Frontdoor Offering Big Savings on New Heating & Air Conditioning Systems

Frontdoor, Inc. (NASDAQ: FTDR) announced today the launch of its New HVAC Program. This program provides exclusive pricing on new, name-brand HVAC systems for American Home Shield members and Frontdoor app users.

“An HVAC system is one of the biggest purchases homeowners can make outside of buying their house, with many retail systems selling for $10,000-$12,000 or more,” said Frontdoor, Inc. Chief Operations Officer Evan Iverson. “Our program offers leading brands and expert installation at prices that could save the average homeowner thousands of dollars*.”

Homeowners taking advantage of the New HVAC Program receive the following benefits:

• Free in-person inspection and quote: A vetted Pro (contractor) will visit your home, evaluate your current HVAC system and give you an estimated replacement cost;
• Installation and removal: Schedule your installation and delivery day, a Pro will install your new HVAC and properly dispose of your old one;
• Exclusive member-only savings: Use our national buying power for significant savings on name brands like Lennox, Goodman, Bryant and GrandAire, based on availability in your area;
• Flexible payment options: Pay for your new equipment via credit card or opt for third-party financing, subject to approval**

With a new HVAC system, homeowners can expect lower monthly energy bills due to the system’s increased efficiency. This means a new system can pay for itself over time. Homeowners can also receive tax credits from the government when the new HVAC meets environmental standards, Iverson added.

“The average HVAC system lasts approximately 15 years, so if your system is approaching that timeframe, or if you simply want a better and more efficient system, now is an excellent time to upgrade through our exclusive program,” Iverson said. “New systems can lower your energy costs by up to 35% annually.† You can also enjoy a quieter system and better air circulation in your home,” he added.

Additionally, in January of next year, the federal government is phasing down the use of a common refrigerant used in many air conditioning systems because of its harmful effect on the environment. After January 2025, this refrigerant will be difficult to access and by extension, more expensive, adversely impacting millions of U.S. homes.

Scheduling a replacement before your AC breaks has the following advantages: the contractor can make sure the equipment is in stock and ready; they can get the job scheduled in advance; and they can typically complete the replacement often in a single appointment with downtime measured in hours.