How it Works
1. Identify current cost (Resistance heating = COP 1). 2. Input Heat Pump COP (e.g., 3.0). 3. Result = Old Cost / COP.
What is Heat Pump Savings Calculator?
Heat pumps move heat rather than creating it, achieving efficiencies (COP) over 300%. This tool compares running costs against traditional heating.
Step-by-Step Guide
- Current Bill – Heating portion of bill.
- COP – Coefficient of Performance.
- Calculate – New estimated cost.
Example
Input: $300 Resistance Bill, COP 3.0
Result: $100 New Cost
FAQ
What is COP?
Coefficient of Performance. Ratio of heat output to energy input.
Does it work in cold?
Modern units work down to -15°F (-26°C), though COP drops.
SEER vs HSPF?
SEER is cooling efficiency; HSPF/COP is heating.
Resistance heating?
Electric baseboards have a COP of 1.0 (100% efficient but expensive).
Gas comparison?
Depends on local gas vs electric rates.
Conclusion
Switching to a heat pump can slash heating bills by 60-70%. While installation is pricey, the monthly savings usually pay for the system within 5-7 years.