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Since 1976

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Michall Daimion Heating & Air Conditioning, Inc. Blog

How to Make Sure Your Heat Pump Installation Saves You Money

Heat pumps are all anyone talks about when it comes to home heating and cooling, and there are a few good reasons for that. The most prominent is that it saves you money on a day-to-day basis, which is a pretty compelling reason to consider one.

Heat pump installation in Chester. PA means that you can replace your air conditioner and your furnace with a single heat pump unit. 

Make Sure You’re Eligible for a Government IRA Program

The Inflation Reduction Act or IRA was launched on January 1st, 2023. It’s expected to last until 2029 and may be extended beyond then.

Through the IRA, hundreds of billions of dollars are available through tax incentives and instant rebates. This means that a few programs could help you offset the cost of a new heat pump (since they are more expensive than air conditioners).

However, some of these are income based, so you should do your due diligence and see how much you actually stand to gain from them. Still, it’s better than paying the full sticker price when you don’t have to.

Test Your AC and Heater Efficiency

If you have an electric furnace and an air conditioner that’s only a few years old, a heat pump might not be the best idea–at least not right now. Heat pumps are still superior, but that’s a lot of mileage left on your current cooling and heating solutions.

Compare the energy efficiency of your current systems against what you could expect to save with a heat pump. While you’ll likely still have some efficiency to gain (which means you save money), it might be negligible compared to your current expenses.

But if your AC is 5+ years old and you’re using a combustion-based furnace? It’s likely that a heat pump will be an immediate and welcome upgrade over your current systems.

How Cold Does it Get?

Heat pumps are super effective, but they have different operating ranges than a combustion-based furnace does. If you’re just concerned with your heat pump replacing your current heating system, this may interest you.

Most heat pumps are efficient, but only as low as 5° F. Here in PA, it can get mighty colder than that. If you have a fireplace or a wood-burning stove, this can be used to heat your home if it hits below 5° F. If not, this could be a bottleneck that you might not be able to avoid.

Heat Pumps Save You Money

In the long run, heat pumps will save you money on your heating and cooling costs every single day. They’re more efficient, use less power, and provide the same level of comfort that your current HVAC systems do.

Plus, it’s fewer things to maintain throughout the year, too. If a heat pump sounds like an investment you want for your home, contact us today to schedule your heat pump installation and we’ll help you revolutionize how you enjoy comfort in your own home.

Contact Michall Daimion Heating & Air Conditioning, Inc. to schedule your heat pump installation as soon as possible.

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