A combination furnace and air source heat pump system (also know as “dual fuel”, or “hybrid heat”) is one of the most efficient ways to heat and cool your home.
A heat pump looks exactly like a typical central air conditioner on the outside. On the inside, however, are controls that allow it to run in reverse when your home needs heat. Depending on electric and natural gas rates, the heat that is generated costs less than the price of the most energy efficient natural gas furnaces. Heat pumps transfer heat from the outside air, to the inside of your home, even when it’s 10 degrees outside, there is still heat in the air. The “balance point” is where your heat pump shuts down and your furnace takes over. Balance points range from 10-30 degrees, and is affected by the size & type of equipment, home insulation, lifestyle, and comfort.
How much more is a heat pump, compared to a central air conditioner? Prices will vary based on size, model, and installation. A ballpark cost difference between an air conditioner and a heat pump is about $1200. The cost to upgrade from an air conditioner to a heat pump, however, could pay for itself within a few years. Propane and fuel oil customers will see a quicker payback. Heat pumps are an excellent hedge against variable energy prices.
Many utility companies offer a reduced electrical rate when heat pumps are used. In addition, a number of manufacturer rebates are available on new heat pump systems.
Contact us for a free, no obligation quote on a new heat pump system.