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Window AC units use a fair amount of electricity, but significantly less than central AC systems. Because they are more energy-efficient for cooling individual rooms or small spaces, their usage is comparatively low. On average, a window AC unit consumes between 500 and 1,400 watts, while a central AC system uses over 3,500 watts—meaning a window unit uses about one-third of the energy. This typically translates to a monthly running cost of $15 to $40, although this can vary depending on external factors.

If both your furnace and AC unit are more than a decade old, it may be a good idea to replace both of them. However, your furnace can last up to three decades, and your air conditioner can typically last up to 15 years, so consulting with a pro before deciding to replace both of them is best. If it’s before that time limit for each, you can fix many problems with repairs or just replace one.

If you’re planning an AC replacement, choosing an AC with a higher SEER rating may save you money in the long run. Tax credits could cover as much as 30% of the job, and you’ll notice smaller utility bills (particularly if you live in a hot climate where you need to constantly run the AC). Generally, you can expect to pay between $350 and $1,500 for each SEER rating increase. Weigh the cost against your typical utility bill to figure out what’s worth it to you.

The DOE is phasing out AC units with SEER ratings that fall below 14 or 15. The exact minimum rating depends on your region. In the northern United States, new ACs must have a minimum SEER rating of 14, though you can still buy and install older systems as long as they were compliant when they were manufactured. In the southern and southwestern United States, you cannot buy or install older air conditioners with lower SEER ratings. The minimum rating is between 14.5 and 15, depending on the power of the unit.