How Much Can a Heat Pump Cost?
A household heat pump is actually an old invention. But recently, this system has gained popularity as heating and cooling technologies have advanced. Homeowners throughout the United States have found themselves installing brand-new heat pumps to replace both the furnace and air conditioning system. Why pay for two systems when you can have just one?! Furthermore, heat pumps are known for keeping your household cool during the summer, often more efficiently than an air conditioning system. But with a name like heat pump, how is that even possible? We trust you’re curious now, right? Well, let’s dive into heat pump costs and how the heat pump system works. Remember, this is an investment in your home’s comfort and efficiency as well.
Heat Pump Prices
Like any other HVAC system, the cost for a new heat pump varies, and is based on numerous factors. First of all, you must consider the size of your home. The square footage of your household will determine the size of the heat pump required. Typically, an air-to-air system for just one room in the house begins at $500. A whole-house unit can run anywhere from $2,000 to $8,000, including the installation costs. Again, this price varies based on the size of your home and heat pump ratings.
Or, you could opt for a geothermal heat pump, which is an innovative piece of technology gaining ground lately. These systems, also known as ground-to-air pumps, are often more expensive. The entire unit is installed directly in the ground. A single geothermal heat pump unit starts at $2,500 and can rise to $7,500, depending on the model and other key factors. Unlike a regular heat pump, however, that cost does not include installation. You’re looking at more – potentially thousands of dollars.
Heat Pump Installation
With a system like a heat pump, you can’t simply purchase a unit and install the system yourself. It’s just not a do-it-yourself type of job, unfortunately. These systems also utilize refrigerant, which requires a licensed technician to handle. Paying for professional installation is both a requirement and an investment in quality.
The installation itself will take most of a day. The time frame depends on the size of the pump and the complexity of the job. Still, you’re paying for quality. By hiring a professional, you will ensure that your new heat pump works year-round without a hitch.
Why a Heat Pump?
So, why should you choose a heat pump? Well, there are actually numerous advantages to using an innovative heat pump in the home, including:
- Operating Costs – To operate a heat pump, you’re looking at less money spent per year compared to other similar systems.
- Maintenance – A heat pump requires less maintenance, and an inspection once every 3 to 5 years.
- Safety – A heat pump uses a safe combustion-based system to heat your home.
- Lifespan – Today’s top heat pumps can last up to 50 years!
- Cooling – Besides heating, a heat pump also provides cooling capabilities during the summer.