How Much Does a Typical Heat Pump System Cost?

How Much Does a Typical Heat Pump System Cost?

Heat pump technology has witnessed tremendous improvement in the past years, and these devices are the best option to keep your homes warm. Experts say a heat pump is better than a baseboard heater or a furnace because it helps reduce the electricity bill by around 50%.

Since heat pumps are a must-have at home, we should know their prices and the labor cost of installing them. What determines the cost of a heat pump, such as the Bosch residential HVAC system in Los Angeles?

The following points will help us understand the heat pump installation costs and the factors influencing them.

Installation Cost of Heat Pumps

The new heat pump’s price may range between $3,875 to $7,625 depending on the home size, brand name, and energy-efficient ratings. We will look into the prices of the most common types of heat pumps below.

  • Mini Split Heat Pump

A mini split heat pump often comes with multiple air handlers serving different zones within our houses. One of the benefits of a mini-split heat pump is the air does not run through the ducting system.

You need to pay around $2,000 to $14,500 to install the mini split heat pump system, depending on the number of zones.

  • Geothermal Heat Pump

Geothermal heat pumps comprise refrigerant lines located beneath the ground or water. These are highly expensive, but they’ll help to reduce electricity bills significantly. Moreover, they are environment-friendly.

Their price ranges between $6,000 to $20,000. However, a few other geothermal pumps may cost around $30,000, depending on the extent of the excavation and labor work for installation.

  • Solar Heat Pump

The solar heat pump requires the installation of separate solar panels to power the system unit compressor. A few pumps also heat the fluid to increase the unit’s efficiency.

Solar heat pumps are more expensive than other pumps and cost between $18,000 to $39,000.

  • Air-Source Heat Pump

A Bosch air-source heat pump in Lawndale costs between $4,500 to $8,000, including the installation fees. However, its higher-end units cost around $10,000.

  • Dual Fuel Hybrid Heat Pump

A dual-fuel heat pump uses gas and electric heat to maintain the desired temperature in the home. It may cost around $2,500 to $6,000 if we add a heat pump to an existing furnace. However, installing a new dual-fuel system will cost around $4,500 to $10,000.

Essential Factors That Influence a Heat Pump's Price!

A wide range of factors is involved in determining the average cost of a heat pump. That is why we should contact a local HVAC technician for more information. For instance, if you are interested in knowing Bosch heat pump costs in Lawndale, the installation prices would differ from HVAC company to company in the specific area.

Meanwhile, here is a list of factors that influence a heat pump’s price:

  • Size and type of home structure
  • Type of heat pump system
  • Region’s climate
  • Backup heat source, if needed
  • Condition or quality of the existing ductwork

Wrapping It Up

Most residents are switching to heat pumps because they can be installed anywhere in the house. They are environment-friendly, easy to maintain, and help maintain energy bills.

Dr. Ductless is a renowned heating provider who specializes in the installation and service of HVAC systems in an efficient manner. If you are considering whether investing in Bosch residential HVAC in Los Angeles is worthwhile, we’ll help you figure it out. Call (213) 916-0005 for expert assistance on HVAC matters.


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