There are 2 basic types of well pumps known as submersible pumps and jet pumps. The main difference is that submersible pumps can be installed underwater and jet pumps can be installed either above or below the water line. Wells that are more than 30 feet deep typically need deep well jet pumps. Although the jet can go underwater, the engine of a deep well jet pump has to stay above the water line. Wells that are less than 30 feet deep usually have shallow well jet pumps which cannot be submerged in water at all.
Well Pump Installation Costs: Average well pump costs are impacted by local labor costs and the price of materials in the area. One of the main determining factors in the cost of well pumps is the amount of gallons per minute (GPM) that flows through the system. A low flow-rate pump is usually one of the least expensive, but also does not offer the best in quality. A high flow-rate pump can be one of the most expensive on the market. Additionally, well pumps that are submerged underwater are typically more expensive to install than those that function above the water line.
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