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“Since heat pumps transfer heat from one place to another rather than generate it through the combustion of fossil fuels, they’re up to four times more efficient than a natural gas furnace, depending on the local climate, according to a Rocky Mountain Institute analysis. Equipment and installation costs typically run from $4,000 to $12,000 for an air-source heat pump, depending on the size of the pump, the brand, and whether you use a ductless system. That compares with $2,000 to $6,000 for a gas furnace, but the U.S. Department of Energy estimates that a heat pump can lower a homeowner’s energy costs by hundreds of dollars a year.

Meanwhile, a study published in October in the journal Nature Energy found that houses with heat pumps get a premium of as much as $17,000 on average when they sell. The environment also benefits: A 2018 paper published in the Electricity Journal found that air-source heat pumps could reduce household greenhouse gas emissions from heating in California by as much as 54%.”

Read more about the efficiency of heat pumps here.

Purchasing a heat pump for heating and cooling your home is a wise investment. You’ll save money throughout the years while also increasing the value of your home. Plus, as noted above, cutting emissions up to half that of natural gas systems will help the environment tremendously. As the technology of heat pumps improves, the installation cost will likely decrease and their efficiency will increase.

The team at Temperature Control Specialties offers installation of the finest heat pumps from Trane. Call us at (317) 247-7663 or visit our heat pump page to learn more about this emerging technology.