Our air conditioning stopped worked (only blowing warm air) and we have opted to have the whole system replaced. It's 16 years old, and leaking badly to the point where there was no refrigerant left when the technician came out the other day. We've only lived in the house 2 years, but each season, even when it is working, it's never really kept the house comfortable. We are planning to replace it with a heat pump and eliminate the hydro heat system that's in place as well since the water heater installed isn't sized correctly for the hydro heat. My main question is are these "fair" prices for the estimates we were given. We live in a 1400 sq ft townhouse in the Hampton Roads area of Virginia.

Thanks in advance for any help. It's very much appreciated.

SYSTEM PROPOSAL & AGREEMENT
Product Description Warranty*
Air Handler Gold XM -TAM4
Heat Pump Gold SI -4A6H3 Registered Limited Warranty *Compressor
- 10 years *Coil - 10 years *Parts - 10
years
Platinum Controls Thermostat Registered Limited Warranty *Parts - 5
years
Included in price. Will remove existing system and install new equipment
listed in this proposal.We will install new pad for outdoor unit and install
new drain pan for indoor unit (if required).We will install float switch on
condensate line. We will hook up to existng duct work and make airtight
plenum transitions. We will install new electrical disconnect for outdoor unit.
We will check duct work and make minor repairs. Run new electrical to indoor unit.
Warranties
One year labor warranty
One Year Service Agreement
System Investment: $6,290.00
* The warranty terms displayed in this column are the registered limited warranty terms and are listed in this order:
Compressor / Coil / Parts / Heat Exchanger. A dash (-) indicates that the warranty component is not applicable to the
product.
Efficiency: SEER 13, EER 11, HSPF 8

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SYSTEM PROPOSAL & AGREEMENT
Product Description Warranty*
Air Handler Platinum XV -TAM7
Heat Pump Gold XI -4A6H5e Registered Limited Warranty *Compressor
- 10 years *Coil - 10 years *Parts - 10
years
Platinum Controls Thermostat Registered Limited Warranty *Parts - 5
years
Run new electrical to indoor unit.
Warranties
Two year labor warranty
One Year Service Agreement
Base Price $8,010.00
American Standard 15 seer rebate ($500.00)
System Investment: $7,510.00
* The warranty terms displayed in this column are the registered limited warranty terms and are listed in this order:
Compressor / Coil / Parts / Heat Exchanger. A dash (-) indicates that the warranty component is not applicable to the
product.
Monthly Payment: $131.43 for 5.9% APR with 1.75% Min Monthly Payments
Efficiency: SEER 15, EER 12.5, HSPF 9

Ten year warranty on compressor and parts. Two year warranty on labor.
Dealer Warranty
Will provide a one year service agreement.
Details
Will remove existing 2 ton split system and install new 2 ton heat pump. Existing system has a water coil we will
go back with a heat pump. Need to pull new 60 amp circuit and tstat wire. We will hook up to existing duct work in attic.
American Standard 15 seer rebate