Why Replacing A Furnace With a Heat Pump Is Worth It

The decision to replace a furnace with a heat pump is one that many homeowners face. With the advancement in HVAC technology and the growing emphasis on energy efficiency and sustainability, many are considering the move.

I have been working with heat pumps for 15+ years, and have installed well over 100+ heat pumps. During my last year of military service, I went through HVAC technician school, and have since gotten a number of certifications and been through lots of training. In my experience, heat pumps are some of the best pieces of technology to heat and cool your home.

In this article, we will review:

  • The benefits of heat pumps compared to a furnace
  • Ductless mini splits vs ducted heat pumps
  • The installation process of a heat pump vs a traditional furnace
  • How to take care of your heat pump

If you are interested in a heat pump installation in Elgin, IL, we can help you out. Give Compass a call at (630) 504-8688, or click on the button below to contact us online!

5 Benefits Of a Furnace Replacement With A Heat Pump

  1. Energy Efficiency: Heat pumps are known for their energy efficiency. They can provide the same amount of warmth as a traditional furnace but use significantly less energy.
  2. Cost Savings: With increased energy efficiency comes potential cost savings on your monthly utility bills.
  3. Environmental Impact: Heat pumps operate on electricity and can be powered through renewable energy sources, reducing your carbon footprint. This is a big reason that heat pumps are a focal point of the Inflation Reduction Act, which offers homeowners and businesses tax credits and rebates to save money when installing one of these high-efficiency HVAC systems.
  4. Versatility: Heat pumps can both heat and cool a home, eliminating the need for separate systems.
  5. Safety: Without combustion involved, there’s no risk of carbon monoxide leakage.

Mini Split Vs. Ducted Heat Pump Installation

When considering furnace replacement with a heat pump, homeowners have two main choices: mini split systems or ducted systems. Your current setup at home will help you make the choice.

  • Mini Split: Ideal for homes without existing ductwork. They are versatile and can be installed in individual rooms.
  • Ducted: Best for homes with existing ductwork. They integrate seamlessly into your home’s current system.

If you already have ductwork installed in your home, installing a ducted heat pump system should be simple. A contractor can install the new heat pump and use the ducts you already have. In some cases there may need to be adjustments to the ductwork, but not a major overhaul starting from scratch.

If your home does not have ductwork, or you simply want a zoned system, ductless mini splits may be the right move. They require no installation of ductwork, and can be spread throughout the house. This is ideal for older homes that were built without ducts, and additions to homes that don’t have any ductwork in place.

Heat Pump System Installation Vs. A New Conventional Furnace

A Ductless Mini Split Is A Perfect Supplemental SolutionComparison: Replace a Gas Furnace With a Heat Pump

When you replace a gas furnace with a heat pump, you’re transitioning from a combustion-based system to an electricity-based one. The initial investment might be higher, but the operational costs and environmental benefits of replacing a gas furnace with a heat pump are significant.

Comparison: Replace an Electric Furnace With a Heat Pump

While both systems run on electricity, heat pumps are more energy-efficient. Over time, the savings from the reduced energy consumption can outweigh the initial costs of furnace replacement with a heat pump.

Comparison: Replace an Oil Furnace With a Heat Pump

Oil furnaces are not as efficient as heat pumps. Plus, the fluctuating costs of oil can make operations more expensive. A heat pump furnace replacement offers steadier operational costs and enhanced energy efficiency. You also don’t have to worry about storing oil and having your tank refilled several times a year. This can be a hassle, and leave you with no heat if you run out!

Heat Pump System Maintenance

Heat pumps require regular maintenance to ensure efficiency. We recommend that you have your system serviced before each season. Once in the fall, and then once again in the spring. This will make sure that your system is ready for the changes in the weather.

Tasks include cleaning or replacing filters, checking the refrigerant levels, and inspecting for any potential issues. Regular maintenance can prolong the life of your heat pump system and ensure optimal performance. You should get 15+ years out of your heat pump if you have it regularly maintained. Without regular service, you could be looking at your system lasting less than 10 years.

Heat Pump Furnace Replacement: Average Costs

The average cost of furnace replacement with a heat pump varies depending on the size of your home and the type of heat pump chosen. On average, expect to invest between $4,000 to $7,000 for the system and installation. It’s important to consult local HVAC specialists for precise estimates.

Heat Pump System Installation Near Elgin, IL

If you’re looking for heat pump installation in Elgin, IL, look no further. No need to google, “Heat pump replacement near me.”

One of the experts from Compass Heating and Air can come out, take a look at your home, and recommend the RIGHT heat pump to keep your space comfortable. Not every home is the same, and not every HVAC system is designed the same. We want to make sure that you get a system that’s properly sized, and highly energy efficient.


Should I replace a 20-year-old heat pump?

Yes. While heat pumps can last over 20 years with proper maintenance, newer models are more efficient and environmentally friendly. Replacing an older unit can lead to better performance and cost savings. You could be costing yourself money by leaving the old system in there.

Do you need backup heat with a heat pump?

In colder climates, it might be beneficial to have a backup heating system in case of extremely cold temperatures. However, modern heat pumps are designed to function efficiently in most climates. We do see some systems in our area that have a furnace and heat pump to achieve optimal comfort and energy savings.

Can you swap a furnace for a heat pump?

Absolutely. Many homeowners are choosing to replace their traditional furnaces with heat pumps due to the benefits listed above. The process involves removing the old furnace and installing the heat pump system, something we’ve done hundreds of times!

All in all, as homeowners become more environmentally conscious and seek efficient heating solutions, replacing a furnace with a heat pump is an investment worth considering. Whether it’s the potential for monthly savings, reduced environmental impact, or both, the benefits are clear.