Heat pumps were once only truly effective in warmer climates, but as heat pump technology has advanced over time, these appliances are now a reliable source of home heating in the majority of temperate regions. In fact, today’s heat pump may reduce your electricity bill by nearly 50% when compared to furnaces and baseboard heaters.
The advantages of purchasing and installing a heat pump for your home are numerous. You can find out more about each type’s functionality, price, and buying criteria by continuing to read. Installing a heat pump system worth the cost!
Heat Pump Installation Cost
Even though heat pumps are less expensive to run than furnaces, especially in places where the winters are not very cold, the initial cost of installation can be high.
The cost of installing a heat pump ranges from $4,000 to $7,500 with the national average of around $5,500. At the low end, your installation costs could run around $2,500, while on the higher end, your costs could range up to $10,000.
A number of variables will affect how much installing a heat pump will cost you specifically. Continue reading to find out how heat pump installation costs are impacted.
Types of Heat Pumps
There are several different kinds of heat pumps available, each with unique advantages and disadvantages at various price points. To reach out to a professional for a consultation to help you decide, enter your ZIP code below and connect with a local HVAC contractor near you:
Air-Source
By compressing and enclosing outside air in refrigerants, installing air-source heat pumps can warm every room in your house by distributing hot air through the central duct system. The air source heat pump can generate useful heat for your home’s interior even in cold climates by drawing energy from the ambient air outside.
Geothermal
By gathering and storing it in an underground network of pipes known as a heat exchanger, geothermal heat pumps use the earth’s constant temperature to heat and cool buildings. Sending these temperatures to the indoor unit allows it to treat the air before dispersing it through the home’s ducts. After all, the cost of geothermal heat pump is not high.
Ductless Mini-Split
In HVAC systems, ductwork can contribute to a 30% energy loss during operation, especially if the ductless heat pumps are located in unconditioned spaces like the attic. Due to the use of a small indoor unit in each zone connected to the outdoor unit, ductless mini-split heat pumps assist in reducing that energy loss.
Gas-Fired Heat Pump
Gas-powered heating and cooling systems can be less effective than other types of heat pumps because they need access to natural gas, which results in high yearly energy costs.
Costs of Heat Pumps Explained
Here are a few factors to consider when reviewing the pricing of heat pump units:
Size
Brand
Installation
Seasonal Energy Efficiency Ratio (SEER)
Heating Seasonal Performance Ratio (HSPF)
Annual Heat Pump Maintenance Costs
Heat pump repairs can cost anywhere from $150 to over $1,000 depending on what is wrong with the system. We advise homeowners to perform some of their own heat pump maintenance in order to extend its lifespan and make major repairs less frequent in the future.
Conclusion
It’s simple and affordable to maintain the health of your heat pump. We advise replacing the filter on indoor units every few months. You can buy these filters at your neighborhood big box or home improvement store.
To get your heat pump back in working order, you’ll usually need to call in a professional for assistance. If you want to know more about the cost of heat pump systems, please check Power Your Feed website.
