Heat pumps have unarguably been found to be energy efficient as they offer both heating and cooling features. In more recent times, there has been an increase in the rush for the same over traditional heating and cooling systems. Different heat pumps come with features all of which determine their costs.
For someone who has no idea about the pricing and cost of installation, it would be a great deal if you continue reading this article.
Types of Heat Pumps
One biggest factor that determines the installation and cost of a heat pump is the type of heat pump. These different types come with varying features, benefits, and drawbacks that influence and affect their pricing, installation, and costs.
Air Source Heat Pump
The air-source heat pump traps air from outside in the refrigerant and compresses it. This hot air is thereby sent through ducts connected to every room in your house, thus warming your home. Even in cold climates, the air-source heat pump can extract heat from the ambient air outside your home and turn it to heat for your home interior.
Ordinarily, an Air-source heat pump is expected to last less than 20 years without much maintenance requirements. This saves homeowners substantial money on energy bills.
Air-source heat pumps are very affordable to install as long as the ductwork is already installed in the house. Averagely, the cost of a unit ranges from $3,500 to $7,500 per installation.
Geothermal Heat Pump
Geothermal heat pumps to heat and cool a building using the constant temperature of the earth. This is then stored in an underground loop of pipes called a heat exchanger. Temperatures are then sent to the indoor unit, which treats the air and sends it out through the duct in the house.
These systems are very effective for those who want to save more on their energy bills as the heat pump requires minimal energy consumption.
However, the effectiveness of geothermal heat pumps, in the long run, the startup cost is quite expensive. This is due to the extensive work required for installation. Because of making use of heat from the ground, the pipes are laid in dug-out trenches at least 4 feet beneath. The labor for this varies depending on how deep the pipes are going to be.
The price average is between $13,000 to $36,000 for both installation and the unit cost.
Ductless Mini Split Heat Pump
Ductless mini-split heat pumps are set up like a regular air source heat pump with an outside compressor unit and inside air handler that maintains a building temperature. These smaller indoor units in each zone are connected to an outdoor unit.
The ductwork in HVAC systems often time causes a loss of energy during operation especially if the ducts are in an unconditioned area such as the attic. This is the problem ductless mini-split heat pumps came to mitigate.
They are very ideal for homes small in size and with fewer conditioning zones. And also with homes that haven’t had ductwork installed.
The installation is quite simple and doesn’t require much labor work. Prices are estimated to be around $1,500 and $5,000. The cheapest types of heat pumps.
Other factors affecting the cost and installation;
- Size: This is the size of the heat pumps being proportionate to the size of your home. The size of heat pumps is measured in tons and often ranges between 2 to 5 tons.
- Brand: brand quality is essential to the cost of heat pumps. Many brands offer different ranges of units at different prices from cheaper, lower quality to expensive high-quality systems.
- Seasonal Energy Efficiency Ratio (SEER): this is an efficiency rating that each manufacturer discloses to help homeowners choose the most efficient and sustainable units for their homes. The SEER number shows how efficiently a heat pump cools a home. Ratings range between 14 and 24, with the higher number always being the most efficient.
- Heating Seasonal Performance Ratio (HSPF): This is similar to SEER, but this metric is used to measure the efficiency of how the heat pump heats a home. Rating in the market falls between 8.2 and 13, also the highest number being the most efficient.
- Installation: the labor required for the installation of different types of heat pumps determines the installation cost.
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