Heat pumps, known for their efficiency, are becoming a popular choice for managing temperatures in homes. However, the cost of a heat pump can vary significantly depending on several factors. The system itself is usually the largest expense, but the complexity of the installation and the quality of the labor can also affect the price.
A common choice is the ductless mini-split heat pump, popular for its flexibility and efficiency. These heat pumps typically cost between $1,300 to $8,000, including equipment and installation. The costs are kept low due to minimal ductwork requirements.
Another option is the ducted air-source heat pump, which generally costs between $4,500 and $8,000, including installation. These systems work by transferring heat between your home and the outside air, making them a versatile choice for most homes.
On the higher end of the spectrum are geothermal heat pumps, known for their superior energy efficiency. The initial investment for these systems is significant, typically ranging from $6,000 to $20,000. However, these systems promise the most savings over time. It’s worth noting that these systems require the installation of underground loops and may need to be located near a water source like a pond or lake.
Read more: www.cnet.com