Heat pump price 2023 | Installation and replacement prices (2023)

Cost of installing a heat pump

Cost of installing a heat pump3.800 bis 8.200 US-Dollaraveraged by size, type, efficiency and brand. There are additional costs for the hybrid oven (+ 2.000 – 6.000 $), installation of channels (+ 2.400 – 6.600 $) or replacement air handling unit (+ 2.000 – 3.500 $).

The prices for heat pumps are800 bis 4.500 US-Dollarfor the equipment and1.200 bis 3.500 US-Dollarfor assembly work.

Average price for installing a heat pump

• It provides heating and cooling and can replace traditional plumbing systems or be installed as a hybrid with a stove

• Reduces utility bills by $300-$1,500 per year and saves 30-70% on energy bills

• The energy savings pay for themselves within 5 to 12 years

• They are two to three times more efficient than ovens

• It uses electricity and produces no carbon monoxide. No gas lines or ducts are required

Price for new heat pump per type

A new heat pump costs800 bis 4.500 US-Dollaronly for the device$2,500 to over $10,000with installation. Heat pump prices depend on size, system performance, brand and sources (air-air, water-air, geothermal, dual-fuel, mini-split).

Air source heat pump cost

Cost of air source heat pumps4.000 bis 8.000 US-Dollarinstalled, depending on size and brand. Advanced brands like Trane or Lennox cost money6.000 bis 12.000 US-DollarFurnished.

Air source heat pumps (ASHP) take heat from the air and release it into the home as hot air or water. Two-way systems work in reverse and cool in the summer.

ASHP or airborne heating systems are the most common choice for homes that already have ducts and plumbing in place. An air source heat pump:

• The service life is more than 20 years and the maintenance is low

• Can be installed with duct, short or without duct

• Reduces energy consumption by up to 50%

geothermal heat pump price

INGeothermal heat pump cost15.000 bis 35.000 US-Dollarinstalled depending on size, type of facility, excavation, drilling and manpower. The cost of the ground loop and the heat pump$4,000 to $8,000 excluding VAT tonsto install. A ground source heat pump (GHP) or ground source heat pump (GSHP) transfers heat to or from the ground.

Although the initial cost is high, GSHP systems pay for themselves in energy savings within 5 to 10 years. A geothermal plant:

• Saves up to 70% on heating bills and 20-50% on cooling bills compared to traditional HVAC systems

• Lasts 15 to 25 years and ground loop components last over 50 years

• Eligible for a 30% federal labor and equipment tax credit

• It causes 60% less greenhouse gas emissions

  (Video) How Much Does a Heat Pump Cost?

• It requires less maintenance and repair costs

Price for ductless mini split heat pump

INCost of ductless mini split heat pump3.000 bis 10.000 US-Dollarinstalled depending on system size, number of zones and brand quality. The average unit cost in a zone1.500 bis 3.500 US-Dollarinstalled, while 5-zone systems cost10.000 $or more.

Mini split systems look like a regular air source heat pump with an external compressor or condenser and one or more indoor air handling units. A mini split heat pump:

• Provides zone heating and cooling for up to eight zones without ducting

• It loses 30% less heat than a duct system

• Reduces dust and airborne allergens

• Works in temperatures down to -22°F (some models)

Cost of Cold Air Heat Pumps

Cost of Cold Air Heat Pumps3.000 bis 7.000 US-Dollarfor basic device with installation. Cold climate heat pumps (ccASHP) are ductless mini-split systems with high energy efficiency. To qualify, a ccASHP must have an HSPF rating of 10 and a COP of 1.75 or higher at 5°F.

• Cold air heat pumps are also compatible with dual fuel systems to further reduce heating costs.

• ccASHP systemsSave 30 to 50% annuallyon electricity bills compared to a traditional oven.

