How long is the term of the rental furnace/air conditioner contract?
There is a minimum 7 year commitment to the rental furnace or air conditioner program. This doesn’t mean that you can’t get out of the contract; it just means you would need to buyout your equipment if you wanted to end the program in this period. This period is what is called the contract term. After the initial 7 years you simply continue to pay on a month-to-month basis and you continue to get all of the coverage of the rental plan.
How long you stay on the program is entirely up to you. So as far as a rental term is concerned, there really isn’t one.