of any message.

    By agreeing to these rules, you warrant that you will not post any messages that are obscene, vulgar, sexually-oriented, hateful, threatening, or otherwise violative of any laws.

    The owners of DeMark Home Ontario Inc reserve the right to remove, edit, move or close any thread for any reason.



Send this to a friend