A heat pump is profitable.
Medium or long term savings are still profitable. Heat pumps work equally well in hot and cold climates, even in extreme conditions such as certain weeks of the year in Canada.
In addition, the heat pump operates in both winter and summer, which considerably increases its profitability.
The cost-effectiveness of a heat pump also depends on any grants or tax incentives available, as well as how long you plan to stay in your home. In general, heat pumps are cost-effective in the long run due to their energy savings, especially when heating or cooling costs are high.
