Archived copies of the article: archive.today ghostarchive.org web.archive.org
The paper the article is about is here and its press release
Archived copies of the article: archive.today ghostarchive.org web.archive.org
The paper the article is about is here and its press release
In addition to Thejevans points, your cost estimate is very high. That cost would be in line for a geothermal heat pump, which is far more efficient. Air to air heat pumps can be installed for more like $3-10k in most residential homes. And on the higher end that is a big house that is probably saving more than $550 a year.
Can you show me where you’re getting those figures? I was basing my estimate on a quick google search of prices, and the estimate provided for air-source heat pumps here. (MassSave is an organization that promotes energy efficient and climate friendly appliance solutions in Massachusetts), which seems to suggest $22,000 is an average cost, which is in line with the other estimates I was finding. ($10-$20k to buy the unit and $15-$30k including installation.)
Edit: To be clear, I’m not trying to be contrary or argumentative; I’ve been looking into heat pumps as a possible option for us for years and if they’ve become justifiable from a cost perspective, I’d love to get those details.
I looked up prices in Massachusetts, they are higher than the national average. Looks like 2 main factors:
1 A higher than usual percentage of mini splits vs central air. These will be more efficient and have a lot of comfort benefits, but are considerably pricier then retrofitting a central air system. So if you are retro fitting CA, you could come in under average.
2 MAs impressive $10k+ incentive system for whole home heat pump systems has resulted in HVAC companies raising prices, because of course it has. This is why we can’t have nice things.