As a residential building owner, one of the biggest challenges you may face is which heating and cooling system is best for your budget and the comfort of your tenants. Let’s explore the differences between a heat pump and an air conditioner, using insights such as Energy Efficiency Rating, to help you choose the best option for your multifamily building.

As a multifamily building owner, choosing the right heating and cooling system is crucial for ensuring comfortable living conditions for your tenants, saving on electricity bills, and making the best decision for your asset in the long run. With so many options available in the market, it can be overwhelming to decide which one is right for your property. Two of the most popular options for heating your buildings are heat pumps and furnaces. In this article, we will compare both systems to help you make an informed decision.

Just like we’ve utilized SEER Rating to measure the cooling efficiency of Heat Pumps and other devices, we look at HSPF (Heating Seasonal Performance Factor) to see how efficiently our Heat pumps are functioning in cold climates. Read more on how to keep your Heat Pump effective in the Winter months.

The added rebates and federal tax credit benefits on Heat Pumps and their installation, help in offsetting the initial costs. You can bring down the initial cost of retrofitting your multifamily buildings by utilizing these rebates and reap the benefits of low energy bills for years to come. In the long run, you will enjoy an increased CAP rate and occupancy rate by tenants.

Residents of the US will be given credits to live sustainability. For example, one can receive up to $7500 to buy electrical vehicles to replace their gas vehicles or $8000 to replace fossil fuel heating and cooling systems with heat pumps.

There is a myth that green buildings cost more than those running on traditional HVAC systems. Learn about the many benefits and potential savings of green buildings and heat pumps.

Thinking about installing a heat pump system in your residential building? Heat pumps are an excellent and proven technology.