How much did a heat pump save you a month.
For those that have change to a heat pump as a primary source of heat, (from oil or propane only) how much did your electric bill increase a month in heating season?
On the flip side, did you save money from oil or propane.
I know my situation is irrelevant but I’m asking about YOUR situation when it’s apples to apples. The only thing that would be good to know is your kWh hour you pay.
My story(I posted questions here before but I am still dwelling on in).
I’m in contract on a house with a propane boiler, indirect water heater, stove and dryer.
Current propane usage is 1150 gallons a year on the house. Cheapest propane I can find is 2.99 a gallon.
That seems like a heck of a lot of money. $3450 a year?
Let’s say I’m getting 10k from the seller as a credit. And I used to do hvac so I have connections at cost for materials. Install/labor will be me and my old boss.
What would be the best way to go about it? I’m thinking go hyper heat pump like a Mitsubishi for heat. Possible leave the propane for the stove and dryer as I heard those. Are very efficient.
My other option is put an oil burner back in and leave the indirect. Not sure how much this will save in the long run.
My boss is recommending hyper heat pump, and electric hot water heater. Oh and also, the boiler has a water to air coil rain through the air handler at the moment as well as baseboards. The current owner has the upper unit coil closed off and is using baseboards.
Is that more efficient to run the boiler as it’s a much smaller loop to push water through?
Propane is about 2.99 a gallon here, oil in my area is about 3.30 and electricity i dont fully understand how to read it but it fluctuates based on time of day. Also there’s lower rates if you use heat pumps after 300kwh.
From what I can see the max is .26 kWh but it can as low as .18 if I’m reading that right.
Some direction here would help as I’m all over the place. Thanks.