Over time, your heat pump will require more time and energy to sustain the same degree of comfort. This is a natural result of normal wear and tear. When it’s time to replace your heat pump system, taking the time to compare your options will ensure the upgrade is cost-effective.
The HVAC professionals at Phelps Heating & Cooling, Inc. would like to help. With years of experience replacing heat pump systems, our technicians are sure to know what combination of equipment is right for you. We can offer heat pump installation in Hodgenville that’s affordable and hassle-free.
On average, a new heat pump system costs approximately $7,000. But depending on the model, the size of your home and many other factors, it can be higher or lower. To help give you a better idea, here’s everything that can affect heat pump replacement costs.
There Are Different Types of Heat Pumps
Heat pumps are an efficient, versatile solution for heating and cooling your home. It’s a good idea to go over at least a few options before installing the first one you find. But with all kinds of efficient heat pumps available, which one is best?
First, focus on brands with a reputation for quality and long-lasting efficiency like Lennox. Their available heat pumps can provide reliable comfort all year long. Even if another brand appears to be cheaper, you could end up spending more on energy bills and repairs.
But there’s also the heat pump’s design to think about. Some types of heat pumps rely on additional accessories or equipment.
- An Air-Source Heat Pump uses your existing duct system and is especially efficient for heating and cooling systems that already have a furnace.
- Mini-Split Heat Pumps don’t require ductwork, so costs ultimately depend on the number of indoor air handlers you choose to install.
- For cutting-edge heating and cooling, a Geothermal Heat Pump can handle the largest homes’ comfort needs. This design is more dependent on geographic location and is one of the most expensive, yet powerful options.
Ensure It’s the Correct Size
A common mistake some homeowners make is thinking bigger is better. But a heat pump that’s too big can reduce efficiency just like one that’s too small. Professional technicians will help you compare the heat pumps’ capacity using your home’s square footage, the number of windows, home insulation and other factors.
Check the Energy-Efficiency Ratings of Potential Models
A heat pump’s energy-efficiency ratings are one of the key aspects of determining heat pump replacement costs. Because a heat pump offers both heating and cooling, there will be two ratings to compare: SEER for cooling, and HSPF for heating. While higher-rated models are more expensive, they will often save you more in long-term energy costs.
The Seasonal Energy Efficiency Ratio (SEER) is used for air conditioners and other cooling equipment. 15 is the minimum required rating for modern heat pumps. Higher ratings mean the heat pump is more efficient at cooling your home, with top-of-the-line models reaching an approximate rating of 27.
The Heating Seasonal Performance Factor (HSPF) is a slightly different scale, with a required minimum of 7.7 HSPF. Ratings between 8.5 to 12.5 are eligible for the ENERGY STAR® designation.
Labor Costs Should be Factored into Your Decision
Take the time to choose a service company you consider trustworthy. Otherwise, they may try to push for services and extra equipment you don’t truly need. Inexperienced technicians may end up installing a heat pump that’s not the appropriate capacity, leading to more expensive monthly energy bills.
A quality technician will be able to justify their prices, explaining every aspect of heat pump installation costs. The experts at Phelps Heating & Cooling, Inc. can thoroughly review your home and existing HVAC system to determine approximate heat pump replacement costs.
Don’t Forget to Choose a Quality Air Handler
Many types of heat pumps depend on an indoor air handler for efficient heating and cooling. Air handlers take the place of ductwork, ensuring climate control is distributed evenly through the home. Your technician can help figure out the optimal number of air handler units your home would require for consistent, affordable comfort.
Call Phelps Heating & Cooling, Inc. for Help Finding the Right Heat Pump System
Minimize costs while maximizing your new heat pump’s productivity. For the best advice and most affordable options, choose Phelps Heating & Cooling, Inc.! Our friendly experts will take the time to learn about your comfort preferences before providing their recommendations for the ideal solution.
Sound like a good deal? Give us a call at 270-358-3167 or contact us online to request a free quote today.