How Much Does It Cost To Install A Heat Pump? (Cost Guide)
Heat pump installation costs are essential for a new heating and cooling system. However, figuring out what type of heat pump will work best for your home can be overwhelming. Additionally, you might be wondering how much the total cost of installation might be. This piece will review the costs associated with heat pump installation, including labor and materials. So stay put into learning how much you can expect to pay for your heat pump installation.
Heat Pump Installation Cost Overview
Heat pumps are a popular choice for heating and cooling homes or buildings. They can provide energy-efficient solutions to climate control. Heat pumps are available in different varieties, each with additional installation costs. Here’s a breakdown of the cost of installing various heat pump types.
Air Source Heat Pump Installation Cost
Air source heat pumps are the most common type of heat pump. They draw in air from outside to cool and warm air on your home’s interior. The cost of installing an air source heat pump will depend on a few factors, which we will discuss later in this article.
The typical cost to install an air source heat pump in every room with a separate indoor air handler unit is between $3,625 and $5,200. (or zone). This heat pump costs around $10,500 to $18,975 for a fully installed ducted central air source heat pump system.
Geothermal Heat Pump Installation Cost
Geothermal heat pumps use the earth’s natural temperature to heat and cool. They require specialized equipment, so they tend to be more expensive than other types of heat pumps. They can cost as much as $22,000.
However, the typical cost to install a geothermal heat pump in a 2,500-square-foot home is between $20,000 and $25,000. This is primarily due to the expense of excavation services needed to prepare the site. Two times as much as the average heating, cooling, and hot water system.
Nevertheless, geothermal HVAC systems can save energy costs by as much as half. In addition, it’s easier to arrange for the underground installation if you do it when building a new house.
For example, suppose you’re interested in installing a heat pump but are concerned about the cost. In that case, it’s in your best interest to consult with a local contractor like Aquarius Home Services to determine whether or not this specific model is necessary for your home.
Ductless Mini Split Heat Pump Installation Cost
Ductless mini-split systems are one of the most efficient ways to heat and cool your home. In addition, they don’t require ductwork, making them easier to install than other heating systems. A ductless mini split system can range from $1,800 to $7,500, depending on the unit size and type you need.
Cooling a whole house with ductless heat pumps is possible by installing numerous zone units in various rooms. There are four air handler units (AHU) in a multi-zone ductless heat pump system, and their installation will cost roughly $10,000.
Hybrid Heat Pump Installation Cost
A hybrid heat pump combines the best of both an air source and a geothermal heat pump. The price of putting in a hybrid system ranges from $2,500 to $10,000. A heat pump and a furnace provide a hybrid heating and cooling system. As a result, there is a monthly and energy cost savings with hybrid HVAC systems.
The cost savings of hybrid heat pumps are most significant in locations with colder winters. This way, the heat pump can be used for heating in cooler months and the furnace for heating in colder months.
Factors Affecting Installation Cost of Heat Pumps
Here are some of the most important ones to consider when budgeting for a new heat pump:
Heat Pump Capacity & Size
Heat pumps come in different sizes and shapes. Therefore, the size or capacity of your chosen unit will significantly impact installation costs. Heat pumps with a higher seasonal energy efficiency ratio are more expensive than smaller ones. For example, a 3-ton heat pump will cost more to install than a 2-ton unit.
Installation & Labor Fees
Labor fees typically account for 50-70% of the total installation cost of an air conditioner. The complexity of your project can also factor into labor costs. For example, if your home has an existing ductwork system, the contractor may need to make modifications to accommodate the new heat pump. This could add additional labor costs. Therefore, it is essential to review all estimates carefully to ensure you get the best deal possible.
Location & Space Requirements
The location and space requirements for installing a heat pump will also affect installation costs. For example, if you need a specialized foundation or excavation services, this could add up significantly to the overall installation cost. Therefore, discuss all space requirements with your contractor before beginning the project.
Accessibility
How easy is it for technicians to access your system? If there are any obstacles, such as walls or furniture blocking their path, this could add additional time and money to the job.
How to Save on Heat Pump Installation Costs
Here are some cost-saving tips when installing a heat pump:
- Researching different heat pump options can help you save money on installation costs. Also, consider the size of your home, energy efficiency ratings, and features that may be important to you when selecting a unit.
- When it comes time for installation, hire an experienced contractor. Go for someone who has worked on similar systems before. Aquarius home services have all the qualifications and experience to help you install your new heat pump correctly.
- Look for rebates or incentives from local power companies. This can help offset the cost of installation.
Conclusion
Heat pumps are an efficient and cost-effective way to heat and cool your home. Depending on the type of pump you choose, installation costs can vary significantly. Air source systems tend to be more affordable than geothermal or ductless mini splits, which require specialized equipment for installation. Therefore, it is essential to research all options available to find a system that meets your needs while staying within budget.
If you’re looking for professional help installing a new heat pump, Aquarius Home Services has experienced technicians who can provide quality service at competitive rates. With our expertise, we’ll ensure that your new heat pump is installed correctly and runs efficiently for years to come.