bigoltool
Registered
Anybody got the 411 on Electric Heat Pumps? My House was built in 1999 and the Furnace and Water heater (both Propane) are the least efficient ones I think our contractor could find.
The Furnace is only 80% (80AFUE) efficient and the water heater is also at the extreme end (303 Gallons/year) of the spectrum for efficiency. We got ate alive last winter (didn't everybody?) on heating bills and I have no desire to repeat that friggin cycle. So I am considering going to Electric Heat pump/water heater. Has anyone ever done the swap? If so what kind of ROI did you realize? I am reading stories of people with heat pumps paying $50 a month heating bills and just shaking my head. We had several $400
propane (no Natural Gas here) bills last winter.
Our Electric rates are at 7.7 cents/Killowatt hr and Propane is like $2.54 a gallon. Just looking for Info Pro or Con.