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Heat pumps are less expensive to operate than furnaces in regions where winter temps don&#;t get bitterly cold. According to Angi, the price to have one installed typically ranges from around $4,206 to $7,688, with a national average cost of a heat pump is $5,947. However, a homeowner&#;s individual cost (and energy savings) will vary.
Installing a heat pump is often considered an eco-friendly way to heat and cool a home because it saves electricity or gas costs. Homeowners will want to learn more about this energy-saving way to keep their home comfortable and find out how to locate a heat pump installer if they decide a heat pump is the right choice.
Photo: bobvila.comA furnace uses gas or electricity to power a heating element and then blows forced air over the hot element and into the home to warm it. But what is a heat pump? A heat pump pulls heat from surrounding natural sources (air, soil, or water) and uses it to produce heat to warm up a home. In addition, a heat pump also acts as an AC to keep a home cool by drawing heat out of warm indoor air during the summer. So, instead of needing two units&#;a furnace and an air conditioner&#;a heat pump does the work of both.
Some heat pumps are dual fuel units, meaning that they can run on electricity or gas at different times. &#;[Homeowners] could &#; work with their contractor to make the decision based on their local utility rates and what their local climate looks like, when it makes sense to run that system in electric mode, and when it makes sense to run it using gas,&#; says Heidi Gehring, director of residential HVAC product management at Carrier, a manufacturer of HVAC systems. &#;For instance, when it gets super super cold it makes sense to run it in gas, but if you&#;re at 30 degrees, it might make sense to heat your home with the heat pump.&#;
While a heat pump system costs $5,947 on average, the final heat pump cost varies widely. A heat pump cost calculator factors in the size of the unit, the type of heat pump purchased, and its level of efficiency.
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Like an HVAC system, for a heat pump to efficiently warm and cool a home, it must be sized to the home&#;s living space. According to Gehring, the right heat pump capacity &#;can be based on the size of the home, the location, the direction the home is facing, how many windows [it has], what trees are in the area&#;even the layout of the home can play into it. It&#;s really important to make sure that [homeowners] don&#;t just guess or look at the size they had previously, but bring in a professional to do that full analysis to give them a quote for what is the right system for their home.&#;
In discussions about heat pumps, &#;tonnage&#; refers to the amount of heat the heat pump can move into and out of the home in a given time. In addition to living space, a professional installer will factor in the climate in the region when determining size. A 2-ton heat pump runs $3,500 to $5,500 and can heat 1,000 square feet. A midsize 3.5-ton unit for a 2,500-square-foot home averages $3,900 to $6,400, and a large 5-ton unit that heats up to 3,500 square feet can cost $4,500 to $8,800, not counting heat pump installation costs.
Photo: bobvila.comThe type of unit, meaning whether it&#;s designed to pull heat from the air, water, or soil (or whether it&#;s designed to run on solar energy) also factors in. A geothermal ground-source heat pump can run as little as $6,000 (installation included), while a solar heat pump can run as much as $39,000, primarily due to the expense of the solar panels.
A Seasonal Energy Efficiency Rating (SEER) is how heat pump efficiency is measured. The higher the SEER rating a heat pump has, the more efficient (and typically more expensive) it is. Heat pumps are very efficient in warmer regions where the unit&#;s refrigerant lines can draw from abundant ambient heat. This means heat pumps are most efficient in southern states in the U.S. and also in Hawaii. While they become gradually less efficient as regions become cooler, they can be supplemented with an electric or gas furnace.
Photo: bobvila.comThe labor expense is a substantial part of the cost to install a heat pump&#;each worker is charged at a rate of between $75 to $125 per hour. If a permit is needed, homeowners can expect to pay around $50 to $300.
The climate is also a factor in determining the price of a home heat pump&#;in warmer locations, such as Miami, Florida, having a heat pump installed costs an average of $2,200 to $3,700 because the temperatures are mild and a smaller air-to-air unit is all that&#;s usually needed. In contrast, having a heat pump installed in a home in Denver, Colorado, could cost as much as $10,000 because refrigerant lines may need to be buried, and a larger unit may be called for. It&#;s also worth noting that SEER requirements vary by state, with residents of southern states typically requiring units with a SEER rating of at least 15 and those in northern states benefiting from units with a rating of 14 or higher.
