request your free assessment
Discover how we can help upgrade your home's efficiency, all while reducing your power bills.
Thank you!
Your submission has been received and our team will be in touch shortly.
Oops! Something went wrong while submitting the form.

“We are very pleased with our ductless heat pumps. Our propane bills have decreased significantly and we’re staying nice and warm.

- Gloria F.
Marmora, ON
Discover available grants
Category
HVAC products

Heat pumps: The all-in-one heating and cooling system that saves you money

Although they hold a misleading name, heat pumps also work to cool your home during warmer months
By
Prestige Team
May 16, 2024
5 min read
Share this post
Get your free assessment today
Reserve yours now
Subscribe to our newsletter
By subscribing you agree to our Privacy Policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Share

The dual functionality of heat pumps

Even though the name “heat pump” might suggest that this equipment only serves for heating, it has become the better choice for both heating and cooling for tens of thousands of homeowners in Ontario.

Keeping homes comfortable for both the warmer and cooler months with a single system has helped homeowners across the country save on energy bills, thanks to the hybrid nature of the system.

How do heat pumps work?

In essence, heat pumps work by using a coolant to transfer heat between two places. While an air-source heat pump transfers heat between the air inside and outside a home, a ground-source heat pump transfers heat between the air inside a home and the ground outside, taking advantage of geothermal energy. Geothermal energy, being a rarer resource, makes the air-source heat pump the go-to choice for most situations.

Benefits of upgrading to heat pumps

There are many benefits of upgrading to a heat pump system, especially if your home’s energy system has not been touched in a while, but the two main benefits have to do with cost-savings and environmental impact.

The cost-saving benefits of using heat pumps

According to a 2022 federal government study, switching to a heat pump system cut costs by an average of 13% in the cities studied. Depending on the equipment used prior to the equipment switch, some homeowners were able to save up to $3,500 a year on their energy bills.

Changing heating systems can be a big investment which is why it makes sense to pick the equipment that will offer the lowest energy bills possible, as Alex Ferguson, research officer at CanmetENERGY in Ottawa and co-author of the study said:

“Those types of heating systems are very expensive, and in that context, choosing a heat pump is a very smart economic choice to make.”

The environmental benefits of using heat pumps

As mentioned above, heat pumps use less energy to offer the same result in terms of heating and cooling homes, but another environmental benefit is the type of coolant they use: a low-GWP (global warming potential) refrigerant. Additionally, heat pumps are powered by electricity as opposed to fossil fuels. Both these differences help release fewer chemicals into the atmosphere, making them the better choice to keep our planet healthy.

Is a heat pump the right choice for you?

Heat pumps work to heat during the cooler months, and cool during the warmer months. They reduce energy spending and have a smaller impact on global warming - but is a heat pump the right choice for your home?

Explore recent articles

The unexpected history of the air conditioner

Being what popularized the widespread use of AC, movie theatres offer one more reason to appreciate them.
History
5 min read

Prestige Home Improvement wins the Canadian Choice Award for the HVAC sector

A first step in the recognition of our effort to reduce shady practices in the HVAC industry

Electric Furnace VS Gas Furnace VS Heat Pump

When it comes to heating your home, understanding the available energy sources is crucial. In Ontario, natural gas and electricity are prevalent, but homeowners in more remote areas may rely on propane or oil, which can be costlier. This article delves into electric furnaces, gas furnaces, and heat pumps, highlighting their benefits and considerations.
HVAC products
4 min read

How to choose the best heating system for your home

Discover how air-to-air heat pumps offer an efficient, eco-friendly heating solution for your home, contrasting traditional methods and aligning with global sustainable trends.
HVAC products
5 min read

A guide to high-efficiency heating and cooling equipment

Exploring high-efficiency heating and cooling appliances: a guide to eco-conscious comfort and energy savings.
Energy saving
5 min read

Embracing high-efficiency technologies in heating and cooling

Innovative technologies in high-efficiency heating and cooling: bridging superior performance with eco-friendliness and cost savings.
Tips & tricks
5 min read

How high-efficiency appliances lead to substantial savings

A gateway to savings, eco-friendliness, and enhanced performance in modern living.
Energy saving
5 min read

Essential maintenance tips for your heating and cooling systems

Maintenance tips for heating and cooling systems: a pathway to enhanced efficiency and longevity.
Tips & tricks
2 min read

How high-efficiency heating and cooling systems slash carbon footprint

Advancements in eco-friendly HVAC technology: a leap towards lower carbon emissions and enhanced comfort.

Efficient water heating: the benefits of tankless water heaters

An eco-friendly, cost-effective solution for on-demand hot water and long-term savings.
HVAC products
5 min read

The unexpected history of the air conditioner

Being what popularized the widespread use of AC, movie theatres offer one more reason to appreciate them.
History
5 min read

Prestige Home Improvement wins the Canadian Choice Award for the HVAC sector

A first step in the recognition of our effort to reduce shady practices in the HVAC industry

Electric Furnace VS Gas Furnace VS Heat Pump

When it comes to heating your home, understanding the available energy sources is crucial. In Ontario, natural gas and electricity are prevalent, but homeowners in more remote areas may rely on propane or oil, which can be costlier. This article delves into electric furnaces, gas furnaces, and heat pumps, highlighting their benefits and considerations.
HVAC products
4 min read

How to choose the best heating system for your home

Discover how air-to-air heat pumps offer an efficient, eco-friendly heating solution for your home, contrasting traditional methods and aligning with global sustainable trends.
HVAC products
5 min read

A guide to high-efficiency heating and cooling equipment

Exploring high-efficiency heating and cooling appliances: a guide to eco-conscious comfort and energy savings.
Energy saving
5 min read