Sunday, April 8, 2012

R-22 Price Increases

As some of you may know R-22 commonly called freon, has been on phase out schedule since 1993. This is the most common refrigerant in home air conditioners over the past 60 years. It has been increasing in price steadily since the phase out began.  Like any commodity when there is less produced the more it costs. Recently the phase out was accelerated, the price increased by 200% in one day and we are not sure where it might end. I have heard rumors of 700% to 800% increases. Bottom line if your still using R-22 air conditioning brace yourself if you wish to stay cool.