If you’re looking for an energy-efficient way to stay warm this winter, a heat pump may be the right choice for you!
1. Installation cost
The upfront cost of a heat pump varies depending on the size, type, and efficiency rating. Generally, installing a new heat pump can be costly – especially if you’re replacing an existing system – but this cost can be offset over time by lower energy bills. After all, the main difference between a traditional furnace and a heat pump is that a heat pump uses the outside air to generate heat, which means it doesn’t need to burn any fuel, and you can get a lot of heat for “free” from the outside air.
2. Life expectancy
Heat pumps life expectancy is greatly dependent on usage and maintenance. They are generally quite reliable, and with proper maintenance, they can last up to 15 years or more. However, the efficiency of a heat pump, and the life expectancy, are affected by extreme outdoor weather conditions. Luckily, here in the Triad area, our winters are generally mild – it’s the perfect place for a heat pump! Our winters are mild enough to allow for a longer operating life and higher efficiency of your heat pump.
3. Potential savings
The main benefit of a heat pump is its ability to reduce your energy bills. Since the outside air is used to generate heat, it doesn’t require as much energy as a traditional furnace. And, again, since the Triad doesn’t regularly experience freezing cold temperatures, you won’t need to use as much energy to keep your home warm.
Bonus: Also consider local utility or government rebates or tax credits that may be available to you for purchasing a heat pump. Right now, passed as part of the Inflation Reduction Act, there are HUGE rebates for the installation of heat pumps, depending on your income.
Overall, the mild winter climate makes the Triad area perfect for a heat pump system, providing you the opportunity to save on energy costs while still staying warm and comfortable indoors.
Like with all big home improvement investments, do your research to compare the costs, benefits, maintenance requirements, and life expectancy of different heating systems before making a decision.
Give Weather Master a call today to learn more about how you can take advantage of the energy savings from heat pumps! (919) 853-7910