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Old 09-17-2012, 08:25 PM   #16
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Electric baseboard VS Heat pump


For all of those who have an electric heat pump. What is your average monthly estimated cost during the winter months? I know different areas of the country have different climates. Im just curious how much it might save me compared to not installing the heat pump.
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Old 09-17-2012, 08:47 PM   #17
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Electric baseboard VS Heat pump


You might want to make sure they have the same size house, or at least the same size heat pump you will have.
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Old 09-19-2012, 08:32 AM   #18
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Electric baseboard VS Heat pump


My previous house was a 1000 sq/ft ranch where I installed an American-Standard Heritage 10 heat pump about 10 years ago. During moderate weather conditions above 35 degrees, the unit would make $150 electric bills. This number, of course also includes all the other electrical use in the house added in. During really cold weather when it gets below freezing, the system would get rather expensive to run. It would regularly make $250-$300 electric bills when temps were below freezing and the heat strips would kick in. When kerosene was below $1/gallon. I would supplement the heat pump with the kerosene heater and it really helped.


I live on the east coast in Virginia, and we typically have hot, humid summers, and will have a short stint of really cold weather in January where it will get below freezing, but generally, it stays in the 40 degree range during november thru march time
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Old 09-19-2012, 12:03 PM   #19
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Electric baseboard VS Heat pump


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Originally Posted by Mattme123 View Post
For all of those who have an electric heat pump. What is your average monthly estimated cost during the winter months? I know different areas of the country have different climates. Im just curious how much it might save me compared to not installing the heat pump.
Without knowing the charge for electricity in a location that information won't do you any good.
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Old 09-19-2012, 12:10 PM   #20
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Electric baseboard VS Heat pump


Just for an example...when a heat pump breaks down and the heat is coming from electric resistance my customers know by the bill raising $250 or more a month. That's with electric rates at 8 cents a kw for the first 900 and 3.5 a kw after that.
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Old 09-21-2012, 08:41 PM   #21
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Electric baseboard VS Heat pump


Our electric rate is 15c per kWh. so with 8c raising it $250 that could be a dramatic reduction in a electric bill. I had already had 2 more estimates come by and they are in the ballpark of 6-8 years for ROI, so that makes me feel a lot better. At least it doesn't seem like I would spend all that money for nothing.
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