Search results
Example: 2-ton heat pump can be more energy efficient (up to 300% efficiency) than a gas furnace (up to 97% efficiency) but because electricity costs more than gas per BTU, the heat pump is less cost-efficient. Hope this makes sense. Let’s look at energy efficiency first:
Here’s the calculation: Cost Per Sq Ft (Natural Gas, 40 BTU) = (40 BTU ÷ 1,037,000 BTU) × $12.92 =. $0.00049836 Per Sq Ft Per Hour. If we have a 2,000 sq ft house, we have to multiply this very low cost by 2,000, and we get, surprisingly, exactly $1.00 per hour for heating.
How much does a new air source ducted or ductless heat pump cost? Get a new heat pump installation price estimate instantly with this short quiz.
Oct 16, 2023 · Propane vs Oil. The current average US price of propane is $2.96 per 100,000 BTUs, and heating oil is $3.05 per 100,000 BTU’s. While the prices are almost the same, oil heating equipment requires expensive annual maintenance and tune ups which will increase your overall operating cost by $200-300 a year minimum.
Apr 15, 2024 · The cost of running a 2.5-ton air conditioner depends on factors like the unit’s energy efficiency, local electricity rates, usage patterns, and climate. On average, a 2.5-ton AC unit consumes approximately 3,500 to 5,000 watts per hour.
Apr 29, 2024 · The average cost to heat a home with propane is $90 to $200 per month or $1,000 to $2,500 per year. The cost to run a propane furnace depends on the current propane prices, home size, insulation, climate, and the furnace’s efficiency.
Jul 22, 2022 · Calculator Results Explained. Line 1: Heat Pump Heating Running Cost per Hour: This number is based on the cost of electricity and how efficient your heat pump is. As efficiency rises, heat pump running cost per hour goes down. Line 2: Annual Heating Running Cost: This number is based on running cost per hour multiplied by how long a heat pump ...
