Over time, your heat pump will take more time and energy to provide 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 Lanz Furnace and Fireplace would like to help. With years of experience replacing heat pump systems, our technicians are sure to know what combination of equipment is perfect for you. We can facilitate heat pump installation in Monroe 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 can be an efficient, versatile solution for heating and cooling your home. It’s smart to go over at least a couple of options before installing the first one you find. But with all kinds of efficient heat pumps available, which one do you choose?

First, focus on brands with a reputation for quality and long-lasting efficiency like Lennox. Their line of heat pumps can provide reliable comfort all year long. Even if another brand appears to be more affordable, you may 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 require additional accessories or equipment.

  • An Air-Source Heat Pump works with your existing duct system and is particularly efficient for heating and cooling systems that already have a furnace.
  • Mini-Split Heat Pumps don’t require ductwork, so costs ultimately depend on how many indoor air handlers you decide to install.
  • For cutting-edge heating and cooling, a Geothermal Heat Pump can satisfy the largest homes’ comfort requirements. This design is more dependent on geographic location and is one of the most expensive, yet powerful options.

Make Sure It’s the Correct Size

A common mistake some homeowners make is assuming bigger is better. But a heat pump that’s too big can lower 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 can 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 know is trustworthy. Otherwise, they may try to push for services and extra equipment you don’t actually need. Inexperienced technicians may end up installing a heat pump that’s not the correct capacity, leading to more expensive monthly energy bills.

A quality technician will be able to justify their prices, walking you through every aspect of heat pump installation costs. The experts at Lanz Furnace and Fireplace 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 replace the role of ductwork, making sure 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 Lanz Furnace and Fireplace for Help Choosing the Right Heat Pump System

Minimize costs while maximizing your new heat pump’s effectiveness. For the best advice and most affordable options, choose Lanz Furnace and Fireplace! Our friendly experts will take the time to learn about your comfort preferences before recommending the ideal solution.

Sound like a good deal? Give us a call at 608-291-3606 or contact us online to request a free quote today.