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Capital costs may be offset by government subsidies; for example, Ontario offered $7000 for residential systems installed in the 2009 fiscal year. Some electric companies offer special rates to customers who install a ground-source heat pump for heating or cooling their building. [48]
DX system being drilled in the 1980s. A direct exchange (DX) geothermal heat pump is a type of ground source heat pump in which refrigerant circulates through copper tubing placed in the ground unlike other ground source heat pumps where refrigerant is restricted to the heat pump itself with a secondary loop in the ground filled with a mixture of water and anti-freeze.
The cost of a heat pump can also depend on the type of heat pump and the size of the house. In Minneapolis, Vivant said installing a heat pump for a single-family home can cost between $14,000 to ...
Earth-air heat exchangers appear best suited for air pretreatment rather than for full heating or cooling. Pretreatment of air for an air source heat pump or ground-source heat pump often provides the best economic return on investment, with simple payback often achieved within one year after installation.
Ground-source heat pump (GSHP), water at 0 °C [55] 5.0 3.7 2.9 ... As of 2022 the installation cost of a heat pump is more than a gas boiler, ...
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
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