Is a Heat Pump a Good Choice for your Home?
This calculator estimates the energy savings you might see when you switch from your existing heating system to a heat pump. The savings estimate is based on the information you've provided about your current bill. Heat pumps produce heat more efficiently than many other technologies, thus in most circumstances, they will produce the same amount of heat for less money.
Select Current Heating System
Select Air Conditioning System
Estimated Monthly Electric Bill
For:
Home Insulation Levels
|
New Heat Pump Options
Estimated Installed Cost
Estimated Tax Credit*
Estimated Total Cost
Estimated Annual Savings
No Annual Savings
Reduction
Year-over-Year Bill Comparison
While your estimated results may include considerable monthly electric bill savings,
it is important to remember that the upfront cost of Heat Pump equipment and installation is significant,
whether purchased with cash or financed through a loan.
Note: These results can be adjusted to estimate future inflation scenarios using the input field below (Est. Annual Electricity Price Increase).
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