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  1. Mar 4, 2024 · Ductless mini-split air conditioner systems: $6,000 – $12,000 on average. Ducted air-source heat pumps: $14,000 – $18,000 on average. Geothermal/Ground-source heat pumps: $25,000 and up. The size of your property and its current infrastructure can also influence the cost of installation.

  2. How much does a new air source ducted or ductless heat pump cost? Get a new heat pump installation price estimate instantly with this short quiz.

  3. Sep 26, 2023 · The federal study found that by installing a cold-climate air-source heat pump, Canadian households switching from an electric furnace would save an average of $700 to $1,900 a year in...

  4. Below, you’ll find average costs for buying and installing a heat pump/air handler combo with a minimum 14.3 SEER2 rating. 2-ton heat pump cost: $7,000-$11,000 depending on the brand; 3-ton heat pump cost: $9,000-$13,000 depending on brand; 4-ton heat pump cost: $10,000-$14,000 depending on brand

  5. Aug 2, 2023 · The average price varies between $3,000$15,000+, but it usually depends on the following factors. Type. There are different types of heat pumps, including ducted air-source heat pumps, ground-source (geothermal) heat pumps, and water-source heat pumps.

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  6. Feb 15, 2024 · The average cost to buy and install an new heat pump in Canada starts at $3,000 to $5,000, and models that heat and cool will start around $3,500. Depending on the specific brand and model, heat pumps can go as high as $8,000 or more.

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  8. Installation costs typically add another $2,000-$5,000+ on top of the base equipment price. Use online heat pump cost calculators and sizing guides to estimate the proper capacity and type of system you need based on your total home square footage, climate zone, and heating/cooling output required.

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