Many experts consider heat pumps to be the future for maintaining temperature control in Nova Scotia homes. They are considerably more energy-efficient and eco-friendly compared to furnaces, helping to preserve the planet while also offering utility cost savings. Due to advancing technology, most heat pumps, when adequately maintained, can endure an extended lifespan regardless of type and are efficient despite extreme temperature drops. The life expectancy ranges between 15 and 25 years.
In the winter, the system may start to accumulate ice; however, heat pumps perform periodic defrost cycles to eliminate ice from the coils and resume effective heat transfer between the outdoors and the refrigerant.
While updating your heating and cooling system can require a substantial upfront investment, these units offer returns in tremendous financial benefits.
Costs Associated with Installing a Heat Pump
Many Nova Scotia homeowners are considering replacing their existing heating and cooling systems with a heat pump. A primary consideration for most is the costs associated with this switch. Many variables affect the price point for the heat pump and its installation in Nova Scotia, such as brand, system type, model size, and the requirement for installation.
Becoming well-informed allows homeowners to make the most suitable decision for their household. Here are factors to consider when pricing the ideal system for your home.
The size
Heat pump capacity is calculated in tons by manufacturers, with domestic units ranging between 2 and 5 tons. Finding the right size suited for your home is critical to prevent inadequate heating or an unnecessary price for too large of a unit.
Heat pump installers in Kentville factor the square footage of your house, the number of windows, ceiling height, and insulation type.
The brand
A vast range of heat pumps are available on the market. Brands like Nova Heat Pumps offer a wide selection to accommodate different budgets. Before committing to a system, compare models for competitive pricing on the equipment and installation to achieve optimal savings.
The installation
A reputable and qualified heat pump contractor will safely and accurately install your heat pump. Costs for installation vary based on the heat pump type and the existing heating and cooling system and its condition. Proper installation is key for a reliable and long-lasting system.
Costs Associated with Different Types of Heat Pump Systems
Varied heat pump types are available for homeowners to choose from, each with distinct benefits and associated price points. Every homeowner will find a suitable heat pump to meet their home’s needs and fit their budget.
Ductless mini split
With a ductless mini-split heat pump, each room or space in the household (zones) can be heated with individual indoor units. Sometimes multiple outdoor units will be needed depending on the house size.
This is an ideal system for smaller homes without air duct systems since individual blower units can be situated in each zone, run by a single outdoor unit. Despite its size and minimal infrastructure, the heat pump can effectively warm a house when outdoor temperatures reach sub-zero extremes.
Many homes that are currently heating with a radiator or boiler system will not have ductwork. Heat pumps are a much more efficient and cost-effective choice.
Here are the price points to consider for the ductless mini-split heat pump.
- Single-zone system: Prices range from roughly $2700 to $3200. The prices include components such as circuit breakers and disconnects and are tax inclusive.
- Dual Zone system: Elevated costs are associated with these systems, which connect an outdoor unit with two interior units. These require meticulous installation and additional equipment.
For a standard ductless heat pump, the estimated operating cost is approximately $2.07 per day, totaling around $62.10 per month.
Ducted air source
A ducted air source heat pump absorbs outdoor ambient heat and transfers this to the inside to cycle through the duct system to produce comfortable indoor temperatures.
The heat is collected through an outdoor unit and released via an indoor unit. Existing ductwork used with heating and cooling systems functions for a heat pump as well. These are the most commonly installed and among the favored options for residents in Nova Scotia.
The average installation cost ranges from $3,000 to $7,000, encompassing both equipment and installation fees. The price point will depend primarily on the model and system size. More advanced cold-weather systems, effective in extreme temperatures of –20C or below, can range in cost.
Geothermal
Geothermal heat pumps boast the greatest efficiency and an eco-friendly choice, but the upfront investment is higher due to a complex installation process involving extensive excavation or submersion. The price can range from $10000 up to as much as $25000.
This system uses the earth’s constant temperature or a water body to harness heat that will flow through a heat exchanger, which consists of buried loops of piping. The indoor unit receives this flow of fluid and distributes the resultant warm air throughout the home.
While the upfront investment can be considerable, the system gives returns of roughly 65 percent in energy savings. Another consideration is that the heat exchanger system offers an extensive lifespan. When other components wear and need to be replaced, the heat exchanger will be sound.
Rebates and Incentives
Efficiency Nova Scotia is the first organization to offer options for saving on all types of heat pump installations.
The company offers homeowners financing or cash rebates for upgrading their heating and cooling systems. Homeowners have a choice of either 2 percent financing up to $15000 or a $1900 cost rebate available to those who use electricity as a primary heating source.
The provincial government encourages consumers to choose more energy-efficient and eco-friendly systems, such as heat pumps, and incentivizes residents who make this choice.
Researching for additional grants that may be available in your area is recommended. Additionally, it’s advisable to consult with your local heat pump professional for accurate quotes specific to your particular household and to gain insight into financing and rebate options available for you.
Also read: Water Heat Pump: Uses, Benefits and Cost
