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Heat Pump vs Furnace

Comparison Report:  Heat Pump vs. Electric Furnace

This comparison looks at a sample single story home that is 1800sq. ft.  Built in mid-1980's, 4 occupants, all electric appliances, water heater setting is medium, double-pane windows, average air leaks, thermostat setting of 72 for heat & 78 for cooling.  No gas or propane is used in this sample home.

 

Sample w/ (Heat Pump)

Sample  (Electric Furnace)

Gas/Propane** kWh $/yr Gas/Propane** kWh $/yr
Refrigeration 0 1,376 $115 0 1,376 $115
Lighting 0 1,356 $113 0 1,356 $113
Cooking 0 1,296 $108 0 1,296 $108
Washer 0 141 $12 0 141 $12
Dryer 0 1,100 $92 0 1,100 $92
Dishwasher 0 157 $13 0 157 $13
Cooling 0 5,829 $486 0 5,829 $486
Heating 0 3,554 $296 0 9,297 $775
Water Heating 0 5,618 $469 0 5,618 $469
Total Per Year 0 20,426 $1,704 0 26,169 $2,182
Average Per Month 0 1,702 $142

Savings of $40 a month & about $478 a year in this example. 

Average price of .0834 per kWh.  Your rate may vary

2,181

$182


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