Everyone likes saving money, and as the weather continues to get colder, a heat pump is a great way to do just that. A heat pump will lower your bills because it uses less energy to operate than a traditional heating and cooling system.
Heat pumps are able to perform both heating and cooling functions while at the same time using less energy because rather than generating hot or cool air, they simply move heat from one place to another. They can cool your home during the summer by moving heat from inside to outside, and in the winter they pull heat from outside and move it inside.
Heat pumps cost more up front than a furnace or an AC unit, but they go on to save households an average of $500 a year. On top of that, thanks to the Inflation Reduction Act, homeowners who decide to switch to a heat pump can save thousands of dollars. Homeowners who install a heat pump can get a tax credit of up to $2,000, and qualifying low-income households have the potential for a rebate of up to $8,000.
🗣️ Which of these factors would most effectively motivate you to buy a heat pump?
🔘 Lower energy bills 💰
🔘 Better temperature control 🌡️
🔘 Helping the planet 🌎
🔘 I'd never buy a heat pump 🚫
🗳️ Click your choice to see results and speak your mind
Homeowners can check out EnergySage's heat pump marketplace to find out how to save the most when switching to a heat pump.
💡Save thousands with a heat pump
A heat pump can save you thousands of dollars in heating and cooling costs — but first you have to find the right installer at the right price.
Use EnergySage's free tool today to find local options, compare prices, and see how much you can save.
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Heat pumps aren't just better for your wallet, they're also better for the environment. By using less energy to operate, heat pumps cause less carbon pollution, which contributes to the overheating of the planet and extreme weather events that can threaten lives and the global food supply.
However, it should be noted that heat pumps lose their effectiveness in extreme cold, but they're a great way to save money on energy costs for most of the year, even in areas that experience extreme cold during the winter months.
One Reddit user praised their heat pump's efficiency during winter, stating: "I have a mini split for my upstairs loft 200sq foot and 3 or 4 years ago it got down to about -20F and it worked and kept my room comfortable until it got down to -16F. I did have to go into defrost mode but I was surprised how long it lasted until it gave me an error. Heat pumps are pretty amazing."
Another Reddit user said, "It is unbelievable how fast it cools and heats the room."
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