heat pump replacement

Hi,
I'm currently running an older (17yrs) Water Furnace water sourced heat pump off a deep well. This is heating a 3000sqft property in a colder climate (Ottawa).
I just had it serviced and the tech (he originally installed this unit) is suggesting that 15-18yrs is a typical life expectancy of this type of unit so I'm trying to prepare myself for when it eventually fails.
He's suggesting that this type of heat pump is still the best option and will offer a long term cost saving but at an upfront cost of appx CAN$12,000 (OUCH!!!) for a new Carrier unit. Is this price too high?
So, what's the current wisdom, go with another heat pump or switch to high efficiency gas?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Get at LEAST 2 other quotes and go from there.....
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
You can't do better ,or cheaper, than with a GSHP. Gas prices are increasing so this is becoming more so. If you're running an open loop on that deep well (assumption) you must have very good water to not have heat exchanger problems. Most recommend closed loop to prevent contamination. If your water is that good, stay with it. However, a closed loop would cost less in pumping cost because it uses smaller pumps and much less electricity. The downside is that it costs alot of money to install vertical loops. Horizontal loops are less if you have the room.
If you have both heat/cool needs you're going to need to add an A/C to a gas anyway. If your WaterFurnace has provided both heat/cool for 17 yrs (so far!!) without major problems you had a well done installation. And today's units from most brands use scroll compressors which are much better; much quieter, more efficient, longer life. Copeland Scroll compressors are the best. There's even 2-stage compressors that are even more efficient and require less cycling.
WaterFurnace is by far the leader in GSHP installations. Carrier is a long established premium brand in HVAC. If your install guy recommends a Carrier GSHP, definitely consider it. Get several bids, however. Sounds like your install guy has provided good service to you over the years. Most of the problems in GSHP systems are installation related. He may be worth an extra $1-2K for his expertise and peace of mind.
Also, you can size the GSHP to provide much of the hot water needs, especially in the summer with a desuperheater recovering the waste heat from cooling.
snipped-for-privacy@yahoo.com wrote:

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
Sounds kind of pricey since the well and ducts are already there. What is $12,000.00 in US dollars?
Stretch
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Site Timeline

HomeOwnersHub.com is a website for homeowners and building and maintenance pros. It is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.