City Heat Pump Cost (Materials and Labor)Chicago, Illinois$4,500 to $5,500Denver, Colorado$2,800 to $10,000Houston, Texas$3,800 to $7,100Miami, Florida$2,200 to $3,700Minneapolis, Minnesota$3,200 to $5,400New York City, New York$3,300 to $7,300St. Louis, Missouri$4,200 to $8,000The materials and quality in a heat pump vary from average to high-end, and homeowners can expect to pay more for a unit from a nationally known manufacturer. Some additional costs may apply; for example, it may be necessary to purchase a special heat pump thermostat for $140 to $350. Whether or not ducts need to be installed is another cost consideration.
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Homeowners whose geothermal heat pump installation falls between and are eligible to receive a 30 percent federal tax credit. The same credit percentage is available for air source units installed between and . State and local heat pump tax credits may also be available, and a heat pump installer is likely to know if any are available locally.
In addition to the size of the unit and efficiency level, the brand name can make a difference in heat pump prices. While a typical air-source heat pump starts at around $1,000, some well-known, high-end brands will run as high as $11,200. Before going with a lower-end brand, it&#;s worth checking out the warranty the various units offer. A well-known brand may be more likely to back up the quality of its product to preserve its good reputation.
Heat Pump Brand Average Cost (Unit Only)Amana$1,800 to $2,800American Standard$2,000 to $3,200Bosch$1,300 to $8,200Bryant$1,600 to $2,700Carrier $2,300 to $3,900Coleman$1,300 to $3,200Daikin$1,000 to $10,000DuctlessAire$1,000 to $1,800Goodman$1,500 to $3,900Lennox$2,700 to $4,500Mitsubishi$1,700 to $11,200Panasonic$1,300 to $2,700Rheem$1,600 to $3,200Ruud$1,600 to $3,200Trane$2,600 to $4,200York$1,300 to $2,300A heat pump can replace a home&#;s existing HVAC system and&#;in some cases&#;make use of the existing ductwork. If this isn&#;t feasible due to the ducting configuration or the ducts not being in good shape, homeowners can opt for a mini-split system that doesn&#;t require ducting. During heat pump replacement, having new ducts installed could add $3,000 to $7,500, depending on the project&#;s complexity.
It&#;s a good idea to have a heat pump inspected and serviced annually, and this service will cost $50 to $180 per visit. If the heat pump needs to be repaired, costs are about $150 to $600 on average. Failing to maintain a heat pump or other type of HVAC system is one of the biggest home heating mistakes that can spike energy bills.
For those who are torn between a heat pump vs. a furnace, it&#;s worth noting that heat pumps typically have a higher initial cost. A new heat pump will run an average of $5,947, and the cost to install a new furnace typically runs from $2,800 to $6,800. Still, homeowners stand to save a substantial amount on utility bills with a heat pump. Homeowners will want to keep in mind that a furnace only heats the air, while a heat pump not only heats but also cools the air, so it removes the need to buy a separate AC unit.
Photo: depositphotos.comAll heat pumps have one thing in common: They all draw heat from their surroundings and use it to create either warm or cool air. But that&#;s where the similarities end. The best heat pumps can be installed in the ground, underwater, or sit out in the open. Some require electricity from a home&#;s wiring to power an air handler, while others depend on energy from solar power. The best one for an individual household will depend on a homeowner&#;s needs and budget.
Heat Pump TypeAverage Cost (Materials and Labor)Air source$4,500 to $8,000Geothermal$6,000 to $20,000Hybrid$2,500 to $10,000Mini-split$1,300 to $8,000Solar$18,000 to $39,000Slightly less expensive than geothermal, an air-source heat pump costs $4,500 to $8,000. This type of heat pump costs less because it&#;s cheaper to install. With an air-to-air unit, there&#;s no need to excavate to bury refrigerant lines.
Designed with refrigerant lines buried in the ground or located beneath the water in a pond, geothermal heat pump costs (including heat pump installation costs) range from $6,000 to $20,000 on average.