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Dual fuel or hybrid heat pump price

Cost of a hybrid or dual fuel heat pump2.500 bis 6.000 US-Dollarinstalled in a home with an existing furnace. The average price for a new heat pump and stove is4.500 bis 10.000 US-Dollar. Hybrid systems use a gas or oil stove for supplemental heating when the heat pump break-even point reaches 32°F.

Is a dual-fuel heat pump worth it?

• Ideal for homes in cold climates that already have ducts installed

• Hide$200 to $400 per yearlower running costs compared to a combination of air conditioning and furnace

• Works more efficiently in cold climates than a heat pump and air handling unit with built-in electrical resistance heating strips

• Less efficient than geothermal heat pumps, but half the price

solar heat pumps

Cost of solar heat pumps15.000 bis 30.000 US-DollarFurnished. Solar heat pumps (SAHPs) use thermal solar panels to meet part of the electricity demand or to recover energy by heating an intermediate liquid to feed the heat pump's evaporator.

A SAHP is usually a single integrated system, but the solar panels can be installed separately.Cost of installing solar panels10.600 bis 26.500 US-Dollarfor a 6 kW to 12 kW system. ACost of solar water heater2.000 bis 5.500 US-Dollarinstalled and can be configured to work with a heat pump.

Solar heat pumps:

• They are compact and easy to install, but expensive upfront

• Running costs 40% less than a mains-fed heat pump

• It costs 70% less to run than natural gas, oil or propane for heating

Replacement of the heat pump

Replacement of the heat pump2.500 bis 7.000 US-Dollarif you already have a ventilation system and ducts and only need to replace the heat pump. There are additional costs involved when converting from an old furnace to a new heat pump or when a new air conditioner is required.

Cost of replacing heat pump and air handling unit

The average cost of replacing a heat pump and air conditioner is5.000 bis 12.000 US-Dollar. Cost of installing a new sewer system2.400 bis 6.600 US-Dollaronly.

ReinstallAirline costs1.500 bis 3.400 US-Dollaronly dependent on the assessment of competence and efficiency.

Air conditioners circulate conditioned air throughout the home using a single, multiple, or variable speed motor. The air handling unit contains an internal coil, a fan, a control panel and an additional electric heater. The size of the coils is matched to the capacity and performance of the heat pump.

Prices for central air conditioning and heat pump

Replacing a one-way central air conditioner with a two-way heat pump costs money4.000 bis 8.000 US-DollarAverage. Installing a heat pump costs more than an air conditioner. A heat pump heats and cools a home, eliminating the need for a separate air conditioner.

Cost of removing old air conditioner300 bis 500 $.

Cost of replacing an oil or gas stove with a heat pump

The average price to replace an oil or gas boiler with a heat pump is4.000 bis 12.000 US-Dollar. This price includes the removal of the old oil or gas boiler150 bis 400 $or removal of underground oil tanks400 bis 3.500 US-Dollar. A cheaper option is to convert the furnace into a backup heat source.

Replacing the oil hot water tank, installing a new air conditioner, replacing the piping and modernizing the electrical panel to support the heat pump can all entail additional costs500 bis 5.000 US-Dollarin the final costs.

Prices for heat pumps for caravans

Cost of heat pumps for caravans3.000 bis 6.000 US-Dollaron average for equipment and installation. Mobile homes have small ducts and less insulation, which affects heat pump efficiency, SEER ratios and required size. Look for heat pumps that are specifically designed and rated for caravans.

Cost factors for installing a heat pump

The cost of installing a heat pump depends on the size of your home, local labor costs if the home has ductwork, the type of HVAC you have, auxiliary heating, permits, and other materials needed.

Labor costs for installing a heat pump

The average labor cost to install a heat pump is1.200 bis 3.500 US-Dollar, depending on size and type.Wage rates for heating, ventilation and air conditioningIs$75 to $150 an hour, where the average installation of a heat pump is required15 to 25 hours.

Labor costs increase for replacing ducts or vents, installing a concrete base to support the system, installing heating strips, cutting holes in exterior walls, running new electrical wiring, or removing an old heat pump or furnace.

