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How Much Does It Cost to Put in a Heat Pump?

Your utility bills are starting to add up, and you’re looking for ways to cut some costs around the house. One item that gets high bills during the winter months is your heat.

If you decide to install a heat pump, your heating costs could plummet. Still, you’re wondering, “How much does a heat pump system cost?”

We’re here to help. Keep reading to learn all about heat pumps and the cost of heat pump installation.

Materials

The average cost of materials for a heat pump system can range from $2,000 to $5,000, depending on the size and type of system you need. If you have a large home or office, you may need a more powerful system, which will cost more.

The initial investment for a heat pump system may be higher than other heating options, but it is important to consider long-term savings. Heat pump systems are very efficient and can save you money on your energy bills every month.

Cost of Installation

The cost when you install heat pump system can vary based on the type of system. Installation types are window heat pumps, mini split, hybrid heat pump systems, and the most common and trusted ducted heat pumps. Check here to learn about ducted heat pumps.

However, the average cost for a basic heat pump system installation labor is around $3,000. This cost can be higher or lower depending on the specific system and installation requirements.

Maintenance

The cost of maintenance for a heat pump system can differ because of the make and model of the system, as well as the company that provides the service. However, the average cost for a basic service call is around $100.

This cost usually covers the inspection of the system and its parts, as well as general cleaning. If there are any repairs that need to be made, the cost will increase.

Replacement

If you need to replace the heat pump as a whole, this can be expensive, depending on the type of system you have. If you have a central air conditioning system, the entire system will need to be replaced. This can cost several thousand dollars.

If you have a ductless mini-split system, the cost will be less, but you will still need to have the entire system replaced. If the problem is diagnosed to be just a part, then it will not be that expensive as long as the replacement will be inspected and carried over by an expert.

Overall Heat Pump System Cost

Overall, heat pump systems are a great investment. They are energy efficient, environmentally friendly, and can save you money in the long run. However, heat pump systems are not cheap to install. They typically cost between $3,000 and $5,000, depending on the size and type of system.

The overall heat pump system cost can be offset by the long-term savings you will see on your energy bills. Heat pump systems are a great way to reduce your carbon footprint and save money, so they are definitely worth the investment.

Keep browsing our blog for more tips for your home.

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