It is advisable to insulate the refrigerant lines - exposing it to the atmosphere causes a loss in the temperature of the refrigerant as it circulates between the compressor and the evaporator. It may not be evident as much because the refrigerant flow rate is very high but over the period of usage, the loss will result in the increased power bills.
I am surprised you haven't done it yet! Summers are here already.
I am surprised you haven't done it yet! Summers are here already.