A heat pump can be used to supplement a separate electric furnace, which allows the homeowner to run the heat pump when the temperatures are suitable, yet still have the comfort of a furnace when it gets colder. Hybrid heat pumps can run $2,500 to $10,000.
A mini-split heat pump is just as efficient as a central system, and it often includes multiple air handlers that serve different zones of the home. The difference is that the air does not run through ducting. Expect to pay between $1,300 to $8,000 to install a mini-split system, depending on how many zones are necessary.
This type of heat pump requires the installation of solar panels that power the unit&#;s compressor. Some solar heat pumps do double duty and heat fluid in the lines to supplement the unit&#;s efficiency. Solar heat pumps are pricier than other types and range in cost from $18,000 to $39,000. Much of that cost is due to the price of the solar panels.
As the price of electricity keeps going up, some homeowners decide to put in a heat pump to save on energy costs. Still, there are other benefits, including potential tax credits and conserving essential floor space in the home.
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Homeowners will save more on utility bills if they live in a moderate climate&#;in fact, they can save up to 50 percent, making heat pumps an eco-friendly way to reduce a carbon footprint. In the past, heat pumps were less effective in colder climates. However, &#;You can run these heat pumps in some of the coldest climates. Dual fuel systems make it so that heat pumps can make sense in pretty much any area where you might have a couple of days here and there where it&#;s the coldest,&#; says Gehring. &#;[When you think about] our parents&#; and grandparents&#; heat pump of the past, we&#;ve improved from there, and they can really make sense in most regions at this point.&#;
The cost of building a house today is much higher than just a decade ago, so homeowners want to put every square foot to good use. A 3-foot by 3-foot furnace will take up 9 square feet of real estate in the home, and it could potentially stand up to 6 feet high. Replacing a furnace with a heat pump frees up space for a utility closet, storage, or other suitable uses. Heat pump lines run outside the house, and their air handlers install out of the way on the upper portion of exterior walls.
When less energy is used to heat and cool a home, there&#;s less demand on the electric grid, making heat pumps an environmentally friendly option. Heat pumps come with a seasonal energy efficiency rating (SEER), and the higher the rating, the more energy-efficient the unit. Higher ratings also come with bigger price tags. A 14 to 15 SEER unit runs about $1,600 to $5,900, not counting installation, while a high-efficiency unit over 20 SEER runs $3,600 to $9,500.
In addition to temperature control, heat pumps are great for controlling air quality and humidity levels. They have powerful filters that remove allergens such as dust and pollen from the air. They can also regulate a home&#;s humidity levels, which is vital to residents&#; health and comfort.
Heat pumps both cool and heat a home. During the winter, they draw heat from the soil, water, or air and use it to warm the home&#;s interior. In the summer, they draw warmth from the heated air inside the house, and via the use of refrigerant lines, they produce cooler air. In summer, a heat pump works similarly to a traditional air conditioner. For those comparing the heat pump vs. AC costs, it&#;s worth noting that while heat pumps are pricier, they eliminate the need to purchase a furnace.
A heat pump that runs on electricity is safer than a gas-powered furnace because there&#;s no fuel combustion involved and no potentially toxic fumes. In addition, a mini-ductless heat pump, which costs $1,300 to $8,000, is less likely to produce airborne allergens, so residents who are sensitive to dust and other allergens will breathe more freely.
Photo: depositphotos.comThe labor costs to have a heat pump installed are substantial, and they often exceed the cost of purchasing the unit. That said, installing a heat pump isn&#;t something even enthusiastic DIYers are set up for.
Gehring advises that this is a job that&#;s best left to professionals who have a license to work with the refrigerants required and says that because there&#;s often electrical work to be done, &#;this is definitely something that makes sense to have a professional come in and do.&#; In addition, combo units that feature dual-fuel gas lines must usually be connected by a licensed plumber to ensure no gas leaks.
In general, due to the complexity, it&#;s a good idea to have a heat pump installer or one of the best HVAC companies (such as Aire Serv) take care of this project. &#;One of the benefits &#; with a professional is that you get warranty coverage on it, and a professional can make sure that airflow and other things that are hugely important to the overall function of the unit are set up correctly on that piece of equipment so that the homeowner is getting the best efficiency and comfort out of it as possible,&#; Gehring adds.
