Heat pumps are more and more common these days, especially with the Government of Canada giving out grants for their installation. Between potential cost savings and the goal of becoming a more energy-efficient nation, Canadians are carefully considering their options for home heating. Whatever the reason for your replacement, let’s discuss what it would cost to replace a furnace with a heat pump.
What Affects the Cost to Replace a Furnace with a Heat Pump?
There are a variety of factors that affect the overall cost of replacing your furnace with a heat pump. They include:
- The age of your furnace
- The location of your furnace
- The layout of your home
- The size of your furnace
- How your furnace was originally installed
- The efficiency and BTU of the heat pump you want
The HVAC company replacing your furnace will consider all of these factors when coming up with the exact cost for the installation.
How to Lower the Cost of Replacing Your Furnace with a Heat Pump
That being said, there are ways to lower the total cost of this kind of replacement. An HVAC technician can visit your home to discuss your options and go over the best and most cost-effective plan for replacement.
Take Advantage of Heat Pump Incentives and Rebates
The first way to reduce the cost involves the grants we mentioned above. Check out the eligibility requirements and apply so you can save. You can search for more money-saving incentives through local power companies, HVAC service providers, and even manufacturers. Some rebates are instant while others may take some time to come in, but it’ll help with expenses either way!
Use the Existing Infrastructure
Another way to lower costs is to use the existing infrastructure. If you’re planning to replace your furnace and AC with a new furnace/heat pump, duct size can be critical to the operation of the heat pump. An HVAC specialist can help determine that for you. Having the ideal indoor and outdoor components may be a balancing act between your existing setup and the new unit that best suits your present HVAC configuration.
Heat Pump Consultation from Delta
Ultimately, the exact cost to replace your furnace with a heat pump cannot be calculated until you’ve had a consultation because it’s specific to your house and your situation. If you’re looking to replace your furnace with a heat pump or just install a heat pump as a supplemental heat source, give Delta a call. We’ll send over an HVAC technician to provide a free consultation. They’ll help you make the right decision for your home and your budget.
Looking to replace your furnace with a heat pump?
Contact the experts at Delta to get started!
Delta Air Systems Ltd. has been proudly serving the HVAC needs of customers in the Kitchener-Waterloo, Cambridge, and Guelph regions for over 65 years. We strive to provide our clients with reliable service and cost-effective solutions.