Over time, your heat pump will require more time and energy to maintain 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 Polar Air & Mechanical would like to help. With extensive experience replacing heat pump systems, our technicians are sure to know what combination of equipment is perfect for you. We can offer heat pump installation in Myrtle Beach 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 makes up heat pump replacement costs.

There Are Several Types of Heat Pumps

Heat pumps are 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 many efficient heat pumps available, which one is best?

First, focus on brands with a reputation for quality and long-lasting efficiency like Lennox. Their available heat pumps can provide dependable comfort all year long. Even if another brand appears to be cheaper, you could 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 need additional accessories or equipment.

  • An Air-Source Heat Pump works with your existing duct system and is especially efficient for heating and cooling systems that already have a furnace.
  • Mini-Split Heat Pumps don’t need 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 needs. This design is more dependent on where you live and is one of the most expensive, yet powerful options.

Ensure It’s the Correct Size

A common mistake some homeowners make is assuming bigger means better. But a heat pump that’s too big can reduce efficiency just like one that’s too small. Professional technicians will help you determine 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 most important parts of determining heat pump replacement costs. Since 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 will often 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 consider trustworthy. Otherwise, they may attempt 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 appropriate capacity, leading to losses in monthly energy bills.

A quality technician can easily justify their prices, explaining every aspect of heat pump installation costs. The experts at Polar Air & Mechanical 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 require an indoor air handler for efficient heating and cooling. Air handlers replace the role of ductwork, ensuring climate control is distributed evenly through the home. Your technician can help figure out the optimal number of air handler units your home should install for consistent, affordable comfort.

Get in Touch with Polar Air & Mechanical for Advice About Finding Your Replacement Heat Pump

Minimize costs while maximizing your new heat pump’s productivity. For the best advice and most affordable options, choose Polar Air & Mechanical! 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 843-253-4874 or contact us online to request a free quote today.