Are you one of the people who bought one of the six million homes that sold in 2021? If so, you’ve probably put a fair amount of work into your new home already. After all, renovations are one of the first things most new homeowners look at completing.
Of course, most people also focus on popular renovation ideas, like kitchens or bathrooms. Considering new HVAC options often falls down the list until you’ve reached some of those other renovation landmarks.
If you are looking at new HVAC options, though, you may wonder if a heat pump installation will save you money. Keep reading for our guide which covers the benefits of heat pumps.
What Is a Heat Pump?
Most homes used natural gas, electric, or propane furnaces in combination with an AC unit for heating and cooling purposes. It’s a well-understood approach and readily available across the nation.
A heat pump is one alternative to that more common approach. Heat pumps act a bit like a furnace and AC unit in one. It gathers heat, either inside your home or from the outside, and moves it.
During cold weather, a heat pump moves heat from the outside into the house. In warm weather, it moves heat from inside the house to the outside.
Types of Heat Pumps
There are three main types of heat pumps. There are air-to-air systems, which are the most common types.
You also see geothermal models, which use buried pipes to exchange heat with the ground. You also see water-based systems, which typically need a nearby water source, like a lake.
Advantages of Heat Pumps
You can see a lot of advantages from installing a heat pump. Heat pumps typically need a lot less maintenance than natural gas or propane furnaces.
The systems don’t burn anything. That makes them a safer alternative if a problem does occur with the system.
It’s an effective way for you to reduce your carbon footprint. Since the system can also provide cooling, it eliminates or at least reduces your dependence on a traditional AC unit.
Can a Heat Pump Save You Money?
Yes, a heat pump can save you money. Heat pumps don’t burn any kind of fuel, so you save money on fuel costs. They do need electricity to run, which fuel savings should more than offset.
Your location and type of fuel pump will also play a role. While geothermal systems can work well in any climate, they cost substantially more than air exchange pumps. In areas where temperatures get extremely cold, air exchange heat pumps grow less efficient.
Heat Pump Installation and Your Home
If you’re wondering if a heat pump installation can save you money on your monthly bills, the answer is a qualified ‘yes’. In moderate climates, air exchange heat pumps can provide most or even all of your heating and cooling needs at a lower cost than a traditional furnace and AC setup.
In very cold climates, you often need supplemental heating to support a heat pump system, which can reduce your savings.
Enhanced Heating & Air Conditioning offers HVAC installation services. If you’re interested in a heat pump installation contact us today.
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