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  2. The Inflation Reduction Act offers subsidies for heat pumps ...

    www.aol.com/news/inflation-reduction-act-offers...

    The new law creates a federal tax credit for 30% of the total cost of your heat pump, up to $2,000, and the new law will hand out funding to states for a rebate program. Households making less ...

  3. What heat pumps mean for your home – and your wallet - AOL

    www.aol.com/heat-pumps-mean-home-wallet...

    Installing a new air source heat pump costs more than £10,000 on average, with a ground source heat pump costing more than that.

  4. Are heat pumps the key to accelerating the energy transition?

    www.aol.com/news/heat-pumps-key-accelerating...

    The average cost of a heat pump varies from country to country, and will depend on labor costs, the local climate, the size of your building, installation complexity and equipment type. In the UK ...

  5. Air source heat pump - Wikipedia

    en.wikipedia.org/wiki/Air_source_heat_pump

    In the UK, annual heat pump sales have steadily grown in recent years with 26,725 heat pumps sold in 2018, a figure which has increased to 60,244 heat pumps sales in 2023. [80] ASHPs can be helped to compete by increasing the price of fossil gas compared to that of electricity and using suitable flexible electricity pricing . [ 19 ]

  6. Heating seasonal performance factor - Wikipedia

    en.wikipedia.org/wiki/Heating_seasonal...

    A well designed ground source heat pump installation should achieve an SPF of 3.5, or over 5 if linked to a solar-assisted thermal bank. [6] Example: For a heat pump delivering 120,000,000 BTU during the season, when consuming 15,000 kWh, the HSPF can be calculated as : HSPF = 120000000 (BTU) / (1000) / 15000 (kWh) HSPF = 8

  7. Seasonal energy efficiency ratio - Wikipedia

    en.wikipedia.org/wiki/Seasonal_energy_efficiency...

    "Cold climate" heat pumps are designed to optimize efficiency below 0 °F (−18 °C). As of 2023 heat pumps are marketed that will extract heat from outdoor temperatures as low as −40 °F (−40 °C). In the case of cold climates, water or ground-source heat pumps are often the most efficient solution.

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