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Installing a heat pump can be a pricey prospect, typically ranging from $4,206 to $7,688. It&#;s only natural to want to save some money on the cost of heat pump installation and still receive the benefits of this energy-efficient way to heat and cool a home. The following tips can help homeowners save money on the cost of a heat pump system.
It&#;s a good idea to get more than one quote when looking to have a heat pump installed, but there are a few other essential questions to consider asking the installer.
Heat pump technology has been around for a few decades, but because heat pumps are so much more efficient than a furnace in mild climates, they&#;re steadily gaining in popularity. For those who are considering having a heat pump installed, a few questions are likely.
Q. How much money can I save with a heat pump?Those weighing heat pump vs. furnace costs will want to note that, despite the higher initial cost of a heat pump, they could save up to 50 percent on their utility bills by switching if they live in an area with high electric rates and they&#;re currently running an electric furnace.
Q. How often should I replace my heat pump?The average lifespan of a heat pump is between 10 and 15 years. Many homeowners find heat pump replacement costs offset utility costs.
Q. What size heat pump do I need for a 1,500-square-foot house?Depending on the climate, the number of windows in the house, and the amount of insulation, you may need a 2.5-ton or 3-ton heat pump.
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Heat pump installation costs typically range from $4,200 to $7,600, but many homeowners will pay around $5,900 on average. A heat pump is a sleek, efficient, and cost-effective way to heat and cool your home. Instead of generating new heat like traditional heating systems, a heat pump works by transferring heat from the air or ground outside into your home. Heat pumps lower your energy bills and reduce your carbon footprint. We&#;ll go over various cost factors and installation options below.
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Adobe- Royalty Free
Central AC Installation Cost
Central AC unit costs range from $3,800 to $7,700.
GET ESTIMATE Adobe- Royalty FreeHeat Pump Installation
Heat pump costs range from $3,700 to $11,000.
GET ESTIMATE Adobe- Royalty FreeSplit AC units costs range from $3,700 to $11,000.
GET ESTIMATENote: Article cost data sourced from Angi, Fixr, and Home Advisor.
The cost of a heat pump depends on several factors, including the pump size, type, and efficiency rating.
Heat pumps are much more efficient than traditional heating models like baseboard heaters or gas furnaces. A heat pump&#;s efficiency rating is determined by its
Seasonal Energy Efficiency Ratio (SEER).
Higher SEER ratings mean more efficient systems. A pump with lower efficiency will cost less to install than a high-efficiency model, but will save you less money long-term.
A heat pump&#;s service capacity is determined according to how many British thermal units (BTUs) it needs to operate. An 18,000-BTU system weighs about 1.5 tons while a 60,000-BTU system is about 5 tons.
The system needs about 15 to 30 BTUs for each square foot it heats or cools. The larger your home, the more BTUs needed. A typical home of 2,000 square feet requires 30,000 to 60,000 BTUs. Many other factors affect your system&#;s performance, so only use these numbers as a guideline.
Your area&#;s climate, your home&#;s age, and many other factors also determine how large your heat pump unit needs to be. For reference, a small system of 1 to 2 tons can cost $3,500 to $5,500 while a 5-ton outdoor unit might cost $8,800 just for the unit, plus more for installation.
Residential heat pumps come in three main types: air-source, ductless, and geothermal.
Air-source heat pumps are the
most common type
and usually the most cost-effective. They use refrigerant-filled coils to absorb heat from the outdoor air and transfer it into your home. Prices for air-source heat pumps range from $4,500 to $8,000, depending on brand, size, and efficiency. The installation costs also vary, depending on the setup&#;s complexity.
Ductless heat pumps are a type of air-source pump specifically engineered for homes without a duct system. They&#;re often used in room additions, hyper-energy-efficient homes, or houses built with a non-ducted system. Ductless heat pumps cost $2,000 to $8,000 on average, but can run as high as $14,500 for larger models.
Geothermal heat pumps use a ground loop to draw heat from the earth or a body of water. These systems are more expensive than air-source heat pumps, costing between $6,000 and $20,000. Installation costs may also be higher due to the need for ground loop construction. However, geothermal heat pumps are typically more efficient than air-source pumps and may be eligible for energy tax credits.
