The cost to install a heat pump in Portland averages out to about $7,500. But some installations cost as little as $5,000 and as much as $11,000.
That’s a $6,000 price range between lowest- and highest-priced outliers. Pretty significant. So what’s causing such a wide price range?
Generally speaking, the price of a heat pump installation comes down to four factors:
- The size of the heat pump unit
- The efficiency of the heat pump unit
- The warranty selected by the customer
- The contractor selected by the customer
This article will review all four of the above cost factors and give you a better idea of what goes into heat pump installation prices. What this article won’t tell you for sure is how much you’ll pay for a heat pump. For that, you’ll need an in-home estimate by a trusted HVAC contractor.
Once you have a better picture of the price factors involved, the next step is to schedule a free estimate with Four Seasons, either by calling us at 503-538-1950 or scheduling your estimate online.
Price Factor #1: The size of the heat pump unit
When it comes to heat pump size, there’s one obvious fact and one not-so-obvious fact that homeowners should understand:
- Obvious fact: Bigger heat pumps cost more to install.
- Not-so-obvious fact: Bigger has nothing to do with better in the case of heat pumps.
Let’s talk about that not-so-obvious fact, shall we?
It seems pretty obvious that bigger heat pumps should add to the overall comfort level of the home. But this is a major misconception. In fact, a large heat pump installed in a small home would cycle between on/off too frequently, which will wear down its parts and lead to more frequent repairs.
It may also seem obvious that buying a smaller heat pump could save you money. But if the heat pump is too small for the home, it will struggle endlessly to keep it warm/cool. Not only will your energy bills be higher, but your heat pump will age faster, too.
The best size for a heat pump is the size that’s just right for the home. That means scheduling an HVAC expert to perform a load calculation on your home. This load calculation assesses factors such as:
- The number of windows and doors in a home
- The number of rooms in a home
- The square footage of the home
- Orientation of a home (east or west facing), along with shade (number of trees on the property)
- ...and many others.
Price Factor #2: The efficiency of the heat pump unit
Efficient heat pumps cost more than less efficient heat pumps to purchase outright. But efficient heat pumps also save homeowners money over time in lower utility bills.
Efficiency is definitely a fact worth considering when selecting a brand new heat pump.
Now then, heat pumps measure efficiency in two ways:
- SEER ratings measure cooling efficiency
- HSPF ratings measure heating efficiency
Let’s take a look at both measurement scores in more detail.
SEER (Seasonal Energy Efficiency Rating)
A SEER rating tells you how efficient the heat pump is at cooling your home. The higher the SEER rating, the more efficient the unit, and the more money you’ll save on your energy bill every month.
SEER ratings for range between 14 and 24 for homes across the U.S. For the Portland area, we recommend heat pump SEER scores between 14 and 18 for most metro area homes.
HSPF (Heating Seasonal Performance Factor)
A heat pump blows both warm and cool air into a home. Because SEER only measures a heat pump’s cooling efficiency, another score is required to measure heating efficiency. That’s where HSPF comes into play.
HSPF has a rating between 8.2 and 10. The higher the number, the more efficient a heat pump heats a home. For Portland, we recommend an HSPF score between 8.2 and 9 for most homeowners.
Price Factor #3: The warranty selected by the customer
Extended warranties protect homeowners from breakdowns and broken parts for longer than standard warranties. That can save the homeowner a lot of money in the long run. But it will add to the total cost of their heat pump installation.
Extended warranties can be broken down into two categories: labor and parts
- Labor warranties: Labor warranties are determined by the company that installs the heat pump. Under a standard labor warranty, a company won’t charge for labor while the warranty is valid. Standard warranties last about two years. Extended warranties go beyond that.
- Parts warranties: Parts warranties are determined by the manufacturer of the heat pump. Standard parts warranties go out to about 10 years and cover some–but not all–of a heat pump’s parts. Extended warranties increase the number of years that equipment is protected and expand the number of parts under warranty.
Price Factor #4: The contractor selected by the customer
Some contractors charge more than others for heat pump installations. Others charge less. The bottom line is that no company will give you the exact same estimate for a heat pump installation in Portland, unless they do estimate matching.
Why are there so many different installation prices? Well, some companies charge more for installations because their experience reduces the need for system repairs later on down the road. That seems pretty fair from our perspective.
Most homeowners understand that experience tends to increase price. But these homeowners should also look for proof of that experience. Portland residents will want to make sure the HVAC company they choose:
- Is licensed and insured
- Has hundreds or even thousands of reviews (i.e. lots of successful jobs)
- Is PGE certified
- Is a certified Energy Trust of Oregon Trade Ally
The best place to look for these items is on a company’s website. For example, you can find our license and local partnerships in the footer on our website.
Ready for a free heat pump estimate from Four Seasons?
Four Seasons AC & Heating has Portland’s best prices for professional heat pump installations. Schedule your install today by giving us a call at 503-538-1950, or scheduling an appointment online.
We look forward to hearing from you!