At some point, some part of your heating and air system is going to break down or wear out, and you will have to replace it. For any homeowner, this is a costly enterprise, but it may be especially costly if you have a large house with several heat pumps.
In general, a quality heat pump can produce for 15 years or more. However, as the years advance, it'll become an unavoidable reality that you’ll need to replace every heat pump that you have. When the time comes, often the first thing people ask is "how much will it cost to replace a heat pump unit?"
How Much Does a Heat Pump Unit Cost?
When it comes to the cost of a heat pump unit itself, you can expect to pay anywhere from $ 5000 for a small, low quality unit and as much as $15,000 for a large, high quality, energy efficient unit. The labor cost for installing a single HVAC unit depends on the space, time, and professional heating and cooling company doing the installation.
What Affects the Cost of a Single Heat Pump Installation Project?
There are three major things to take into consideration when considering the cost of a single heat pump unit: 1) Size of the Unit, 2) Quality of the Unit, 3) Energy Efficiency, and 4) Installation Costs.
The Size of the Heat Pump
Larger residences typically require larger heat pumps. The larger the heat pump, the more it typically cost. Large homes are also often equipped with more than one heat pump unit. The more units, the higher the price will be for replacing them.
Quality of the Heat Pump
There are many brands of heat pumps, and each brand usually has a wide variety options, all varying in quality and design. Typically, the better the heat pump, the longer it will last; however, quality comes at a cost. A top of the line heat pump can cost thousands more than a low-quality unit, but you'll likely save in the long run with a longer lasting piece of equipment that will require fewer repairs.
Energy Efficient Heat Pumps
Not all heat pumps come with the same energy efficiency ratings, which is officially measured by a SEER Rating. The higher the SEER Rating, the less electricity your heat pump unit will use. Paying a bit more upfront for an energy efficient heat pump can save thousands of dollars over the life of that system.
Heat Pump Unit Installation
When it comes to heat pump installation, you'll find a wide variety of options throughout the Greater Richmond, Virginia region. From folks working out of the back of a pickup to large regional companies that may or may not have an actual presence here in our community. Our advice is to go with a reliable company that will back up their work with a performance and satisfaction guarantee and has a real stake here in the Greater Richmond Community.
Other Heat Pump Cost Considerations
When it’s time to replace your heat pump, other items may need replacing as well.
Here are a few items that may need to be replaced over time:
- New fittings, hardware, and pipes may be needed.
- You may need to replace existing ductwork unless you have a ductless system.
Get Pricing for a Heat Pump Replacement
We have fixed or replaced heat pumps for thousands of customers throughout Richmond and Central Virginia. Contact us for heat pump pricing if you have any concerns that your heat pump isn't going to make it through another winter, or check out our Heat Pump Buying Guide,