Cost of installing the heat pump and ducts

The average cost of installing a heat pump and plumbing is5.000 bis 15.000 US-DollarDepends on the size of the house, the number of floors and the quality of the line.Cost of replacing or installing new duct systems1.400 bis 6.600 US-Dollaronly on average.

Installing a central air duct system costs less for new builds or additions. Short-term duct systems are cheaper, but only run through part of the house.

Replacement cost for electric heat pump

Cost of electric heating tapes$150 to $600 eachis installed and provides backup heating and emergency heating when the temperature drops below freezing. Many heat pumps have built-in heating tapes that provide 10,000 to 70,000 watts of additional heat.

Electrical resistance heaters must be presentat least 70%the heat provided by the heat pump.

Cost of high-efficiency heat pumps

Cost of high-efficiency heat pumps6.000 bis 12.000 US-Dollarinstalled for units rated above 18 SEER and 10 HSPF. ENERGY STAR recommends a minimum efficiency of 15 SEER and 8.5 HSPF for heat pumps.

Performance rating of the heat pump

SEER, HSPF and COP values ​​describe the performance of a heat pump. The higher the number, the higher the performance and cost.

• PROPHET(Seasonal Energy Efficiency Ratio) – measures cooling effect divided by power draw.

• HSPF(Heating Season Efficiency Factor) - measures heating efficiency for electricity consumption in an average heating season.

• POLICE OFFICER(Efficiency) – measures how much more efficient a heat pump is than electric resistance heating. Most air source heat pumps have a COP of 2.4 to 4.0 depending on the outside temperature and ground source heat pumps average 3.1 to 4.1 COP.

• audio rating– measures how loud a heat pump sounds in decibels. A lower rating is quieter.

Heat pump type and power

Heat pumps are available in split, package or mini-split systems with different performance levels. The most efficient heat pumps use variable speed fans and two-speed compressors.

• Extinguish– The most common type found in residential homes is a split heat pump system with an outdoor condensing unit connected to an indoor air supply unit.

• Package– In large commercial buildings, it is more common for packaged systems to have an outdoor cabinet installed that contains both the condenser and the air handling unit. It takes up less space. Easier to install.

• Mini-Split– Ideal for small homes with no ducts or for large homes that are difficult to retrofit. Requires an indoor air treatment system for each zone.

Cost of heat pumps per site

Average installation costs vary slightly by location:

Additional installation costs

Additional items may be required for installation:

Heat pump prices by brand

Brand determines quality and unit price, but does not affect labor costs. Brands range in price from budget to premium depending on their reliability, features, efficiency, performance and durability.

The best heat pump brands

According to third party reviews and tests, the top heat pump brands are Lennox, American Standard, Trane, Carrier and Bryant. These companies make premium heat pump systems that last up to 50% longer than cheap brands.

Which heat pump size do I need?

Heat pumps range from 1.5 tons (18,000 BTU) to 5.0 tons (60,000 BTU). The required size depends on the square footage of the house, age, insulation and climate zone. The table below is a general guide to the required heat pump size.

• The cooler is dimensioned for a capacity of approx400 to 700 square feet per ton. Systems in newer, well-insulated homes or homes in cold climates cover more square feet per ton and require fewer BTUs.

• Heat is measured in British Thermal Units (BTUs), which is requiredca. 30 bis 60 BTU. quadratfod, depending on the climate zone. The BTU requirements increase with it10 % bis 30 %for houses in warmer climates (above 30°C) or with high ceilings, multiple occupants or poor insulation.

Additional heating is usually required when the equilibrium point is below 32°F. The maximum heat pump size should be 25% over the required BTUs. Otherwise, an oversized heat pump can often shorten the cycle, reducing the efficiency and lifespan of the unit.

Manual J and manual calculation S

Manual J and manual S calculations are the professional way of sizing a heat pump.

• Manual JDetermines heating and cooling loads based on home size, age, insulation, number of doors and windows, climate zone, number of people occupying the space, and more.