In addition to these three primary types, you can find hybrid heat pumps that combine an air-source system with an electric furnace. There are also solar-powered systems, which tap into the sun&#;s energy through solar panels. These systems are usually more expensive than traditional air-sources at around $6,000 to $12,000.
Heat pumps are designed to move heat from one place to another, so the colder the region, the harder it is for the heat pump to work. Consequently, heat pumps are often more efficient in warmer regions.
A heat pump&#;s efficiency is measured by its SEER rating. The higher the SEER rating, the more efficient the unit will be in extracting energy from the air, and the lower your energy bills will be. A heat pump with a SEER rating of 16 or higher is considered to be energy efficient. Heat pumps with higher SEER ratings cost more up-front, but can save you money long-term.
Pump efficiency is also determined by the unit&#;s Heating Seasonal Performance Factor (HSPF) rating. The Environmental Protection Agency (EPA) calculates HSPF by dividing the total electrical energy consumed by a heat pump (expressed in BTUs) by the total heating required during the heating season (expressed in watt-hours). The EPA awards an Energy Star label to heat pumps with an HSPF of 8.2 or higher. A good HSPF rating falls between 8 and 10.
Labor costs to install a heat pump vary by the type of heat pump and the job&#;s complexity. For example, a ductless mini-split system is often more expensive to install than a traditional central air conditioning system because of the additional components and installation complexity. Additionally, a heat pump that has special features such as variable-speed fan motors or advanced thermostat capabilities may require more labor. On average, labor costs $75 to $125 per hour.
Heat pumps come in various materials and quality levels, which affect the total project cost. Average heat pumps cost $4,200 to $7,600, while high-end systems can cost up to $10,000 or more. Higher-end systems are typically made from better materials and offer advanced performance, efficiency, and durability.
Brand can have a big impact on heat pump cost. Some of the top brands include Trane, Carrier, American Standard, Rheem, Bryant, and Goodman.
BrandAverage Unit CostGoodman$1,500&#;$3,900Bryant$1,600&#;$2,700Rheem$1,600&#;$3,200American Standard$2,000&#;$3,200Carrier$2,300&#;$3,900Trane$2,600&#;$4,200If you have existing ductwork that fits your new heat system, you can dramatically reduce your overall project costs. Heat pump installers can almost always use existing ductwork unless it&#;s damaged or poorly designed. Ductwork may need repair or cleaning, which could add to the project cost slightly. Adding new ductwork will increase the installation cost by an average of $2,000 to $3,000.
In addition to your home size, consider how many people will use the system. More people usually means more demand for heating and cooling, so the system must be able to handle a heavier load.
Larger homes typically require larger heat pumps to properly heat and cool them. For example, a two-bedroom home may require one unit, while a four-bedroom home will likely need two. The number of square feet in the home also matters. A 2,000-square-foot home may need two or three units, whereas a 5,000-square-foot home may require four or more.
In extreme climates, heat pumps may require additional components such as auxiliary heating systems or insulated refrigerant lines to ensure proper performance.
Geothermal heat pumps often provide more efficient service than air-source pumps in these environments. However, geothermal pumps can cost $6,000 to $20,000 more than other pump types. Installing a heat pump in a cold climate such as New York is often pricier because you may need additional components, larger systems, specialized labor, or repair of existing ductwork.
Installing a heat pump typically requires a construction permit. Different local governments require different permits, depending on the project&#;s scope and local regulations. Common permits required for a heat pump installation include electrical and plumbing permits, building permits, and zoning permits.
Depending on the municipality you&#;re located in, permit costs can run as high as $300. Rural areas with a low cost of living may charge less than urban areas where costs are generally high.
Obtaining a permit helps ensure your compliance with local regulations, thus avoiding fines or other penalties.
If you are an avid do-it-yourselfer (DIYer), installing your own heat pump can seem like a good way to save money. However, DIY heat pump installation isn&#;t for everyone and can be quite risky if you lack the correct experience and tools.
