When asking if a heat pump is worth it, homeowners usually consider cost the most important factor.
Your initial purchase and installation are one expense, but you also need to consider the ongoing cost of maintenance. Cost can also be a favourable quality in this instance; heat pumps can help you save money by lowering your household’s energy usage.
The truth is that cost is relative to each homeowner, even if they upgrade their heating system. Energy rates change, and the fluctuation can impact how much you pay.
The best way to guarantee you save, however, is to invest in equipment that’s proven to consume less without compromising performance.
Do Heat Pumps Really Pay for Themselves?
Heat pumps are resilient, long-lasting and can save you hundreds of dollars a year over time. The bigger question isn’t whether you will earn back what you spent. Instead, it’s a matter of how long it will take as well as what type of heat pump you buy.
Your Model Affects the Ultimate Return on Investment
Because there are many different types of heat pumps, you may spend more on one and see less return on investment. Being conscious about the real value behind each model is crucial
Relying on an expert opinion is best because they can help you choose the right make and model for your home. You should have a design that suits your family’s consumption.
Be on the Lookout for Rebates
Different provinces offer varying water pump rebates that can reimburse a portion of your installation costs. Savings can range between $1,200 to $2,500. Our guide on Canada heat pump rebates by province can help you find out what you stand to save.
Why Heat Pumps Are a Worthy Investment
The traditional furnaces, boilers and baseboard heaters that Canadian homes use have a negative impact on the environment. In an effort to conserve energy and protect the planet, many homeowners are making the change to eco-friendly heat pumps.
At Daikin Atlantic, our expert heat pump dealers can help you choose the perfect model for your home’s upgrade.