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We track the estimates they get from local companies, then we share those prices with you. Manufacturer RebatesVarious manufacturers offer rebates from $300 to $800 to install a heat pump. The following list covers the main benefits of installing a heat pump. Manual S helps select the right equipment, such as ducts and air handlers.

home depot heat pump prices

They are also popular for new construction when homeowners want a “tried and true” option they’re familiar with. These systems are a good choice for regions of the country without extreme winter cold. All these cost factors are discussed at length below in detailed FAQ and Buying Guides that will inform and assist as you make your heat pump purchasing decision.

$6,150 – Average Installed Cost of a Heat Pump System

Air-source heat pumps absorb heat from the air and release it inside a home as hot air or water. Here is a breakdown of the average cost for the equipment, material and labor charges for a typical 16 SEER, single-stage 3 ton heat pump system. Cost will rise with upgraded efficiency and performance such as 2-stage and variable capacity heating and air conditioning. Geothermal heat pumps work in hot or cold climates because the earth’s underground temperature maintains 45°F to 75°F.

home depot heat pump prices

Although the upfront cost is high, GSHP systems pay themselves back in energy savings within 5 to 10 years. Alfie TaylorAlfie Taylor is an electronics technician whose articles you often see on vlogs about electricity and how to use it. In particular, thanks to 3 years of experience working in an electric company, he regularly shares his knowledge and suggestions about electrical items that everyone should buy. Moreover, he constantly researches the pros and cons of each type of product to give everyone the most objective review and help people buy the best product on the market. While doing our research online, we found that the initial inspection would cost around $50, but usually, this is deducted from the entire bill if you agree with the price. For the basic installation provided by Home Depot, you should budget around $370.

Heat Pump Performance Features and Price Factors

A heat pump water heater costs $1,500 to $4,400 to install on average. These systems can be retrofitted to work with existing water heaters and operate three times more efficient than electric units, saving $250 to $1,000 annually. A heat pump costs $0.20 to $0.50 per hour to run, depending on electricity costs and heat pump type. Running a heat pump costs $40 to $160 per month or between $500 and $2,000 per year, depending on the climate zone, home's insulation, and if the system has a backup heat source. Split System Heat Pumps are comprised of three or more main components, a thermostat control, and installation accessories that connect the components and allow them to work together properly. COP – measures how many times more efficient a heat pump is than electric resistance heat.

home depot heat pump prices

Value – Quick return on investment, paying themselves back in energy savings within 5 to 12 years. Strategically place a bush or fence up upwind of the coils to block the unit from high winds, which protects the unit’s defrosting abilities. Reviewed and approved on July 19, 2021, by Tom Grupa and 9 expert heat pump installers on HomeGuide.

What Is An Absorption Heat Pump?

Here is a comprehensive list of these features and their average cost to have them installed. As you upgrade efficiency and comfort control, cost will increase. In extreme climates, the cost of the upgrade will be paid back in a reasonable number of years. In moderate climates, the upgrades might not be cost effective, but you still might enjoy the improved temperature balance and increased summer dehumidification that comes with the upgrade. If you’re not going to spend on a Carrier but might buy a Day & Night heat pump, Carrier still makes a profit.

A new heat pump costs $3,800 to $8,200 to install on average, depending on the size, efficiency rating, brand, and type. An air-source heat pump costs $4,000 to $8,000, a geothermal heat pump is $15,000 to $35,000, and a ductless mini-split heat pump runs $1,500 to $3,500 per zone. The installed cost of an air course, split system heat pump system ranges from $4,400 to $8,500 for average-sized homes.

How Much Does A Heat Pump vs. Air Conditioner Cost?

Here’s an overview of the equipment required and the cost of each heat pump system. A supplemental heat strip adds 3kW to 25kW, dramatically increasing the cost to run. A cheaper auxiliary heating option is using a hydronic coil with heat from a water heater. Otherwise, the easiest way to size a heat pump is by using the existing system's capacity for the replacement unit. Supplemental heating is typically required when the balance point is below 32°F. The maximum size heat pump to buy should be 25% over the BTUs required.

A SAHP is typically a single integrated system, but the solar panels can be installed separately. Solar panel installation costs $10,600 to $26,500 for a 6 kW to 12 kW system. A solar water heater costs $2,000 to $5,500 to install and can also be configured to work with a heat pump. One of the best ways to find the home depot mini split heat pump you will love is by finding the right brand.

Additionally, a defrost mechanism provides heating between defrost cycles. There is no ductwork involved in using a heat pump to filter air coming from outside, so you don't have to worry about dirty air ducts. The quality of indoor air can have a positive effect on your health.

home depot heat pump prices

With ductless heat pumps in Canada, you not only save money, but also space. A ductless system mounts to an exterior wall, eliminating concerns over the quality of the air. With heat pumps, you can control the temperature in each room individually.

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