Electric Heat Pump Furnace Cost

The final heat pump cost depends on.

Electric heat pump furnace cost. New heat pump cost. As shown in table 1 air source heat pumps are a more efficient and cost effective way to heat your home using electricity. Energy efficiency heat pumps are more energy efficient than furnaces because transferring heat is easier than making it. If you live in the south where winter temperatures may only reach 40 to 60 degrees then a heat pump is the best fit for your home.

An electric furnace works like a big hair dryer producing heat with electric heating elements. Installing a heat pump is often cheaper. Except rare cases pros include all materials equipment permits and labor in the project bid. If you live in an area where electricity costs less than gas then a heat pump is also the better option.

The cost to have a gas furnace installed averages 4 500 and the cost to install an electric furnace runs about 4 000 but you could pay up to 10 000 or. Why choose a heat pump over a gas furnace. Additional costs apply for a hybrid furnace 2 000 6 000 installing ducts 2 000 4 000 or replacing an air handler 2 000 3 500 heat pump prices are 800 to 4 500 for the equipment and 1 200 to 3 500 for installation labor on. The average cost to install a heat pump is 5 613 typically ranging from 4 068 and 7 160 depending on the size of and type you need.

Clean heating and cooling technologies have advanced in the commonwealth with air source pumps and modern wood heating leading the way. This can increase the price of a furnace dramatically compared to heat pump costs and may mean a heat pump is the better option. Cold climate heat pump systems heat and cool your home at a fraction of the cost of oil or propane. There are multiple types of heat pump systems.

Compare costs efficiency installation operating costs and more for electric heat pumps vs gas heating to determine which hvac system is best for your home. The cost of a new electric furnace ranges from 1 000 to 2 500 while a gas furnace will cost between 3 000 and 4 000 before installation. Homeadvisor s complete heat pump or forced air furnace guide defines the differences between electric and gas heat pumps and gas electric propane and oil furnaces. Altogether your home comfort costs may be less with a heat pump.

Gas furnace come down to where you live. Electric furnaces are generally less expensive to purchase than gas furnaces and cheaper to install. A heat pump can do both. Heat pump installation cost.

An electric furnace will be 100 percent efficient but will be more expensive than a heat pump. Heat pump pricing varies from one type of system to another. Heat pump unit cost. Heat pump installation costs 3 800 to 8 200 on average depending on the size type efficiency and brand.

Of course unit costs will vary depending on the size and model selected for both.