Heat pump cost ranges from $500-$25,000. Cost varies greatly depending on the size, brand and type of unit. Heat pump pricing for heat pumps small enough to fit in a window and heat or cool one room is $500-$1500. Heat pump pricing for units large enough to heat a small house range from $2000-$5000. Pricing for heat pumps to heat a large home ranges from $4000-$7000. In-ground and geothermal heat pumps cost more than traditional heat pumps. In-ground and geothermal heat pump cost is around $10,000-$25000 with installation. Location and the contractor also affect the heat pump price. The cost for installation of heat pumps can vary by hundreds or even thousands of dollars per contractor.
Heat Pump Installation Cost
Heat pump prices installed vary greatly depending on location, the size and brand of pump, and the type of pump. In ground and geothermal heat pumps cost considerably more to install than traditional heat pumps cost to install. Heat pump prices installed range from $2000-$25,000. Average installation cost for a traditional heat pump ranges for $2000-$10,000. The cost of in ground or geothermal heat pump installation ranges from $10,000-$25,000.
Geothermal Heat Pump Cost
Geothermal heat pumps are used for both heat and cooling. Geothermal heat pumps use solar energy and pull heat from the ground; they are an excellent environmental choice. Geothermal heat pumps cost more than other types of heat pumps; however, geothermal heat pumps save homeowners hundreds of dollars in energy costs each year. Geothermal heat pump cost is about double the cost of other types of heat pumps. Geothermal heat pump prices range from $10,000-$25,000 with installation.
Ground Source Heat Pump Cost
Ground source heat pumps use the ground or ground water to produce energy. Ground source heat pumps are called earth-energy systems. Ground source heat pump prices range from $10,000-$25,000 with installation. Prices vary per location and from where the heat pump is purchased.
Ductless Heat Pump Cost
Ductless heat pumps are easy to install, quiet, offer better air quality in the home than vented heat pumps, and are very energy efficient. How much does a ductless heat pump cost? Ductless heat pumps cost less than many other types of heat pumps. Ductless heat pump prices are around $4000 installed. However, one $4000 ductless heat pump will only heat one area of the house, so homeowners may have to either buy a far larger ductless unit or two or more ductless heat pumps to heat their home.
Heat Pump Compressor Cost
Many times when a heat pump breaks down, the compressor needs to be repaired or replaced. Heat pump compressor cost ranges from $300-$1500, depending on the size and brand.
Heat Pump Sizing
Heat pumps are available in many different sizes ranging from 1-ton to 5-tons. Without installation, 2 ton heat pumps cost around $3000 and up, 3 ton pumps cost $3000 and up, 4 ton pumps cost around $4000 and up and 5 ton pumps cost around $5000 and up. Heat pump prices vary greatly per manufacturer. The cost of heat pump installation is higher for larger heat pumps than for smaller heat pumps.
2 Ton Heat Pump Prices
2 ton heat pump prices vary greatly per manufacturer and whether they come with air handles, heat strips, a furnace, a thermostat or a variable speed air handler. 2 ton heat pump prices range from $1000-$3500 without installation.
2.5 Ton Heat Pump Prices
2.5 ton heat pump price ranges from $1200-$3500 without installation. 2.5 ton heat pump cost is affected by whether it includes air handles, heat strips, a furnace, a thermostat or a variable speed air handler.
York Heat Pump Prices
York heat pumps tend to be slightly more expensive than many of the other heat pump brands. The 2 ton York YZH heat pump costs around $2500 without installation. A 3 ton York YZH heat pump costs around $2800 without installation. A 4 ton unit costs around $3200 without installation. A 5 ton unit costs around $3500 without installation.
Tempstar Heat Pump Prices
Tempstar heat pumps come in several different sizes to suit homeowners’ needs. 2 ton Tempstar heat pumps start at $1200 without installation. 3 ton units start around $1300 without installation. 3.5 ton unit prices start at $1400 without installation and 4 ton units start at $2100. The largest Tempstar residential heat pump is 5 tons; 5 ton units start at $2500.
Aquacal Heat Pump Prices
Aquacal heat pumps are manufactured for swimming pools and hot tubs, not for home heating. Aquacal heat pump prices range from $2000-$4000 without installation, depending on the size and style of heat pump and where it is purchased. The Aquacal Super Quiet Heatwave 100,000-BTU heat pump costs around $3500 without installation. The Aquacal TropiCal 112,000-BTU heat pump is around $2500 without installation.
Buying A Heat Pump
Buying a heat pump is a serious decision and it is important that homeowners research their thoroughly before purchasing. Heat pumps are not the best choice for everyone; those with homes located in areas that have temperatures that regularly drop below 40 degrees Fahrenheit are better off with a furnace than a heat pump. Heat pumps are best for people located in warmer areas as they do an excellent job cooling homes during hot weather and warming homes during moderately cold weather. It is important that homeowners purchase the right size of heat pump, as too small of a pump will not cool and warm the house properly. It is best to contact a professional contractor to ensure you get the right size of heat pump to fit your home. Homeowners should research their heat pump contractor carefully to ensure they get one that is reliable and equably priced.
Goodman Heat Pump Prices
Goodman heat pumps come with a lifetime warranty on their compressors and a ten year warranty on their heat pump parts. For residential homes, Goodman heat pump prices range from $5000-$18,000 with installation. Goodman residential heat pump prices vary depending on the size of heat pump and whether it has an air handler or not. Goodman heat pumps without installation cost $2750-$4750. Without installation, a 3 ton Goodman heat pump costs $2750 and up. Without installation, a Goodman 3 ton heat pump with a variable speed air handler costs $3750 and up. Without installation, a 4 ton unit costs $3000+. Without installation, a 4 ton unit with a variable speed air handler costs $4250 and up. Without installation, a 5 ton unit with a variable speed air handler costs $4750 and up.
Trane Heat Pump Prices
Trane heat pumps are some of the most efficient types of heat pumps. Trane heat pumps are available in four sizes. For residential homes, Trane heat pump cost ranges from $8500-$16,000 with installation. Without installation, 2 ton Trane heat pump price ranges from $1000- $5500, 3 ton units cost from $1200- $6000, 4 ton unit cost ranges from $1500- $6500, and 5 ton units cost from $6500-$7000. Trane heat pump prices are higher for heat pumps with a furnace and thermostat than for a basic heat pump without a furnace and thermostat.
Carrier Heat Pump Prices
Carrier heat pumps are available in 3 ton, 3 ton with air handler and heat strips, 4 ton and 4 ton with air handles and heat strips. For residential homes, Carrier heat pump prices range from $7000-$25,000 with installation. Carrier heat pumps with air handles and heat strips are double the price of Carrier heat pumps without air handles and heat strips. Without installation, a 3 ton Carrier heat pump costs $3000-$3500. A 3 ton Carrier heat pump with air handles and heat strips costs around $8000 without installation. A 4 ton unit costs around $3500-$4000 without installation. A 4 ton unit with air handles and heat strips costs around $8500 without installation.