Air heat pump and house

Do Heat Pumps Save Money?

With ductless heat pumps now an option, more and more Canadian homeowners are looking at investing in heat pumps. 

 

But is it worth the investment?

 

We take a look at heat pumps and whether they’re worth the money.

 

Will Heat Pumps Save You Money?

 

Long story short, yes, heat pumps will save you money. Let’s understand how they are able to do that.

 

Harvesting Energy

Heat pumps have two components. One sits outside and feeds air to the inside unit, which then expels it into the home.

 

In the winter, the heat pump takes the heat from outside and transfers it indoors using a refrigerant. (Yes, the heat pump is able to collect heat during a Candian winter.) This means, essentially, you are harvesting free heat from the outside and using it in your home.

Air heat pumps beside house

Despite being called a heat pump, this machine is able to work similarly in the summer. Taking the cold air from outside, it is able to bring it inside, thus cooling your home.

 

Saving Money

Heat pumps rely on electricity. This does mean you will likely see your electric bill go up. However, you will see savings on other bills. 

 

Since you are relying less on your furnace or air conditioning unit to heat/cool your home, your heating and cooling bills will go down. Some reports say you will see a 50-60% decrease in your bill.

 

This means you will be able to pay off your initial investment of the heat pump in no time. Depending on the type of heat pump you choose and how often you use it, you will be saving enough money to equal the initial purchase in one to five years.

 

Speaking with a professional heating company in Calgary can always help you determine whether a heat pump is the right choice for you and your home.

 


When you need a plumbing and heating company in Calgary, turn to Western Canadian Furnace Company. We have some of the most experienced technicians and use the most modern equipment for all of your needs. Contact us at 403-531-6181 or send an email to [email protected]

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email