Fosters has been installing heat pumps on Vancouver Island and surrounding islands since 1928. It is our belief that a quality installation in combination with state of the art equipment and a comprehensive repair and maintenance program is the best way to achieve maximum success with your heat pump system. We will identify the best solution for your home with a free, in-home consultation and use the best equipment available to suit your needs. Whether it is a retrofit or new construction, we are mindful of your budget and will work responsibly within the concept of the cost/benefit analysis. Our technicians are fully certified, friendly and qualified to install and service your equipment. We have developed long-standing and solid relationships with top quality sub-trades which help us deliver on our satisfaction promise. Fosters is a certified Trane dealer, Diamond Mitsubishi dealer and 3D Daikin dealer, however, we service all makes of equipment. Fosters wants you to have the best possible experience with this very important investment for your home.
Heating System Cost Comparison / Vancouver Island
System Type |
Efficiency (AFUE) |
AVERAGE HOME ANNUAL COST
|
|||
Heating |
Cooling |
||||
Oil $1.14 per liter |
Older Models |
60% |
– |
$3,978 |
– |
Standard |
80% |
– |
$3,429 |
– |
|
Gas $8.16 per GJ
|
Older Models |
60% |
– |
$1,303 |
– |
Standard |
80% |
– |
$1,110 |
– |
|
High |
90% |
– |
$1,082 |
– |
|
Very-high |
95% |
– |
$971 |
– |
|
Electric 8.8¢ per kWh & 13.3¢ after 22kWh/day |
Baseboard Or Central |
100% |
– |
$2,637 |
– |
Heat Pump 8.8¢ per kWh & 13.3¢ after 22kWh/day |
Ducted |
278% HSPF 9.5 |
469% SEER 16 |
$949 |
Cooling $562 |
VRF* Heat Pump 8.8¢ per kWh & 13.3¢ after 22kWh/day |
Ducted |
295% HSPF 10 |
425% SEER 14.5 |
$901 |
$620 |
Ductless |
310% HSPF 10.5 |
674% SEER 23 |
$817 |
$392 |
The above figures are based on fuel and electricity costs as of June 2018. Efficiency values are averages of commonly installed equipment. An average home is considered to be a 3,000 square foot, detached house built after 1990 with a total BTU requirement of 85,000,000.
*VRF – a Variable Refrigerant Flow heat pump system uses variable speed fans and compressors in order to adjust the output of the system to match demand. This significantly increases efficiency and improves comfort in the space.
It is important to be aware that the above performance ratings are based on ideal operating conditions. It is only possible to achieve these efficiencies by using industry best practices and following manufacturers installation instructions. ‘Cutting corners’ can drastically reduce the performance of the equipment and can lead to operation and maintenance issues.
Greg’s car broke down. When he took it to the mechanic he was told the car was out of oil. The mechanic asked him when he last had his car serviced. Greg said, “Never, is that a problem?” The mechanic explained to Greg that cars need love and that manufacturers do not love those who neglect their cars. The result? No warranty coverage and an unnecessarily large bill for Greg. The point here is that heat pumps are much like cars. They require proper maintenance and care to ensure maximum efficiency and a long life. Manufacturers have the right to deny warranty claims if they discover no record of regular maintenance!
Don’t be a Greg. Take care of your heat pump. Have the friendly professionals at Fosters come to your home for a heat pump tune-up and get it done right.