What To Know About Heat Pumps

When it comes to residential heating systems, there are a variety of options to choose from. The type of heating source that will work best for your home will depend on the size of your home and your heating needs. Heat pumps are a great alternative to furnaces and air conditioners. They work by using electricity to move heat from a cooler space to a warmer space, something which can either cool or warm your home in the process. If you have a heat pump or are considering installing one, here's what you should know.

They Are Efficient

The first thing that you should be aware of is that heat pumps are typically more energy efficient than other HVAC options. There are three main types of heat pumps to choose from including geothermal, water source, and air to air. Air to air heat pumps can reduce your energy use for heating by up to 50 percent compared to furnaces. Geothermal systems can reduce energy use by 30 to 60 percent. Air to air heat pumps are a better option for mild climates while geothermal options work best for harsher climates. It's important to consider whether or not you will see energy savings if you are thinking about a heat pump.

How Much They Cost

Another thing to keep in mind is the cost of a heat pump. Installation costs will vary depending on the difficulty of the installation and the type of heat pump you choose. The typical range for heat pump installation ranges between $4,068 and $7,160. Installation costs for geothermal heat pumps are often higher since they do require underground installation. While heat pumps are typically pricier than other heating options, you will see savings over time due to their energy efficiency. 

How Long They Last

When it comes to your HVAC system, knowing how long it will last is important. The average heat pump can last up to 20 years. In order to make your heat pump last as long as possible, it's important to have your system repaired as soon as you notice signs that there is a problem. Heat pump repairs range in price between $157 and $568 on average. Regular maintenance is also a must if you want to keep your system running as long as possible.

If you are considering a heat pump, there are a few key things to keep in mind. First, they are an energy-efficient option and can lead to significant savings over time. Costs for a heat pump will vary depending on the type of heat pump you choose. These systems can last for up to two decades, but repairs may be needed to keep your system working for as long as possible.