Electric Furnace Vs Heat Pump Cost

Homeadvisor s complete heat pump or forced air furnace guide defines the differences between electric and gas heat pumps and gas electric propane and oil furnaces.

Electric furnace vs heat pump cost.

Show me furnace and heat pump prices. An electric furnace or electric baseboard heat provides warmer heat but is more costly to run. Electric furnaces are generally less expensive to purchase than gas furnaces and cheaper to install. Compare the pros and cons.

Installation cost generally the initial cost and installation of a gas furnace is cheaper than a heat pump. The cost of a new electric furnace ranges from 1 000 to 2 500 while a gas furnace will cost between 3 000 and 4 000 before installation. To talk with a professional about upgrading your heating system contact an efficiency maine residential registered vendor. Heat pump vs furnace.

Final thoughts on the heat pump vs. The heat pump vs furnace debate is a difficult decision to make but hopefully you now know some of the pros and cons of each. If you live in the south where winter temperatures may only reach 40 to 60 degrees then a heat pump is the best fit for your home. Most of the reasons you would choose a heat pump vs.

Your fuel prices may differ. Gas furnace come down to where you live. However if your home requires cooling a furnace will need to be matched with an air conditioner. A water heat pump will only use around 190 worth of energy per year almost half of what a natural gas heater must use.

Heat pump vs electric furnace with air conditioner. Thanks for your compliments on the site. Installing a heat pump is often cheaper. A heat pump is cheaper to run and will provide air conditioning but it needs ducts.

Click here for an annual cost comparison chart using default values from the calculator above. Altogether your home comfort costs may be less with a heat pump. If you live in an area where electricity costs less than gas then a heat pump is also the better option. Both the electric furnace and the heat pump use all electric to produce heat.

The cost to have a gas furnace installed averages 4 500 and the cost to install an electric furnace runs about 4 000 but you could pay up to 10 000 or. A heat pump uses a refrigerant to transfer heat from other sources such as the outside air into the home. I think you would save some money on the heat pump. A heat pump can do both.

To consider the best form of heat a heat pump vs an electric furnace consider the circumstances of the new furnace. In general the bigger factor that should be used in your decision is the region you live in. It does not use a fuel to create heat and so is much more efficient that other options including natural gas heaters. Heat pumps are common in the south and provide heat and air conditioning.