Heat Pump Cost Formula:
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Definition: This calculator estimates the total cost of a heat pump system in Canada based on size, price per kW, and installation costs.
Purpose: It helps homeowners and contractors budget for heat pump installations across Canadian provinces.
The calculator uses the formula:
Where:
Explanation: The heat pump size multiplied by price per kW gives equipment cost, then installation is added for total project cost.
Details: Proper cost estimation helps with budgeting, financing applications, and comparing quotes from different contractors.
Tips: Enter the heat pump size in kW, price per kW (default $1200 CAD/kW), and installation cost (default $3000 CAD). All values must be ≥ 0.
Q1: What's a typical price per kW in Canada?
A: Most systems range $1000-$1500 CAD/kW, with premium models up to $2000 CAD/kW.
Q2: How do I determine the right size heat pump?
A: Consult a professional for a Manual J calculation based on your home's square footage, insulation, and climate zone.
Q3: Are there government rebates available?
A: Yes, Canada and most provinces offer rebates - check the Canada Greener Homes Grant program.
Q4: What affects installation costs?
A: Ductwork modifications, electrical upgrades, and local labor rates significantly impact installation costs.
Q5: Does this include taxes?
A: No, add applicable provincial sales taxes (PST/HST) to the calculated amount.