• instructionshelps to choose the right equipment such as ducts and air handling units.

Otherwise, the easiest way to size a heat pump is to use the capacity of the existing system for the replacement unit.

Operating costs of a heat pump

A heat pump costs$0.20 to $0.50 per hourto operate, depending on the type and local electricity costs. Running a heat pump costs money$40 to $160 per monthor something like that$500 to $2,000 per yearDepending on the climate zone, the insulation of the house and whether the system has a backup heat source.

A heat pump uses 2 to 3 kW and will typically run 60 to 70% of the 24 hour period when the outside temperature is 20°F. In southern temperate states, these systems work less.

An additional heating strip increases the power by 3 kW to 25 kW, which drastically increases the operating costs. A cheaper variant of auxiliary heating is to use a water battery with heat from a water heater.

Do heat pumps save money?

Heat pumps save money300 bis 1.500 US-Dollarfor annual energy costs. heat pump costs40 bis 160 $run on a monthly basis, which significantly reduces electricity bills30 % bis 70 %in the heating and20 % bis 50 %for cooling costs. The energy saving of the heat pump is between3,000 and 10,000 kWh per year.

For additional savings:

• Install a heat pump with defrost demand control to minimize defrost cycles and reduce the additional energy consumption of the heat pump.

• Strategically place a bush or fence over the coils to protect the unit from high winds, thereby protecting the unit's defrosting ability.

Are heat pumps worth their price?

Heat pumps also reduce your electricity bill$300 to $1,500 per year,saves 30 to 70% energy costs. Heat pumps are two to three times more efficient than stoves and pay for themselves in energy savings inside5 to 12 years old. In addition, heat pumps are inexpensive to operate, which is well worth the price.

Heat pumps for laundry

Heat pumps are energy efficient for running appliances like water heaters and dryers. Adding a superheater to a geothermal heat pump is expensive250 bis 800 $and can supply hot water to a swimming pool, shower or other household appliances.

heat pump, water heater

A hybridCost of water heater with heat pump1.500 bis 4.400 US-DollarFurnished. These systems work three times more efficiently than electric water heaters, saving you money250 bis 500 $yearly.

pool heat pump

BadenPool heat pump cost2.000 bis 6.000 US-DollarFurnished. A pool heat pump takes heat from the outside air and transfers the heat to the cooler pool water, which circulates through the heater. Heat pump pool heaters operate effectively when outside temperatures remain above 45°F.

Heat pump tumble dryer price

A heat pump dryer costs700 bis 1.700 US-Dollarinstalled and used30% to 40% less energythan a conventional electric dryer. Although the initial cost is higher than traditional dryers and heat pump unitsSave $0.20-$0.40 per chargeDie$75 per yearfor a family of four.

Advantages and disadvantages of the heat pump

Advantages of a heat pump

• single device– A device heats and cools. It takes up less space than stoves and boilers.

• energy efficiency– Uses 30-70% less energy for heating and 20-50% less energy for cooling, reducing electricity bills.

• Environmentally friendly– Consumes less energy and produces no carbon monoxide.

• Versatile– Easy to install, reasonable repair costs and available for homes without gas or propane.

• Wert– Fast ROI that translates into energy savings within 5 to 12 years.

• wren- It doesn't dry the air, it circulates. Channels do not freeze. Non-air duct models reduce airborne allergens.

• secure– Safer than using gas. There is no risk of gas or carbon monoxide leakage.

Disadvantages of a heat pump

• Half the life of an oven. Heat pumps last 10 to 15 years, while a stove lasts 20 to 30 years.

• They tend to be more expensive to operate than gas ovens, especially in cold climates.

• Higher initial cost and more maintenance than gas ovens and boilers.

• Additional electric heating is usually required when the equilibrium point is below 32°F.

• Very large homes may require more than one pump.

