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High Efficiency Heat Pump Price Guide

A homeowner’s heating and airing source is all about efficiency. Efficient HVAC systems, whether it be window units, furnace or heat pumps, will keep you comfortable at night and your utility bills now. A great way to manage both goals and not break the HVAC budget sis by installing a high-efficient heat pump. After reading our material cost guide below, you too will see all the benefits that come with it.

The Costs 

  • The average minimum cost of a high-efficiency heat pump is $1,880.

  • The average maximum cost of a high-efficiency heat pump is $3,200.

Costs of Installing A High-Efficiency Heat Pump

In addition to the cost of the high-efficiency heat pump unit itself, there will be additional costs to a homeowner undertaking this project. Supplies such as lubricants and fittings add an average of $105 to the total project cost. The labor cost to install a high-efficiency heat pump averages $70 per hour. A high-efficiency heat pump takes six to 10 hours to install. If an old heating system is being removed, this can add to the labor costs, and disposal fees for the old unit may also add to the overall cost. Some communities may charge a permit and inspection fee for the installation of a heat pump. If a home does not already have duct work for delivery of the heated or conditioned air, this also adds to the project cost for both materials and labor.

Material Types

There are three main types of high-efficiency heat pumps used in residential and commercial buildings. These include the following:

  • Air Source Heat Pump: This is the most common type of high-efficiency heat pump. During the cooling season, heat pumps move heat from the cool house into the warm outdoors. In the cooling process, humidity is also removed from the air, so a separate dehumidifier is not needed. This system requires air ducts to deliver the warmed or cooled air.

  • Mini Split Heat Pump: These pumps are similar to air source pumps but do not require any duct work within the structure.

  • Geothermal Heat Pump: These pumps move heat between a building and either a source of water or the earth well below the topsoil. They are more efficient than air source high-efficiency heat pumps but also have higher installation costs.

Advantages of High Efficiency Heat Pump

There are many advantages to selecting a high-efficiency heat pump to warm and condition the air for a home or business. Since 2010, heat pumps have utilized an environmentally friendly coolant, R-410A, which does not deplete the ozone layer like Freon. A high-efficiency heat pump uses less electricity to operate than an air conditioner or electric furnace. With a heat pump, there is no risk of carbon monoxide leaks like there is with a gas furnace.

Because heat pumps can both cool and warm a structure, there is no need for separate heating and cooling systems, and mini split high-efficiency heat pumps can be used in homes and buildings without duct work. High-efficiency heat pumps can be set up to create separate climate control zones within a building so that just part of the square footage is warmed or cooled, thereby saving on energy costs. In some cases, property owners may be eligible for a tax credit for installing a high-efficiency heat pump that meets SEER rating requirements for environmentally friendly heating and cooling equipment.

Disadvantages of High Efficiency Heat Pump

While there are many advantages to high-efficiency heat pump systems, there are some disadvantages. When temperatures drop below 15 degrees Fahrenheit, even the best pumps become less effective at warming a building. The warm air moved into a building during the winter is not as warm as the air generated by a furnace and may feel cold to some people.

Geothermal heat pumps require specific soil and space for installation. The upfront installation costs of geothermal heat pumps may also be prohibitive to some homeowners.

Overall, a high-efficiency heat pump provides a cost-effective way to move warm or cooled air into a home.

Last updated on May 17, 2016

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