![]() It’s also worth noting that SEER requirements vary by state, with residents of southern states typically requiring units with a SEER rating of at least 15 and those in northern states benefiting from units with a rating of 14 or higher. In contrast, having a heat pump installed in a home in Denver, Colorado, could cost as much as $10,000 because refrigerant lines may need to be buried, and a larger unit may be called for. The climate is also a factor in determining the price of a home heat pump-in warmer locations, such as Miami, Florida, having a heat pump installed costs an average of $2,200 to $3,700 because the temperatures are mild and a smaller air-to-air unit is all that’s usually needed. A midsize 3.5-ton unit for a 2,500-square-foot home averages $3,900 to $6,400, and a large 5-ton unit that heats up to 3,500 square feet can cost $4,500 to $8,800, not counting heat pump installation costs. A 2-ton heat pump runs $3,500 to $5,500 and can heat 1,000 square feet. In addition to living space, a professional installer will factor in the climate in the region when determining size. In discussions about heat pumps, “tonnage” refers to the amount of heat the heat pump can move into and out of the home in a given time. It’s really important to make sure that don’t just guess or look at the size they had previously, but bring in a professional to do that full analysis to give them a quote for what is the right system for their home.” According to Gehring, the right heat pump capacity “can be based on the size of the home, the location, the direction the home is facing, how many windows, what trees are in the area-even the layout of the home can play into it. Like an HVAC system, for a heat pump to efficiently warm and cool a home, it must be sized to the home’s living space. A heat pump cost calculator factors in the size of the unit, the type of heat pump purchased, and its level of efficiency. While a heat pump system costs $5,947 on average, the final heat pump cost varies widely. “For instance, when it gets super super cold it makes sense to run it in gas, but if you’re at 30 degrees, it might make sense to heat your home with the heat pump.” Factors in Calculating Heat Pump Cost “ could … work with their contractor to make the decision based on their local utility rates and what their local climate looks like, when it makes sense to run that system in electric mode, and when it makes sense to run it using gas,” says Heidi Gehring, director of residential HVAC product management at Carrier, a manufacturer of HVAC systems. ![]() Some heat pumps are dual fuel units, meaning that they can run on electricity or gas at different times. So, instead of needing two units-a furnace and an air conditioner-a heat pump does the work of both. In addition, a heat pump also acts as an AC to keep a home cool by drawing heat out of warm indoor air during the summer. ![]() But what is a heat pump? A heat pump pulls heat from surrounding natural sources (air, soil, or water) and uses it to produce heat to warm up a home. A furnace uses gas or electricity to power a heating element and then blows forced air over the hot element and into the home to warm it. ![]()
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