Heat pump rebates and tax credits

There are federal tax credits and refunds available that can save you up to $2,000 on a heat pump installation:

• Federal tax credits for renewable energy

  • For solar and geothermal heat pumps

  • 30 %for systems installed before 01/01/2033

  • 26 %for systems installed after 12/31/2032 and before 01/01/2034

  • 22 %for systems installed after December 31, 2023 and before January 1, 2035

  • Expiry: December 31, 2034

• Federal equipment tax credit for essential dwellings

  • $300 tax crediton ENERGY STAR certified air source heat pumps.

• Discounts for utilities

  • Some electricity suppliers offer discounts400 bis 1.000 US-Dollarinstall a heat pump.

• manufacturer discounts

  • Various manufacturers offer discounts300 bis 800 $install a heat pump.

Frequently asked questions about heat pumps

What is a heat pump?

A heat pump uses electricity to transfer heat from a cool area to a warm area. Heat pumps warm houses in winter and cool houses in summer. The three types of heat pumps are air-to-air heat pumps, water-based heat pumps, and ground-source heat pumps, which collect heat from the air, water, or ground outside the home.

How does a heat pump work?

Heat pumps absorb heat from a cool area and transfer it to a warm area. A compressor pumps refrigerant between two heat exchanger coils, one inside and one outside. A coil vaporizes the refrigerant and absorbs heat from the air. The refrigerant is then sent to the second coil where it condenses and releases the heat it has absorbed.

How long do heat pumps last?

keep heat pumps15 to 20 years oldAverage. The expected lifetime of a heat pump depends on the type, brand, service history and local climate. Heat pumps have a lifespan similar to that of an air conditioner, but last about 10 years less than a stove.

How efficient are heat pumps?

Heat pumps have an efficiency of200 % bis 300 %on the roof, which generates 3 kW of thermal energy for every 1 kW of electricity consumed. In comparison, a furnace or boiler has an efficiency of 70 to 95%. The most efficient heat pumps exceed 20 SEER for cooling and 10 HSPF for heating.

How much does it cost to repair or maintain a heat pump?

Less repair costs for heat pumps150 bis 1.000 US-Dollar, while replacing a coil, compressor or capacitor ranges from500 bis 2.000 US-Dollaror more.

Do geothermal heat pumps work in cold climates?

geothermal heat pumpsWork in hot or cold climatesbecause the subsurface temperature of the earth remains at 45°F to 75°F. Geothermal heat pumps, or geothermal heat pumps, provide heating, cooling, and hot water by transferring heat to or from the ground. This process reduces energy costs by up to 65% compared to HVAC units.

What is an absorption heat pump?

An absorption heat pump is an air heat pump that does not run on electricity but on geothermal or solar-heated water. It doesn't have a compressor.

How much does a heat pump vs. stove cost?

INCost of a new furnace2.000 bis 5.400 US-Dollarinstalled, compared to a heat pump in operation4.000 bis 8.000 US-Dollar. A new furnace may require installing expensive gas lines, which is why a heat pump is the cheapest option. In northern climates, heat pumps may need a furnace for backup heating.

How much does a heat pump vs air conditioner cost?

INCost of new AC unit2.500 bis 7.500 US-Dollarfor installation, but only cooler. A two-way heat pump costs4.000 bis 8.000 US-Dollarbut also heats and cools, making it a viable option depending on the climate.

Get a quote for installing a heat pump

Before hiring a heat pump installer and signing a contract, make sure that:

• Get at least three personal quotes to compare.

• Ask family, friends and neighbors for recommendations.

• Read reviews on HomeGuide and Google.

• Confirm installers are licensed, insured and accountable.

• Choose a company that has been around for more than 5 years.

• Avoid going for the lowest bid as the quality may suffer.

• In the event of a dispute, request a detailed, written contract.

• Compare labor and equipment warranties.

• Request an estimate of annual operating costs.

• Make sure the technician is certified to determine the best system size for your home.

• Avoid high upfront payments. Create a payment plan for the work you do.

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