Heat Pump Replacement
In Northwest Arkansas & thinking about replacing your heat pump? Read on.
Tips for saving money
Despite what heating and air contractors try to tell themselves, no one likes to replace their heat pump or HVAC system. There is a bit of a silver lining though: if done right, you can save a substantial amount of money when replacing an aging or broken heat pump. Here's a few essentials if you're going to reduce that costly investment as much as possible:
1. Get all the utility rebates you can. Local utilities like SWEPCO and Black Hills offer thousands of dollars in rebates for buying energy efficient systems, with SWEPCO alone offering a heat pump rebate of up to $2,200. You can find the rest of them here.
2. Think hard on repair vs replacement. A lot of people get stuck in the predicament of having to choose between an expensive repair for an aging heat pump vs just getting a new one. A couple things need to be considered:
- I. Age of your system. The average heat pump in the United States lasts 15 years. If you're close to that, you may strongly consider replacement. If not, repairing your current unit is probably the way to go. Keep in mind that if your system is "builder grade" (was installed with the house), it may last much less than average.
- II. Type of refrigerant in your system. If your heat pump uses R-22 refrigerant, you'll want to skip the repair and get it replaced. R-22 was banned from manufacturing on January 1, 2020. Pricing for it is obscene and will only go up as existing supplies of it run out.
3. Get multiple quotes. "Duh", I know, but you'd be surprised how many people just get one quote for a heat pump replacement. Always play it safe and get two or three quotes to make sure no one is trying to take you for a ride.
Need a heat pump quote? Call Franklin at (479) 282-0003 to schedule.
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