When it comes to asset classification of HVAC systems, it is important to consider the type of system being used. Fixed assets such as buildings, furniture, large equipment, and systems such as lighting and heating, ventilation, and air conditioning (HVAC) are usually one-time investments and have a longer lifespan. Major HVAC equipment includes heating equipment, ventilation equipment, and refrigeration or air conditioning equipment. Air conditioning systems can be classified into central and local systems according to multiple zones, location and distribution.
Central air conditioning systems are located away from buildings in a central equipment room and supply air conditioning through a system of supply ducts. These systems consist exclusively of air, air-water and water. Local HVAC systems can be located within or adjacent to a conditioned area and do not require ducts. Local systems include local heating, local air conditioning, local ventilation, and split systems. Central air conditioning systems are typically classified as long-term assets due to their long lifespan and high cost.
Local HVAC systems are usually classified as short-term assets due to their shorter lifespan and lower cost. Maintenance costs should also be taken into consideration when classifying these systems as assets. Central air conditioning systems require more maintenance than local HVAC systems due to their complexity, which means they may be classified as higher-value assets than local HVAC systems. In summary, the asset classification of HVAC systems depends on the type of system being used and the associated maintenance costs. Central air conditioning systems are typically classified as long-term assets due to their long lifespan and high cost.
Local HVAC systems are usually classified as short-term assets due to their shorter lifespan and lower cost.