The cost of replacing a heat pump system depends on the capacity of the system needed for your home and depends on the efficiency of the system being installed. The complexity of the project is also a major factor in determining the total heat pump cost. But there are other factors that may impact the overall heat pump cost..
Should I Replace My Air Handler When Replacing a Heat Pump?
The short answer is yes. Heat pumps are designed to be matched with a specific air handling unit because these two units function together. If you want to get maximum operating efficiency, the heat pump and air handler should always be replaced at the same time.
What Other Factors Might Drive Up the Heat Pump Replacement Cost?
Modern heat pumps need to run off 200 amps. If you live in an older home, you may have to hire an electrician to upgrade your electrical panel, which could cost anywhere between $2,000 and $4,000. Another major factor is the duct system. Your duct system is a vital link in the chain for a properly operating system. Old leaky ducts or incorrectly designed and installed ducts can result in higher electric bills or a system that just doesn’t work properly. If the project requires ductwork installation or the addition of other necessary components expect the overall cost of the project to increase.
Get Several Estimates and Quotes Before Making a Decision to Replace a Heat Pump
If an HVAC company has told you that it’s time to replace the heat pump, we recommend getting a second opinion from a trustworthy company. It may be possible that the system could even be repaired. It doesn't hurt to make sure several technicians agree that it's time to entirely replace the system. There are many reputable HVAC companies in Richmond and Central Virginia.
Overall Cost of Replacing a Heat Pump System
You should expect to pay approximately $6,000 to $12,000 to replace your heat pump and air handler, including installation. This is a very rough estimate that will depend entirely on the size of your home and other particulars involved in the installation process.