How long does it take for the annual cost savings of an air source heat pump to match the installation costs? How fast would it pay for itself?
The cost of heating depends on the cost of the fuel used, which fluctuates significantly from year to year. The cost of heating with an air source heat pump (electricity) is usually similar to heating with natural gas. This means the typical homeowner will save hundreds of dollars a year compared to heating with oil, kerosene, or propane, and potentially thousands of dollars a year compared to electric baseboard heating. So if you are using an air source heat pump instead of one of these more expensive-to-run heating systems to heat all or some of your home your savings will exceed the initial installation cost (without rebates) in 5 to 10 years, depending on energy prices.

Contractors selected to provide air source heat pumps through the HeatSmart Northampton program will help customers determine more exact payback times after rebates for each specific system.

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1. What does an air source heat pump look like?
2. Why should I consider an air source heat pump?
3. What is an air source heat pump and how does it work?
4. How will converting to an air source heat pump effect greenhouse gas emissions?
5. Why are air source heat pumps sometimes referred to as a renewable heating/cooling system?
6. How do the annual maintenance costs of an air source heat pump compare to other heating systems?
7. I hear that air source heat pumps can also be used for cooling. How do the annual operating costs of an air source heat pump compare to other cooling systems?
8. Are there state or utility subsidies or rebates that can be used to reduce installation costs?
9. How long does it take for the annual cost savings of an air source heat pump to match the installation costs? How fast would it pay for itself?
10. How long do air source heat pumps last?
11. How complicated is it to install an air source heat pump? How much time does it take?
12. How noisy are air source heat pumps?
13. Are there any disadvantages to air source heat pumps?