Replacing A Furnace With a Heat Pump: Year-Round Benefits
When it comes to heating your home, there are more options now than ever. Replacing a furnace with a heat pump has gained a lot of traction among these options. But why are homeowners increasingly considering furnace replacement with a heat pump?
In my experience, heat pumps are some of the most energy-efficient and dependable HVAC systems I’ve ever worked with. I’ve been installing and servicing HVAC systems for years now, and it’s interesting when you see different trends in the industry. The move towards heat pumps has been noticeable—and with good reason.
In this article, I’ll tell you a bit more about:
- The benefits of replacing a furnace with a heat pump
- Heat pump installations vs. conventional furnace installations
- Maintenance of a heat pump
- Heat pump furnace replacement: What it costs
If you are looking for help with a heat pump installation or a furnace replacement in Ocean City, NJ, or any of the surrounding South Jersey areas, call us at (609) 390-3907 or click on the button below to contact us online!
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3 Benefits of Replacing a Furnace With a Heat Pump
- Energy Efficiency: Heat pumps transfer heat rather than generate it, making them more energy-efficient. The cost of electricity is also usually more stable than the cost of natural gas or oil.
- Cost-Effective: Over time, heat pump systems can significantly save on energy expenses compared to a furnace.
- Year-Round Comfort: Heat pumps provide heating and cooling, offering year-round comfort. Furnaces only offer heat, so you’ll need an additional AC unit to keep you cool during summer.
Ducted Heat Pump System Vs. Mini Split Heating and Cooling
When it comes to heat pump system installation, there are primarily two options: ducted systems and mini splits. Ducted systems use ductwork to distribute air throughout the home or business, whereas mini splits are ductless. They use a condenser outside that runs a small tube indoors to wall-mounted air handlers that distribute the air.
Both have advantages and disadvantages. In areas like ours, we see all different types of construction. Our area has many older homes, newer ones, and small and big commercial buildings. We like to look at the space and determine which option is best for the particular space.
We have seen a growing popularity of ductless mini splits. They are very flexible when it comes to where they can be placed and offer some added customization of your comfort. You can zone your heating and cooling with mini splits so that different rooms can have different temperatures. This is helpful in homes where people fight over the thermostat.
This zoning also offers added energy savings. Instead of paying to heat and cool unoccupied rooms, you can use each mini split independently, making it more cost-effective when it comes to your energy bills.
Heat Pump System Installation vs. Conventional Furnace
Compare: Replacing an Electric Furnace With a Heat Pump
When you replace an electric furnace with a heat pump, you are opting for a system that uses less energy and can reduce your electricity bills. Both systems use electricity, but heat pumps are usually more energy efficient.
Compare: Replacing an Oil Furnace With a Heat Pump
Oil furnaces come with fluctuating oil prices and maintenance demands. On the other hand, heat pump replacement offers a more environmentally friendly solution and can save homeowners on fuel costs.
Oil also requires you to fill your tank every so often. This can become a chore, and if you don’t have the tank filled on time, you could risk being without heating for a bit.
Compare: Replacing a Gas Furnace With a Heat Pump
Replacing a gas furnace with a heat pump means avoiding the potential dangers of gas leaks. Gas furnaces produce emissions that are vented out of your home. One of the most dangerous ones is carbon monoxide (CO). This is a colorless, odorless gas that is poisonous and even deadly. You should have a CO detector in your home if you have a gas furnace.
Additionally, you may benefit from increased energy efficiency. Heat pumps are generally more energy efficient than gas furnaces and will help save money on energy bills.
Maintenance for a Heat Pump
Heat pump maintenance is generally straightforward. Regular checks, cleaning, and ensuring the system remains free of obstructions will help it run efficiently and get the most out of it.
It pays to have a professional technician inspect and service your heat pump at least once a year. According to the U.S. Department of Energy (DOE), the difference in energy use between a well-maintained heat pump and a severely neglected one ranges from 10 to 25 percent.
Heat Pump Furnace Replacement: What it Costs
Replacing a furnace with a heat pump is a significant investment. However, the returns in energy savings and increased home value make it worthwhile for many homeowners. According to a recent study by Architectural Digest, the average cost of a heat pump is between $4,200 and $7,600.
The costs can exceed $10,000 depending on the size, brand, efficiency rating, and other factors. Depending on those factors, you can expect to pay $5,000 or more for a new heat pump.
The Inflation Reduction Act can help offset those costs, offering tax credits of up to $2,000 on high-efficiency heat pumps. To help reduce our carbon footprint, the government is offering these incentives to businesses and homeowners who want to upgrade their HVAC systems while also helping the environment.
Average Winter and Summer Expenses
Heat pump system installation costs may seem high initially, but the savings come in monthly utility bills. Over time, especially during the peak summer and winter months, you will notice significant reductions in energy expenses.
Heat pumps can operate up to 30 percent more efficiently than standard AC systems and up to 70 percent more efficiently than standard heating systems. You can expect to see savings each season if you make the switch from a conventional HVAC system to a heat pump.
Heat Pump System Installation in Northfield, NJ
If you are interested in a heat pump installation in Northfield, NJ, and considering a furnace replacement heat pump, there is no need to look up “heat pump replacement near me” online! One of our experts from Broadley’s can help you choose the right system for your home and walk you through the installation process.
Schedule A Heat Pump Consultation
FAQs
What size heat pump do I need for a 2,000 sq. ft. home?
Typically, for a 2,000 sq. ft. home, you’ll need a heat pump that provides 3 to 4 tons of cooling. However, insulation and house design can affect the required size. We can help you choose the correct size.
When should I replace my furnace with a heat pump?
Is your furnace more than 15 years old and requires frequent repairs? Are you looking for a more energy-efficient heating and cooling solution? Consider replacing your furnace with a heat pump.
Do heat pumps run longer than a furnace?
Yes, heat pumps often run for longer durations than furnaces. This is because they operate at lower capacities, ensuring consistent temperatures and better energy efficiency.
Make the Switch Today!
The decision to replace a furnace with a heat pump offers a range of benefits, from energy savings to better home comfort. Are you ready to go green and replace your old HVAC equipment with a new heat pump for your South Jersey home? Call today at 609-228-9763 or request service online for a free consultation on the advantages of a heat pump over a furnace.