A device that can heat a building by transforming thermal energy from the outside using a refrigeration cycle is known as a heat pump. The major pro of heat pumps is that they don’t burn fossil fuels. That makes them much more environmentally friendly than their fossil fuel-powered counterparts. The downside is that the world’s petroleum market isn’t the most stable system on the planet. Read on to learn about the major pros and cons of heat pumps.
Pros of heat pump
Air-source heat pump:
A well-insulated home can benefit from air-source heat pumps because they can regulate specific rooms or zones and save on energy costs. Air-source heat pumps can also be used for air conditioning. But be aware that these devices have disadvantages. For example, they are noisy.
Reduce water heating bills:
Although geothermal systems require electricity, they can reduce your heating and cooling costs by 50 to 60 percent. They also allow you to use the heat from the ground to heat water, which can reduce your water heating bills. And, as a bonus, they can improve the value of your home.
It is a cleaner source of energy:
The biggest pro of having an electric heat pump is that it is a cleaner energy source. Compared to fossil fuels, heat pumps don’t create any waste heat. Therefore, they are much safer for the environment. While the global petroleum market isn’t the most stable on the planet, electricity is much more stable and less prone to price fluctuations. Consequently, an electric heat pump can save you money year after year.
Cons of installing heat pumps
High installation cost:
Another disadvantage is the high installation cost. The price of an air-source heat pump can reach thousands of dollars. It will take a professional to install it. However, there is no need to worry as the green homes grant is available to help with the installation costs. This voucher will cover two-thirds of the cost.
It is not suitable for every property:
There are several advantages to installing a geothermal heat pump, including lower energy bills and a low carbon footprint. The installation process can be a bit more expensive than installing a conventional heating and cooling system, but the long-term cost savings are well worth the initial investment. However, there are also some drawbacks to geothermal heat pumps. For one, a geothermal heating system is only suitable for some properties.