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$<br />
HOW MUCH<br />
HOW MUCH<br />
ENERGY DO HEAT DO THEY COST?<br />
PUMPS USE?<br />
Since heat pumps donʻt create heat, they<br />
are more energy effi cient than traditional<br />
heating and cooling and can produce two<br />
to four times as much heat energy as they<br />
consume.<br />
Just like any heating or cooling system,<br />
heat pumps are more effi cient in spaces<br />
without air leaks and when properly<br />
installed.<br />
Consumer Reports reported an average<br />
cost of $7,791 for installation or about $1,000<br />
more than the average cost for a gas furnace.<br />
Air source pumps rated for colder climates cost<br />
more. Geothermal heat pumps are typically the<br />
most expensive to install, due to the cost to dig<br />
the pipes.<br />
Starting in <strong>2023</strong>, the Infl ation Reduction Act<br />
authorizes a $2,000 tax credit (and rebates<br />
up to $8,000 for income-qualifi ed households).<br />
GEOTHERMAL/GROUND SOURCE<br />
Although air temperatures above ground change<br />
throughout the day and with the seasons,<br />
temperatures of the earth 10 feet below ground<br />
are consistently between 50°F and 60°F. For<br />
most areas of the United States, this means soil<br />
temperatures are usually warmer than the air in<br />
winter and cooler than the air in summer.<br />
Geothermal heat pumps use the<br />
earth’s constant temperature to<br />
heat and cool buildings. They<br />
transfer heat from the ground<br />
(or water) into buildings during<br />
the winter and reverse the<br />
process in the summer.<br />
SPRING <strong>2023</strong> | 7
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