Heat Pump Guide. You don’t have an option here. When extras such as ductwork modification, a new thermostat, zoning controls and other changes are included, the price can approach $10,000. Want to know how much you can save by switching to natural gas? Geothermal and solar tend to cost the most at $6,000 to $40,000. If one of them fails while under warranty, the entire outdoor unit is replaced. If your contractor tells you no permit is needed, we recommend verifying it with your local building department. Cost increases for larger heat pumps and when additional components are also replaced. Some brands offer unit replacement coverage on the compressor and outdoor coil. Furnaces, which are typically installed indoors, can take up a lot of … Most people installing a ground source heat pump can expect to pay between $10,000 and $30,000 dollars for the system; air source heat pumps, on the other hand, cost between $3,500 to $5,000 per indoor head for ductless systems and between $12,000 to $20,000 for central, ducted systems. Ground-source systems, also referred to as geothermal systems, offer extremely high energy efficiency, but include higher up-front cost of installing the underground loop system. GSHPs cost anything between £11,000 and £15,000. Your local HVAC wholesaler won’t sell you refrigerant without the certificate. The cost of installing a split-ductless heat pump with multiple indoor units can be higher than other systems, but federal and other incentives can defray the initial installation cost. Required fields are marked *. (Provide a Brief Title About Your Project, Repair, Remodel, etc), (Used so others in your area can compare). However, relying on air source heat pumps as your sole source of heat in colder climates can be trickier because certain heat pump technologies don't operate as efficiently in sub-zero temperatures. Free Estimates | Privacy and Terms of Use | Contact Us | About Us, © Copyright HVAC Guides LLC, Charlotte NC | Heat Pump Prices Guide. Note: We’ve had several people ask us if you MUST buy a complete heat pump system, and in most cases, the answer is yes. Our old heat pump system failed after 14 years. Others use hourly rates to create estimates. A gas water heater, for instance, costs about $350 to run in a year, less than the price of conventional oil at around $600. If you’re using the heat pump to produce DHW as well, your running costs will increase . Replaced old unit with a 3-ton Amana 16 SEER heat pump system. Hybrid heat pumps consist of two components - a heat pump, which cycles refrigerant between an outdoor compressor and an indoor air handler, and a standard forced hot air gas furnace. Most people installing a ground source heat pump can expect to pay between $10,000 and $30,000 dollars for the system; air source heat pumps, on the other hand, cost between $3,500 to $5,000 per indoor head for ductless systems and between $12,000 … Heat pumps must have a SEER ratings start of at least 13 (14 in southern states). Work included capping gas line… glad I am off propane and not see those crazy bills! One located in the attic (air handler) and one outside. Because this is a significant expense, one of the costliest home repairs, it’s important to consider the options where you have them. Both indoor and outdoor units. On the other hand, if you replace your system when they are slow, the cost can be considerably less. Except rare cases, pros include all materials, equipment, permits and labor in the project bid. Compare prices on 181 products from Mitsubishi Electric, Panasonic, Fujitsu and more. Replaced eleven year old Trane heat pump that had two failed compressors. We do however, recommend it 100% of the time, especially if the system is older than 7 years. If used and installed correctly, they can save you … Usually, v ertical collectors go down to as much as 100m or more, depending on the geology of the area and how much heat you require. It provides you air conditioning, heating, ventilation, and dehumidification. Check out the heat pump comparison guide of the best models for 2016 and 2017 and save time and money when selecting the best product for heating and cooling your home. However, this comparison table will give you the most precise picture of each pool heat pump’s unique features and specifications to find the best pool heat pumps among the market. Find out more. Compared to all other common forms of heating, a heat pump is the most energy efficient and cheapest heating system to run. Heat pumps function as an air conditioner when things get hot and a heater when it’s cold. If yours has failed in the heat of the summer when all contractors are busy and don’t need the work to stay busy, the price will be higher. Check here for up-to-date and regional pricing. Cost per 1000 BTUs for Home Heating Oil, Natural Gas, Electricity, Firewood, Propane, Pellet Stove Fuel Comparing heating system efficiencies; other heating cost factors. Both were done in less than a single day of installation. The best warranty coverage is often on the most expensive units. These are direct replacement prices. Heat pump systems, just like central air conditioners and other major home appliances, come in several different efficiency ratings which are measure in SEER for cooling, and HSPF for heating your home. At present, t he re are two types of collector pipe loop, horizontal or vertical. We got a full 10 years out of our last unit, which was also a Goodman heat pump. The benefit is that it includes an inspection to ensure the work is done safely for your protection. Ground source heat pumps are the most expensive of the heat pump systems. I could have switched to a hybrid heat pump but wanted to get off of propane all together so I had other cheaper options like switching to hybrid (energy efficient heat pump) but elected to go with 4 ton Carrier 25VNA8 18 SEER heat pump,infinity variable speed coil, 20kw heat strips, infinity touch wifi, media air filter. They adjust that rate based on the time and materials they estimate will be needed given the complexity of the work and other factors. You can also modify price and efficiency assumptions. There are plenty of differences between the mentioned pool heat pumps. I like that you mention how the fastest installation method is direct heat pump replacement and certain factors, such as the location, can determine how difficult it will be. Indicative running costs of home heating options. Note: For the purpose of this heat pump price list, we are including a complete unit with the following equipment: 14 SEER Heat Pump Condenser, Air Handler Fan Coil, Electric Heat Strip, (Backup heat) 7-Day Programmable Thermostat, and a New Copper Line-set. Rheem, Ruud, Goodman and Amana are among the brands with poor repair records while American Standard and Trane ranked highest. The low cost is $4,125 with a high cost of $8,200. Replaced 10 year old builder grade York with a 3 ton Trane XR15 heat pump and new air handler. And your home may not feel comfortable. Average cost to install a dual fuel heat pump is about $8,500 (3-ton heat pump with a 120,000 BTU gas furnace with minor adjustments in installation). Many homeowners get sticker shock when they get heat pump replacement cost estimates. I won’t say that its required 100% of the time since you may have a component fail prematurely and can get away with just one main component being replaced. Built for maximum efficiency, its heat pump can produce heat at a rate of 9000 up to 36,000 BTU per hour. However, you will be able to claim the vast majority of this back from the Renewable Heat Incentive (subject to performance). There are three types of heat pumps: air-to-air, ductless mini … Geothermal heat pump cost comparison reveals that Geothermal Heat Pumps are the most energy efficient form of heating and cooling one's home! They are lowest in the rural Midwest and South. UK Heating Cost Comparison. We love to receive heat pump system pricing from our visitors! Heat pumps are more efficient at heating your home when the temperature outside is at least 30 to 40 degrees F. They are also very cost-effective, producing up to 300 … HeatPumpPriceGuides.com is a consumer price guide dedicated to helping homeowners learn about heat pump prices for their home hvac systems. Though the gas boiler is most expensive to buy at $3,500, the heat pump has the highest installation cost of $4,000, which nudged it to the top of the pile in terms of overall initial cost. ; Click here for an annual cost comparison chart using default values from the calculator above. Two-stage and modulating compressors cost more, but are quieter and used in heat pumps that are more efficient than single-stage models. All of these air source heat pumps are highly efficient, which makes them particularly hard to split and … Ground and air source heat pump running cost. 365 X 12.03 ÷ 2.0 X $0.0842 = $185 … You will also need to replace the evaporator coil in your air handler or furnace with one that matches the capacity of the new heat pump.