Why Choose A Heat Pump For Your Home
Why Choose a Heat Pump for Your Home
If you’re trying to decide whether you should go with central air conditioning or a heat pump for your home, there are a lot of factors to consider. Which will save you the most money? What about energy efficiency? Should you take the climate into consideration? It can be easy to get overwhelmed, but this simple guide will help you choose what’s best for you and your home.
Do You Really Save Money with a Heat Pump?
There’s no simple answer to this question. It all depends on what kind of climate you live in, what kind of home you have, and more. It’s possible that the initial cost of installation will be higher for a heat pump versus central air conditioning, but if you have to also install a furnace with your central AC, a heat pump will likely be cheaper. Additionally, if your home needs a lot of retrofitting or renovations to accommodate central AC, a heat pump will definitely be the more affordable option, as it requires little to no retrofitting to be installed. Even if your home doesn’t have adequate ductwork, you can simply go with a ductless heat pump to avoid costly retrofitting. If you’re still not sure if a heat pump is right for you, ask your local HVAC service in Richmond for advice, and they’ll help you make an informed decision.
Maintenance & Repairs
One advantage to the heat pump is that it’s a single piece of equipment that both heats and cools your home. When your home needs to be heated, a heat pump will transfer heat from the outside air to the inside of your home. Even on cold days, there’s a lot of heat energy in the air that your heat pump can capture with and release indoors. When your home needs to be cooled, your heat pump will remove heat from inside your home and release it outside. Because it’s just one piece of equipment versus two separate heating and cooling systems, you’ll likely save money on maintenance and repairs over time. If you have an HVAC service in Richmond that you already use, they can likely service your heat pump just as well as your furnace or central AC.
Heat pumps generally have a much lower daily operating cost than a furnace and central air conditioning system. Heat pumps use electricity instead of natural gas to run, and the cost of electricity is typically lower than the cost of natural gas, though the difference depends on where you live. Heat pumps are far more energy efficient for homes in moderate climates, but if you live in a place where it regularly dips below freezing – and stays there for days or weeks on end – your heat pump will have to work extremely hard to keep your home warm, and you may see diminishing returns on the energy efficiency. Some people who live in cold climates still use a heat pump but supplement it with a furnace on the coldest days.
Tax Credits & Incentives
Another way a heat pump can save you money is through tax credits. While it depends on what state and locality you live in, many places in the U.S. offer significant tax credits to people who take steps to make their homes more energy efficient, and that includes switching to a heat pump. Do some research and find out what tax credits, rebates, and other incentives you could qualify for if you install a heat pump. It could defray the initial installation cost and make the entire project well worth your while.