The expenses associated with installing and operating various types of heat pumps differ in several ways. Geothermal heat pumps tend to have a higher installation cost compared to air source heat pumps, as ground source systems involve digging down to access heat sources and more complex heat transfer mechanisms. The overall cost might also vary depending on your property’s terrain.
Operating and Repair Costs of Heat Pumps
The expenses related to operating and maintaining a heat pump hinge on the system type you have. Ground source heat pumps tend to be more cost-effective to operate due to the consistent temperature of the ground and water, enabling the heat pump to function efficiently. Moreover, these units are shielded from outdoor weather conditions, resulting in less wear and tear.