Professional heat pump installation means hiring a qualified technician or HVAC contractor who is experienced in installing, repairing, and maintaining heat pumps. A professional installation usually includes connecting the new heat pump to your electrical system, verifying proper refrigerant levels, and ensuring all components are functioning properly and safely.
Hiring a professional gives you access to a wide range of experienced contractors who will troubleshoot any problems that may arise during installation. It also guarantees safety and accuracy. Professional installers will advise you about the best heat pump type and size for your home and offer energy efficiency and cost-saving tips.
However, with these benefits come some possible disadvantages. Hiring a professional means paying for labor, operating according to their calendar, and proceeding at their pace. Professional installation usually takes longer than a DIY project, but is typically more accurate. You can also take advantage of a contractor&#;s guarantee and warranty.
The estimated cost of professional heat pump installation varies greatly depending on the size and type of heat pump, the job&#;s complexity, and other factors such as local labor rates. Professional installation of a basic heat pump can range from $6,500 to $7,500.
Before attempting to install a heat pump yourself, consider the unit&#;s size, its maneuverability, any wiring requirements, and the safety of those involved. Heat pumps are usually very heavy&#;weighing well over 1 ton&#;so having extra sets of hands is always helpful.
Before starting the installation, ensure you have the necessary tools and supplies. This includes electrical supplies, mounting brackets, wire connectors, and ductwork. You&#;ll also need to prep the area for installation and ensure the necessary wiring is present and up to code.
The cost to install a heat pump by yourself depends on the unit type and its size. The price can increase if the installation is complex and you end up enlisting professional help for portions of it. If you&#;re comfortable with the installation process and have all the necessary tools and supplies, a DIY heat pump installation can be an effective way to reduce costs while still getting a quality system.
Remember, you&#;re only saving the $75 to $125 per hour labor charge. You&#;ll still have to pay for the unit, permits, supplies, and other heat pump costs. If you&#;re at all unsure about your ability to install a heat pump correctly and safely, it&#;s best to hire a professional.
Installing a heat pump is an investment, but there are some ways to keep costs low.
: This
tax credit
is a federal incentive that encourages
homeowners
to invest in an energy-efficient HVAC system
. You must complete
Form
with your taxes to apply.
: These pumps are relatively easy to install and don&#;t require major renovations. You&#;ll also avoid installing
ductwork
, saving time and money.
: Contractors will sometimes lower installation prices during spring and fall, when they&#;re less busy. Discounts on equipment and material are also typically offered during slower periods.
: Picking the correct size heat pump will eliminate the need for extra home modifications and materials.
: Different manufacturers&#; products have different levels of quality and efficiency, as well as warranty lengths and customer service support. Research brands thoroughly to ensure you&#;re purchasing the best product for your needs.
Heat pumps are a great way to keep your home comfortable while saving money on energy bills. However, they do require a significant initial investment and should be carefully considered before making a purchase.
We recommend investing in a high-efficiency heat pump for the best long-term savings and value. Depending on your home&#;s size and your local climate, you may want to opt for a larger unit than necessary to ensure year-round comfort. We also recommend a professional heat pump installation to ensure it&#;s done correctly and efficiently.
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You should replace your heat pump when it becomes less effective at keeping you warm in winter and cool in summer. This is typically around the 15-year mark. Have a professional inspect your heater before replacing it.
Heat pump installation cost ranges from $4,000 to $7,500, with an average of $5,500. A more cost-effective installation could be as low as $2,500, or up to $10,000 on the high end.
Despite their initial cost, heat pumps are a great, low-maintenance investment that can provide energy savings throughout the year. Heat pumps also don&#;t have risks for a gas leak, which can expose you to carbon monoxide.
With an energy-efficient HVAC system, you need 30 BTUs for each square foot of living space. A 2,000-square-foot home requires 60,000 BTUs of heat. This is just a general rule. It&#;s always best to consult a professional before investing in a heat pump.
When choosing a heat pump, consider your home&#;s size and layout. How much power does the pump need to heat and cool your living space? If your heat pump is too small, your home will struggle to maintain a comfortable temperature. You should also consider the compressor type, noise, efficiency ratings, and performance in your area&#;s climate.
If you want to learn more, please visit our website Enhanced performance evi heat pump wholesaler.