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You would think that, as financial professionals, bankers would be acutely aware of the critical importance of HVAC systems for banks. The reality is, however, that, like most business owners, bankers and building owners where banks operate routinely neglect their HVAC system’s maintenance, leaving them vulnerable to costly and expensive repair issues when something goes wrong. In state that is home to thousands of banks across its 565 municipalities, New Jersey needs a committed, qualified and experienced professional service team to provide expert installation, repair and maintenance of their bank’s HVAC system. Universal Mechanical Group has been partnering with the state’s banks for years to ensure their employees and customers are comfortable and able to breathe easier. Call us today at (973) 866-5445 to discuss your project. We look forward to hearing from you.

What Can Happen If I Don’ Properly Maintain My Bank’s HVAC System?

In addition to the serious health risks, which we’ll get to in a minute, that our employees and customers face without a properly functioning HVAC system, ignoring small problems today can lead to big problems down the line. While there are a variety of expensive issues for which you could easily find yourself paying out of pocket if you fail to make proper preventative maintenance, some of the more common include:

Refrigerant Leaks

This common but costly problem can set you back thousands of dollars in the long run, and are completely avoidable with routine maintenance. An air conditioning unit has refrigerant chemicals within its coils that help keep your home cool and comfortable. When these levels are low, the condenser has to work harder to keep the air at the right temperature. When the condenser works overtime for an extended period of time, it can quit altogether.

It can take quite a bit of time for a professional to diagnose, locate and fix a refrigerant leak, costing you hundreds and even thousands. Then, you’ll pay an additional charge to fill the AC refrigerant. Annual maintenance costs considerably less and takes just a few hours.

Compressor Malfunction

An air conditioner’s compressor moves the refrigerant through your system to remove heat and humidity. Compressor failure is generally the result of dirty coils that make the system work extra hard to expel heat.

When the compressor overheats, it can break down. Incorrectly sized suction lines or blocked lines cause undue stress on your system that, if left unrepaired, will cause costly problems.

Compressor replacement is one of the most expensive, time-consuming AC repairs. Expect to spend between $1,300 and $1,800 for a newly installed compressor. You could also pay up to $250 for a compressor repair start kit, depending on the damage. Preventative maintenance plans cost much less.

Condenser Failure

Your home’s HVAC unit has two parts: one inside and one outside. The outdoor part is called the condenser, where your unit releases heat outside through condensation.

The condenser includes the compressor, blower fan, condenser coils, and motors and capacitors that power it all. Condenser breakdowns happen because of damage by debris, leaking refrigerant or electrical issues. Since the condenser has many parts, it can take hours for a service technician to diagnose and repair the problem.

The average air conditioner unit lasts around 15-20 years; however, what happen during this time, and whether your system goes the full time is often the result of the maintenance you put into it. Investing in a simple, routine preventative maintenance contract can save you thousands in the long run, and increase the longevity of your bank’s commercial HVAC system.

What Does Maintenance for HVAC Systems for Banks Look Like?

The good news is that HVAC systems for banks are not all that different than any other type of ordinary office building. They’re not like systems at restaurants that are required to perform at a higher level and suck up grease and smoke into their vents and filter. The maintenance routine for these types of system is generally simple for an experienced and qualified HVAC tech like those at Universal Mechanical Group. We generally recommend having your bank’s HVAC system serviced at least twice a year to coordinate with the winter and summer seasons.

While each system’s specifications will be different, depending on size and other factors, there are variety techniques that are universal for every type of system:

Heating Maintenance:

  • Inspection of the vent system and air intake grilles to remove
  • Checking the heat exchanger for signs of damage or corrosion
  • Examining and cleaning the blower, removing any debris
  • Checking the blower motor and testing its amp draw
  • Inspection of electrical connections, tightening them and replacing damaged wiring
  • Checking the burner and flame sensor
  • Examining the belts for any signs of damage or cracks
  • Inspecting the thermostat and calibrating it as needed
  • Lubricating all moving parts in the heating system
  • Checking the air filter, cleaning it or replacing it as needed
  • Checking and testing the system’s safety controls and startup cycle

AC Maintenance:

  • Check condenser coil and clean
  • Inspect automatic blower control
  • Assess operating pressures for refrigerant
  • Look at thermostat calibration
  • Inspect safety control where applicable
  • Examine all electrical connections
  • Check voltage and amperage on motor
  • Check condensate drain
  • Clean or replace air filter (as needed)
  • Lubricate all moving parts as needed
  • Check for correct air flow
  • Check starting capabilities

The Daily Financial Benefits of Properly Running HVAC Systems for Banks

As a company that has been proudly operating and serving customers in the greater New Jersey area for years, Universal Mechanical Group is acutely aware of just extreme the seasons in this state can get. We also know that this type of extremity can lead to higher and higher utility costs throughout the year. The average cost of utilities for commercial buildings is $2.10 per square foot. The total electricity expense for private-sector office buildings in 2016 was $1.69 per square foot. These costs can rise considerably if you have things like leaky duct work, clogged or dirty air filters or other maintenance issues causing your system to overperform and under-deliver.

When Is It Time to Replace HVAC Systems for Banks?

The United States Department of Energy recommends replacing or upgrading your system if:

  • Heat Pump or AC Is More than 10 Years Old – Consider replacing it with a unit that has earned the ENERGY STAR label. Installed correctly, these high-efficiency units can save up to 20 percent on heating and cooling costs.
  • Boiler is Older than 15 Years Old – Consider replacing with an ENERGY STAR qualified furnace, which is 15% more efficient than a conventional furnace. If you have a boiler, consider replacing with an ENERGY STAR qualified boiler that is 5% more efficient than a new, standard model.
  • Your Equipment Needs Frequent Repair – Your cooling or heating equipment may have become less efficient.
  • Some Rooms in Your Space are Too Hot or Cold – Improper equipment operation, duct problems or inadequate insulation could be the cause.
  • You Don’t Have A Programmable Thermostat and Your Space Is Commonly Unoccupied – Install a programmable thermostat or have a good contractor install one and instruct you on its use — to start saving energy and money while they’re away or sleeping.
  • Space Has Humidity Problems – Poor equipment operation, inadequate equipment, and leaky duct work can cause the air to be too dry in the winter or too humid in the summer.
  • Your Space Has Excessive Dust – Leaky ducts can pull particles and air from attics, crawl spaces and basements and distribute them throughout your space. Sealing your ducts may be a solution.
  • Heating or Cooling System Is Noisy – You could have an undersized duct system or a problem with the indoor coil of your cooling equipment.
  • Score on the Home Energy Yardstick is Below Five – That means your energy use is above average and you’re probably paying more than you need to on energy bills.

Take It To the Bank: UMG Are Experts on HVAC Systems for Banks

Universal Mechanical Group is committed to helping banks all over the New Jersey, including Union County, Bergen County and the rest of the state. We have helped countless higher-education clients in Alpine, NJ; East Rutherford, NJ; Edgewater, NJ; Englewood, NJ; Franklin lakes, NJ; Glen Rock, NJ; Mahwah, NJ; Maywood, NJ; Palisades Park, NJ; Paramus, NJ or you own a larger fine-dining establishment or bar and grill in cities like Ridgewood, NJ; Rutherford, NJ; Saddle Brook, NJ; Saddle River, NJ; Ho Ho Kus, NJ; Demarest, NJ; Woodcliff Lakes, NJ and throughout the state keep their customers safe, healthy and comfortable. Call us today at (973) 866-5445 to see what we can do for you. We look forward to hearing from you.