Heat pump technology is real and it will save you thousands of dollars over time when compared to conventional heating and cooling equipment
Cold climate air source heat pumps exist in Ontario and can keep you warm at outdoor temperatures of -30C. When comparing the lifespan costs of conventional heating and cooling equipment, an average home would save $10,000 in energy costs by installing a heat pump. As emissions from residential buildings continue to destabilize our climate, homeowners must consider adopting this technology while improving their home’s building envelope.
Heat pump technology has been around since 1857 and is constantly being improved upon. Powered by an electromechanical compressor, the technology can function both for heating and cooling to provide year-round comfort. These machines are highly efficient which can translate into significant energy use reductions. Pairing a heat pump with draft-proofing and insulation can be a sure bet when it comes to home energy savings.
A first step to a more energy efficient home is to find out where and how your home is losing energy. See below for existing financing options.