Years ago, heat pumps were only truly efficient in warmer climates, but as heat pump technology has improved over Plumber Cape Coral, FL the years, these devices are now an efficient way of heating homes across most temperate zones. In fact, today’s heat pump may reduce your electricity bill by nearly 50% when compared to furnaces and baseboard heaters.
There’s no better time to install a new heat pump in your home than when you are not depending on it to keep your interior warm. That’s why you’re reading this, right? Read on for our breakdown of how much heat pump installation costs based on different types, brands and location.
Heat Pump Installation Cost
While heat pumps are less expensive to operate than furnaces—especially in areas that do not get very cold in the winter—the initial price of installation can be costly. The cost of installing a heat pump ranges from $4,000 to $7,500 with the national average 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.
Your individual cost for heat pump installation may vary and is based on a number of factors. Read on to see what affects the cost of heat pump installation.
Factors That Affect Cost of Heat Pump Installation
Like any kind of HVAC system, a heat pump must be scaled appropriately to the size of your home. A multi-room home will need a much larger unit than a small one-bedroom house might. The size of a heat pump is also measured in part by its capacity, which is calculated in tons.
The tonnage of heat required to warm your home will change the cost of your heat pump, with smaller size units outputting around two tons and larger units up to five tons. A two-ton heat pump will cost between $2,500 and $5,000 while a 5-ton unit can cost from $6,000 to nearly $10,000. Note that this does not include the cost of installation labor.
Type
The type of heat pump itself also affects cost. The three most common types of heat pumps are air-to-air, water source and geothermal. All three types use duct systems to transfer warm air into your home. Ductless heat pumps also exist for homes without duct systems. These air-source heat pumps are called mini-split heat pumps and make a good retrofit add-on for room additions, ADU’s and other tiny houses.
The cost difference between different types of heat pumps could be in the thousands of dollars.
Efficiency Rating
The efficiency rating of a heat pump is another major factor affecting the cost of installation. The two metrics which measure heat pump efficiency are the Heating Seasonal Performance Factor, or HSPF, and the Seasonal Energy Efficiency Ratio, or SEER. HSPF measures the heating efficiency over the heating season, while SEER measures the cooling efficiency over the cooling season.
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