Heat Pump Cost

Heat pumps are quite useful devices. They are electrical devices that extracts heat from one place and transfers to a different place. The technology that is being used in heat pumps is not a new one, they have been used for quite some time now in appliances like refrigerators and air-conditioners. Heat pump transfers heat by circulating a substance called refrigerant through the cycles of evaporation and condensation. A compressor pumps the refrigerant between the two heat exchanger coils. The best thing about heat pumps is that their cycles are completely reversible, as a result of which they can provide a comfortable climate throughout the year which means they provide heating in winter and cooling and dehumidifying during the summer season.

As far as the price of heat pump is concerned, it has been seen that its price is comparatively lesser than that of furnaces or air conditioners. Moreover it is not only less priced the span for which is lasts is also longer. On an average an air-to-air system in a 1,600 square feet house with forced duct systems will be priced around $6, 000 while a similar system that uses baseboard heaters will be priced around $5,500.

Disclaimer: Although the above rates are typical average rates that can be seen across USA, they can vary in certain areas depending upon city and the variables associated with each individual project.

However, there are a lot of factors that determines the cost of heat pumps. Some of the prominent factors are the following:

The most important factor that determines the cost of a heat pump is the size of a home. The bigger the home, more is the price and vice versa. As bigger houses will have more heating and cooling requirement, the pump also needs to have a higher capacity. Hence, the price will also be more. It is recommended that one should never compromise on the right size of the pump because of high price because the amount you save as part of the price will soon be spent on higher energy costs.

Besides there are other factors as well that play a crucial role in determining the price of a heat pump. They are the following:

The type of heat pump: The cost of the heat pump can vary from one another depending on its brand, kind, and capacity.

The installation of the heat pump also adds to the overall price of the system. It includes the installation, area, planning, and the labor cost. Sometimes the price is all inclusive of the cleanup of the area that is required after the installation of the heat pump.

Materials and supplies are an important price determinant of heat pump. For example, the material and the supply costs is much higher for ground source heat pumps, because of the pipe installation that is required.

The installation cost becomes even higher when additional equipment is required like the pipe cutters and the brazing kits.

On an average a customer spends between $700 and $2,800 for a medium quality heat pump. However, this does not include labor cost or any other costs, it is just the price of the system.

Disclaimer: Although the above rates are typical average rates that can be seen across USA, they can vary in certain areas depending upon city and the variables associated with each individual project.

Last but not the least, it is recommended before finalizing on a particular heat pump one should take quotes from numerous contractors in order to get the best deal.

 

 

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