• How Much Does a New Heat Pump Cost in 2014?

    Heat pumps prices vary widely based on factors we’ll discuss. They start at about $1,100 and can cost as much as $6,000.

    Factors Affecting 2014 Heat Pump Prices

    There are three key components to heat pump costs.

    Efficiency: Today’s heat pumps range in efficiency from 13 SEER to about 23 SEER. The more efficient the model is, the more it will cost. In very warm climates, choosing a very efficient heat pump is a cost-effective choice.

    In temperate climates such as coastal locations in southern or northern California, a less efficient heat pump makes sense. In very cold climates, choosing an efficient, dual-fuel heat pump is the best choice when the lowest energy bills are the goal.

    Here are a few of today’s most efficient heat pumps:

    • Lennox Signature Series XP25 23.5 SEER Heat Pump
    • Maytag PSH4BI iQ Drive 22 SEER Heat Pump
    • Carrier Infinity 25VNAO 20 SEER Heat Pump

    Performance: There are three levels of performance, and they affect indoor comfort. The lowest is single-stage heating and cooling. The unit runs at high capacity all the time, so you might experience slight temperature fluctuations. These are the cheapest heat pumps, and are available in models from 13 to 16 SEER.

    Next are two-stage heat pumps that run on low capacity except when a boost in heating or AC is needed. They offer better temperature balance and more dehumidification in the summer. They are moderately priced and available from 16 SEER to 20 SEER

    Modulating heat pumps run at variable capacity to deliver very balanced heating and air conditioning. This produces the most comfortable climate control. Modulating heat pumps are also the most efficient and most expensive. They’re available starting at 20 SEER.

    Size: Regardless of the model you choose, the larger it is, the more it will cost. A qualified contractor will size the unit for your home’s needs. They range from 1.5 tons to 5.0 tons of capacity.

    Heat Pump Prices

    As SEER ratings go up, so do the performance level and the price. Here are heat pump costs for the equipment. Expect installation to be $1,250 to $3,500 based on the difficulty of the job. The prices in each category cover units from 1.5 to 5.0 tons. Size range and different performance options account for the spectrum of prices in each category.

    • 13-15 SEER Heat Pumps: $1,200 to $2,750
    • 16-18 SEER Heat Pumps: $1,750 to $3,500
    • 19+ SEER Heat Pumps: $3,200 to $6,000

    Find the Lowest Heat Pump Prices in Your Area

    You’ll receive the lowest prices when you request at least three estimates from contractors in your area. The form on this page allows you to do that in just a few seconds. The contractors are pre-screened and certified, and there is no cost or obligation to you for using the service.

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