[theultdev]

How much did the entire heat pump installation cost?

I assume in Canada you needed a geo-thermal loop.

That runs about $30k avg, you'll break even in 10 years.

Investing that money would prove financially better.

Even a 2% low-risk investment would net $6,421 in 10 years.

Also it seems they have a lifespan of 15-20 years so you have to account for depreciation of the system.

It doesn't make much sense to switch, new installations or replacing failing systems are the only scenarios I see where it does.

[testing22321]

No geothermal loop, heat pump was $10k out of pocket after incentives, on a 10 year interest free loan.

It’s good down to -30C

[theultdev]

damn, what model is it. curious on those stats.