Installing a heat pump will save you money, especially on future energy bills. It is best to speak with a local contractor to see if you need this type of heat pump for your home or if you could install a cheaper option that would work just as well. Geothermal heat pumps are the most expensive heat pump installation and can cost up to $22,000 to install due to added land excavation costs. Geothermal heat pumps are better suited for bigger homes that need a heating and cooling unit that can perform at maximum capacity for a large home. If you were to install a multi-zone ductless heat pump system with 4 different air handler units (AHU), you could expect to pay around $10K to install four units.Ī ground and water source heat pump, also known as geothermal heat pump installations, are another option for heat pump replacement. Ductless heat pumps can offer full home air conditioning with multiple zone units installed in different rooms throughout the house. They are perfect for homes that have no ductwork installed. The cost to install a ductless heat pump can range from a low cost of $1,800 to a high cost of $7,542 for the average size single story home. Many homeowners choose to use a heat pump in combination with a central ac unit or furnace since they are much cheaper to operate and only utilizing your furnace during times above average cold temperatures.ĭuctless mini split heat pumps are set up similar to a regular air source heat pump with an outside compressor unit and inside air handler that helps maintain your home’s temperature. They are often suited for climates that are found in the Northeast and Midwest regions. They are great for reducing your home’s heating costs compared to similar heating units such as a gas or electric furnace. They use the same vents and ducts that a furnace or central air conditioner would use. Total installation of a ducted central air source heat pump system can cost between $10,500 and $18,975.Īn air source heat pump has an indoor air handler unit and also an outdoor heat pumping unit. An air source heat pump on average will cost between $3,625 and $5,200 for each indoor air handler unit you plan to install in each room (or zone). Air Source Heat Pump CostĪir-source heat pump systems are the most common option a homeowner will choose to install in their home if they currently have ductwork in place. If you need help deciding which type of heat pump to install talk to one of our local heat pump installation contractors today. It is a good frame of reference that many heat pumps will need help from an alternate heat source if your area’s winter temperatures regularly drop below 32 degrees Fahrenheit. Each heat pump is suited for a particular home’s heating and cooling needs discussed below. These are air source heat pumps, mini-split ductless heat pumps, and also the more expensive geothermal heat pump. There are three main types of heat pumps to choose from depending on your home’s needs. The evaporator and air handler – are part of the inside air handler unit. The condenser, compressor and reversing valve – make up the outside unit. Here are the main parts of a heat pump that make up this HVAC system: Areas of the country subjected to prolonged winters and subfreezing temperatures are not ideal for this type of system. Heat pumps are most popular in southern regions where winters are mild and the summers are hot. They provide not only heat to a home, but can also can be used to cool a home and control humidity. Heat pump systems offer an efficient alternative to central air conditioners and other heating systems by providing conditioned air at approximately one quarter of the cost. Heat pumps move heat rather than generate it, so they can heat and cool for significantly less cost than other systems, such as furnaces and central air conditioners During the heating season, a heat pump works by moving heat from the cool outdoors into your home then during the cooling season, it transfers heat from your house to the warm outdoors. They also provide air conditioning and humidity control. Time of Year Installed (more expensive during busy seasons)ĭespite their name, heat pumps do a lot more than heating.Price of the Unit and Additional Materials Needed.Local HVAC Permit and Installation Fees.Home Size and Square Footage of Cooling Area.If Ductwork Installation or Replacement is Required. Average Local Labor Costs in Your Area (cheaper in rural areas usually).However, if you are using a heat pump as your main heating and cooling system then these things will all affect your overall installation costs: If you only need to heat a few areas of your home you will save money on in house air handler unit material costs. The total installation costs of your new home heat pump will depend largely on a few main factors. What Factors Affect Heat Pump Installation Cost?
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