It means you have a decent amount of money in the bank, and you don't life paycheck to paycheck. It also means that you are not in debt, and that if you have any lines of credit out (loans, credit cards) you are able to make full payments monthly to avoid debt.
1 An associate's degree in HVAC Technology costs $15,000-$35,000 and can be completed in two years. 2  The Refrigeration School in Phoenix, AZ, offers HVAC training via a one-year certificate program for $19,125 or a two-year associate's degree for $29,420.
So, the total price to a contractor for this project is $7,195.77, which weâll use to calculate a fair HVAC installation cost. As I said, we typically use 40% in the industry to cover our own personal profit, as well as our insurance and other expenses.