How To Get Contractor Quotes When Buying A Heat Pump

Here's a step-by-step guide to getting a heat pump.

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1. Essential First Step: Energy Audit

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• Begin with an energy assessment for your home.
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• Your utility company might contribute to the cost.
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• Benefit from a 30% tax credit (up to $150) under the Inflation Reduction Act for this audit.
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• The audit can uncover immediate energy-saving measures like air sealing and insulation upgrades.

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2. Prioritize Air Sealing Before Insulation

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• If adding insulation, air sealing is a must-do first step.
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• For homes with attic or basement ducts, consider duct sealing or insulation.
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• Collaborate with a heat pump expert before insulating to avoid redoing it later.

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3. Finding the Right Heat Pump Contractor

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• Gather recommendations from friends, neighbors, and local trade organizations.
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• Compare quotes from at least three contractors, as costs can vary significantly.
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• Look up contractors online for reviews and check their standing with the ACCA (Air Conditioning Contractors of America).

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4. Upgrade Your Home Heating and Cooling System

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• Consider upgrading to an electric heat pump for efficient heating and cooling.
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• This isn't typically a DIY project; professional help is needed.
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• Use the Inflation Reduction Act (IRA) calculator for potential federal funds eligibility.

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5. Preparing for Contractor Consultation

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• Have details like your current system's model and maintenance history ready.
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• Prepare a list of home comfort issues you want to address.

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6. Key Questions for Contractors

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• Inquire about the types of heat pumps they offer and their experience with them.
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• Ensure they will perform a "Manual J" load calculation for proper sizing.

• Ask about their knowledge of available incentives or rebates.

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7. Evaluating Contractor Proposals

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• Request multiple equipment options and check for performance versus cost trade-offs.
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• Verify references from other clients.
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• If planning a complete home electrification, discuss this with the contractor to avoid future electrical upgrades.

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8. Understanding Contractor Quotes

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• Look for detailed, itemized quotes including brand and model specifics.
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• Ensure the payment schedule is clear and down payments are reasonable.

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9. Selecting a Suitable Heat Pump

• For cold climates, choose a heat pump designed for such conditions.
• Decide if the heat pump will be your sole heating source or if you'll maintain a backup system.

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10. Heat Pump Installation Costs

• Expect varying costs based on the type of heat pump and your home's size.
• Additional costs may apply for new ducts or larger homes.

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11. Heat Pump Rebates and Tax Credits

• Explore state or utility rebates for heat pumps, which can offer significant savings.
• Leverage the IRA for a 30% tax credit on high-efficiency heat pumps.
• Income-qualified individuals can get up to $8,000 in upfront rebates under the IRA.

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12. Negotiating and Finalizing the Contract

• Compare retail prices of quoted equipment to ensure fair pricing.
• Finalize the contract with a clear understanding of costs and services.

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For more information, sign up on Currents for free to learn about which incentives you're eligible for.

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