Electric Heat Pump Furnace Cost

An electric furnace will be 100 percent efficient but will be more expensive than a heat pump.

Electric heat pump furnace cost.

Heat pump pricing varies from one type of system to another. 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. 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. As shown in table 1 air source heat pumps are a more efficient and cost effective way to heat your home using electricity.

Of course unit costs will vary depending on the size and model selected for both. Heat pump installation cost. If you live in an area where electricity costs less than gas then a heat pump is also the better option. Gas furnace come down to where you live.

New heat pump cost. A heat pump can do both. 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. Why choose a heat pump over a gas furnace.

This can increase the price of a furnace dramatically compared to heat pump costs and may mean a heat pump is the better option. Most of the reasons you would choose a heat pump vs. 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. Electric furnaces are generally less expensive to purchase than gas furnaces and cheaper to install.

The final heat pump cost depends on. Clean heating and cooling technologies have advanced in the commonwealth with air source pumps and modern wood heating leading the way. 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.

Energy efficiency heat pumps are more energy efficient than furnaces because transferring heat is easier than making it. Cold climate heat pump systems heat and cool your home at a fraction of the cost of oil or propane. Installing a heat pump is often cheaper. 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.

The furnaces then use forced air to blow the heated air through the house. Heat pump unit cost. Heat pump installation costs 3 800 to 8 200 on average depending on the size type efficiency and brand. 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.