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      24,000 BTU mini-split heat pump · M40 Series

      MDV M4OD31-24HFN10-M1XD

      Very good cooling efficiency and average heating efficiency for a 24,000 BTU mini-split heat pump, and certified for cold climates.

      Ranks #58 of 430 24,000 BTU mini-splits for cooling efficiency, and costs about $610 a year to run in a mixed climate like Atlanta.

      SEER2
      24.0 Cooling efficiency over a season
      Very good · beats 75%
      HSPF2
      10.0 Heating efficiency over a season
      Average · beats 43%
      EER2
      13.0 Cooling efficiency on a 95°F day
      Average · beats 62%
      Heat at 5°F
      25,000 BTU/h100% of its 47°F output
      Average · beats 48%

      A good fit if…

      • You want low cooling bills - its SEER2 beats 75% of mini-splits.
      • Your winters get properly cold - it is ENERGY STAR cold-climate certified, with 25,000 BTU/h at 5°F.
      • You want steady temperatures and quiet running - the compressor varies its speed.

      Think twice if…

      • Nothing stands out - its ratings have no weak spot for its class.

      Calculate my running cost

      Details

      Specifications24,000 BTU, R-454B
      General
      BrandMDV
      Outdoor unit modelM4OD31-24HFN10-M1XD
      SeriesM40 Series
      TypeMini-split heat pump
      Nominal size24,000 BTU
      CompressorVariable-speed units run longer at low powerContinuously variable
      RefrigerantR-454B
      Connected (smart) capableNo
      On the market sinceNovember 1, 2015
      Last certifiedSeptember 22, 2026
      Cooling
      SEER2Seasonal efficiency, higher is better24.0 (range 20.0-24.0)
      EER2Efficiency at 95°F outdoors13.0
      Cooling capacity24,000 BTU/h
      Heating
      HSPF2Seasonal efficiency, higher is better9.5-10.0
      Capacity at 47°F25,000 BTU/h
      Capacity at 17°F24,000-29,000 BTU/h
      Capacity at 5°F25,000 BTU/h
      COP at 5°F2.0 = twice as efficient as a space heater1.90-2.00
      ENERGY STAR cold climateYes
      Heating output as it gets colder100% kept at 5°F

      Every heat pump delivers less heat as the outdoor temperature drops. Certified output of its best matchup at the standard test temperatures, in BTU/h:

      Certified matchups3 indoor units

      The same outdoor unit scores differently with each indoor unit. Ask your installer for the AHRI reference number of the exact system you are quoted.

      Indoor unitSEER2EER2HSPF2Heat @5°FAHRI ref.
      - · cold climate24.013.010.025,000215351183
      - · cold climate22.013.09.825,000215351190
      - · cold climate20.013.09.525,000215351184
      Yearly running cost in 10 large cities$474-$1,517

      At each state's average electricity price and the city's typical heating and cooling hours.

      Questions4
      What is the SEER2 rating of the MDV M4OD31-24HFN10-M1XD?
      The MDV M4OD31-24HFN10-M1XD is rated at up to 24.0 SEER2 and 13.0 EER2 for cooling and up to 10.0 HSPF2 for heating. The exact figure depends on the indoor unit it is paired with; across its 3 certified matchups SEER2 ranges from 20.0-24.0.
      Is the MDV M4OD31-24HFN10-M1XD good for cold climates?
      Yes. At least one certified matchup meets the ENERGY STAR cold-climate criteria, delivering up to 25,000 BTU/h at 5°F with a COP of 2.00, so it is still 2.0 times as efficient as electric resistance heat at that temperature.
      How much does the MDV M4OD31-24HFN10-M1XD cost to run per year?
      At its rated efficiency it costs about $474-$1,517 a year in electricity in large U.S. cities, depending on climate and local rates - for example $619 in Phoenix and $1,294 in Minneapolis. The calculator on this page works it out for your city and compares it with your current system.
      What refrigerant does the MDV M4OD31-24HFN10-M1XD use?
      It uses R-454B.

      Running cost and savings

      Pre-filled with this model. Pick your city and what you heat with today; everything else is optional.

      Heat pump $632/yrYou save $622/yrSee details ↓
      1. Where you live
      Adjust heating and cooling hours

      Filled in from your city's climate. Change them if you run the system much more or less than usual.

      2. The heat pump MDV M4OD31-24HFN10-M1XD
      3. What it replaces
      4. Price replace the example with your quote
      Heat pump, per year
      $632
      Current system, per year
      $1,254
      You save per year
      $622
      Payback
      14.5 years
      Net after 10 years
      -$2,781

      Cooling $352Heating $280Electricity used: 3,950 kWhSaved vs. a minimum-efficiency heat pump: $332

      Estimates use the unit's rated SEER2 and HSPF2, full-load hours derived from NOAA 1991-2020 degree days, average residential electricity prices from the U.S. EIA (12 months to July 2026) and fuel prices from EIA (2025 for natural gas, week of 2026-10-05 for propane and heating oil). Very cold days that need backup heat are not modelled. Federal minimum for comparison: 14.3 SEER2 / 7.5 HSPF2.

      Similar 24,000 BTU models

      See all 430 24,000 BTU mini-splits, ranked

      Source: ENERGY STAR Certified Heat Pumps (U.S. EPA), certification of September 22, 2026. How we use the data.