Currently R410A is one of the most commonly used and environmentally friendly refrigerants used in residential Central Air Conditioning and mini-split/ductless Air conditioning systems.
So why did the price of R410a change so dramatically? It comes down to two main reasons:
First, there’s a worldwide R410a shortage. China is experiencing a temporary shortage of the components that make up R410a refrigerant. In some cases prices have quadrupled for certain components and this increase has affected the pricing for customers purchasing refrigerant for their homes Air conditioning systems this year. This is resulting in a refrigerant shortage and price increases. The overall shortage is compounded by the demand increase during the summer months, and it is affecting both after-market and OEM suppliers.”
There is a new tax on R410a. Last June, the U.S. Department of Commerce and International Trade Commission implemented a new tax on key refrigerant blends that are imported from China—and R410a is significantly affected. This tax is based on the current price of the refrigerant, so when the price increases, so does the hefty tax (as high as 216% of the cost).
WHAT HAPPENS NEXT?
While no one can predict the future, we believe that the R410a price increase will continue throughout the summer, since refrigerant will remain in demand. However, as the weather starts to cool, usually around the end of August or early September, and demand decreases, we anticipate the R410a shortage will be less prevalent. However, this may not necessarily result in a significant price decrease due to other factors affecting pricing.
In order to ensure that we can continue to service your air conditioning equipment with no interruption during the summer months, our company is stocking additional amounts of R410A refrigerant. We are confident that we have an adequate supply to meet our customers’ needs.
If you think your AC system may require refrigerant, it may be smart to schedule an air conditioning service call now to take advantage of current prices and market conditions.
If you need any help determining if you require new refrigerant for your AC system, our technicians are always available to help with a solution.
Please call our office directly at 401-723-1100 or visit our website to request service.
https://mckeeenergyservices.com/request-service/
Thank You
Mckee Brothers Energy Solutions
8 Davis St
Cumberland, RI 02864
401-723-1100
