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Should I Install a Heat Pump to Save Money on Electricity?

 

Heat pumps are known as the precursor to central air conditioning systems, but modern heat pumps can be a great option for those looking for a more sustainable heating and cooling system for their homes. If you’re looking for an alternative to an HVAC system, a heat pump may be a great fit. Learn more about the ins and outs of installing a heat pump. 

 

Pros of Heat Pumps

Heat pumps have several advantages over centralized heating and cooling systems, such as the following: 

 

Cost Savings

Using a heat pump can save you money in the long run. Rather than generating heat or cooling, heat pumps “pump” cold or hot air into your home from the outside. This is reflected in your electricity bill. 

 

Energy Efficiency

Heat pumps have gained popularity for heating and cooling homes due to their relatively eco-friendly operation and efficiency. Air is never heated or cooled more than necessary, so no energy is wasted in the air conditioning process.

 

Safety

If your choice for heat is a furnace, then using a heat pump for both air conditioning and heating is a much safer option. Heat pumps don’t require carbon monoxide or combustion to operate, making them safe to use year-round.  

 

Cons of Heat Pumps

Just like centralized air conditioning systems, heat pumps aren’t the perfect solution. Here are a few notable drawbacks of heat pumps:

 

Initial Cost

A heat pump comes with a much higher upfront cost than a mid grade central air conditioning system. Central AC systems cost about $5,500 on average to install, while a heat pump can cost closer to $7,000 on average for installation. The purchase cost is much closer in comparison.

 

Susceptibility to Outside Temperature

Your heat pump will work just fine during the summer, as long as you keep it free of debris. However, once the temperature drops below freezing in the winter, the fully-electric side of the heat pump may be necessary. Heat pumps are being made more durable now, but the technology is still catching up to these extremes in temperature. 

 

Noise

Heat pumps tend to have longer running cycles than air conditioning units, so there will be some level of noise the whole time it’s running. They also have start up noises that may be startling until you get used to them. Just like a central air conditioner, however, when you start hearing new noises, it’s time to get the unit checked out by a professional. 

 

At Pronto Power, we encourage customers to save on electricity any way they can. If you’re looking to save on your monthly electric bill with prepaid power, get started today by giving us a call at 844-621-2852.

 

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