Is variable speed AC worth the cost?

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Lower electric bills. The ability to ramp down in speed means that your AC uses only the lowest amount of electricity needed, meaning lower energy bills throughout the year.
Quieter operation. Since variable-speed blowers can operate at any capacity (not 100% all the time), they have lower decibel levels than other AC units.

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Author: https://georgebrazilhvac.com/blog/is-a-variable-speed-air-conditioner-worth-the-cost-in-phoenix