Far and away the most common question we’re asked by homeowners we visit is, “How much do these machines cost anyways?”.
There are three things that play a role in the cost to install a ductless mini split heat pump in your home. They are:
- The size and layout of your home
- Your current electrical service and available space on the panel
- Installation location
The size and layout
The larger your home, the larger the unit you need to heat and cool particular areas. Also if you’re looking to heat more than one area such as the upstairs and downstairs of a split entry home than two indoor units will be required instead of one.
Older homes that tend to be more “cut up” with smaller rooms and more of them can sometimes be challenging to install ductless heat pumps in. This isn’t to say it’s not possible, but having a consultation with a heat pump expert from Conroy’s HVAC will allow us to come up with a plan on how you can take advantage of these machines to increase comfort and reduce energy costs.
Your Current Electrical Service
In most instances, your home’s electrical panel will have ample physical as well as service space (most ductless heat pumps require between a 15 amp to a 30 amp breaker). In the case of an older fuse panel or an electrical panel that is physically full, a pony panel can be added for additional physical space for the breakers.
In the off chance that your panel is also full from a service perspective (e.g. you have a 100 amp service but are currently loaded such that no additional equipment can be added) we will discuss your options with you.
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From a labor perspective the easier the installation, the quicker it will take to install the system(s). During an in-home consultation, one of our heat pump experts will inspect the interior and exterior of your home to scope the best location to install the outdoor unit as well as the indoor unit(s).
So what do they cost?
There are two ways to install ductless heat pumps in your home, single and multi zone machines. A single zone heat pump is one that has one outdoor machine matched with one indoor machine. A multi-zone system has one outdoor unit matched with two or more indoor units. Multi Zone is used when there is more than one area of the home you would like heated and cooled.
Pricing for a single zone heat pump ranges from $4,000 to $5,000 depending on the model, efficiency and installation complexity. This price includes the equipment, accessories, labor from our red seal journeyman refrigeration technicians as well as the electrical line run from your service panel to the machine outside.
Pricing for a dual zone heat pump (2 heads) starts at $7,800 to $8,200. There is a range of combinations of outdoor and indoor unit sizes that adjust the price of these machines slightly as well as the location and complexity of install.
If you’re thinking you’d like to have a tri or quad zone (3 or 4 indoor heads) we suggest contacting us to arrange for a risk-free, in-home estimate with one of our heat pump experts.
Financing your Heat Pump Purchase
Nova Scotia Power offers competitive on-bill financing for ductless heat pump machines up to 10 years at a rate of 7.0%. Repayment is made directly on your bill during your monthly or bi-monthly billing period. Contact us if you’re interested in learning more about financing and one of our representatives can help you get started with the process.
If you have an electrically heated home there is a rebate available from Efficiency Nova Scotia’s Green Heat program. This rebate requires you to attain a quote from a qualified contractor installing one of the approved cold climate heat pumps for Nova Scotia. We only install machines that are approved from the Cold Climate list.