Heat pump Prices are varied according to the state you live in or if it is available in other countries. First, you need to budget to spend anything from as low as $1,500 to the higher limit of $10,000. There are many brands available such as Trane, Rudd, American Standard, Goodman, Amana and Bryant just to name a few. These brands are generally well known and the functions of these heat pumps are worth the money you spend.
When you make a decision to either replace or have a new heat pump installed, the pricing factor is one of the first components to look at. While some heat manufacturing companies charge around $500 for installation costs and labor, others include it in the price. An example would be: A $10,000 heat pump would have the labor, cost of installation and transport all included. It would be a packaged deal.
A good heat pump costing around $5,000 would In general pricing of heat pumps with warranties applicable at National level and for the states of Florida and Canada are different. Again this depends on the state you live in.
Usually for a price of around approximately $3,500 you could expect to get 5 years warranty on the components, labor, and a further 5 years on the compressor and a generous lifetime on the heat exchanger. Some companies give you additional components along with the heat pump.
The best method is to check with dealers that sell heat pumps. You can familiarize yourself and make a note of the different pricing structures. If your budget is $3,500, then look for a unit that gives you free labor included with the unit. This is very important and if you can get labor free, then you are able to cut down a lot on the cost.
Most brands offer extended warranty. However, this has to be paid for and usually costs anything from $1,000 per annum. If you are able to cut a few corners by getting a technical expert to do the servicing of the unit, you will be able to save the additional $ 1,000 that you would otherwise have paid. Checking with friends or anyone known in the heat pump industry, you will be able to have this done as a favor and prevent yourself from having to incur additional costs.
Whatever the case may be, when you buy a heat pump, do make sure that you get a comprehensive warranty especially if you are going for the upper limit of $5,000 or more.
The best way to get a reasonable price is asking for local contractors’ bids and compare. You can click here (Only For US) to free estimate your local contractors’ price online.