Replacing a capacitor is easy. Just take a photo of the wires before disconnecting anything (you may need a reference later on). Then discharge the stored energy in the old capacitor (Photo 4). Use needle-nose pliers to pluck one wire at a time from the old capacitor and snap it onto the corresponding tab of the new capacitor. The female crimp connectors should snap tightly onto the capacitor tabs. Wiggle each connector to see if it's tight. If it's not, remove the connector and bend the rounded edges of it so it makes a tighter fit on the tab. When you've swapped all the wires, secure the new capacitor (Photo 5).
Air conditioning and refrigeration are provided through the removal of heat. Heat can be removed through radiation, convection, or conduction. Refrigeration conduction media such as water, air, ice, and chemicals are referred to as refrigerants. A refrigerant is employed either in a heat pump system in which a compressor is used to drive thermodynamic refrigeration cycle, or in a free cooling system which uses pumps to circulate a cool refrigerant (typically water or a glycol mix).
We installed a TRANE XL18 HVAC with a TRANE HV80 furnace 16 years ago and it still works great in Tucson, AZ.  We inquired into a replacement for the future since the R-22 refrigerant will be off market at the end of this year.  Our maintenance folks want to sell me a new system anyway (even though the TRANE works great).  We are considering the BOSCH Inverter heat pump as a lower cost option down the road.  Watch out for the tricky salesmen trying to sell beer at champagne prices though. Get estimates on whether you need to replace your current system and how much it could cost.  And if they are factory certified.
Knowing what you should be paying for your HVAC equipment and installation is essential to getting a fair deal. Most HVAC prices aren’t advertised. Contractor strategy is to get a salesperson into your home to sell you on a package of equipment, accessories and installation. This makes comparing systems difficult, and some sales pressure might be applied.
In addition to the information below, see these two articles for the general care and maintenance of your air conditioner: Preparing Your Air Conditioner for Summer and How to Replace Furnace & AC Filters. Most noteworthy, you should replace the filters at least twice a year, before the heating and cooling seasons. For information on furnace problems, please see Furnace Not Working.