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Worried about your winter heating bill? Save money with heat pumps!

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Whether you use natural gas, propane, or heating oil for your boiler and furnace, this winter might be quite expensive. Depending on the fuel you use and where you live, you may be able to reduce your heating expenses by installing a modern HVAC equipment.

Prices are rising and will most certainly continue to rise. The cost of heating fuels such as propane, natural gas, and heating oil is expected to rise by at least 33%.

Rising energy prices reflect a worldwide energy crunch, as recovering economies struggle to scale up their output quickly enough after delaying capital investments.

Extreme weather patterns have also resulted in relatively low renewable energy generation in certain places, aggravating the shortages. So, if you’re concerned about your winter heating bills, there may be more you can do to protect yourself than block up poorly insulated places and replace your furnace filter.

Ductless heat pumps are getting a lot of attention these days. They are prevalent in European houses, and an increasing number of Canadian homeowners are deciding to install this highly efficient heating option as well.

The question is, how much can they actually save? An electrically heated house saves 50-60% on average. The calculation is simple: an electric baseboard provides 1 kWh of heat for every kWh of electricity consumed. A heat pump produces 3 kWh of heat for every kWh of electricity consumed. Heat pumps use electricity to operate, but they are far more efficient than the electric resistance heating systems that most households are familiar with, such as space heaters and baseboard heating. Heat pumps redistribute heat that is already present in the outside rather than immediately turning electrical energy into heat using electric resistance heating or converting heat from fossil fuels through combustion.

When comparing oil, gas, or wood heating sources, the age and thus efficiency of the furnace must be taken into account. Other house-specific factors that influence expected energy savings are, to mention a few, the energy rating of the heat pump, the size of the home, wall insulation, room temperature settings, occupancy, and the layout of the house.

According to a study of air to air (A2A) heat pumps in Canadian cities, replacing an oil or gas furnace can provide households with energy savings anywhere between 57 to 81 percent. This is remarkably significant, and it’s no wonder that more and more people are looking for houses that have these features.

Heat pumps are a tested technology that can be installed in a single day. They work well as a supplement to electric baseboard heaters or existing oil or gas furnaces. To supplement hydronic heating systems, wood stoves, or electric baseboard heaters, you might consider a wall-mounted mini split unit.
When compared to other kinds of heating, installing a heat pump is very affordable. While your monthly energy bill is instantly lowered, it takes an average of 1-5 years to return the initial investment cost, depending on the size and use of the system.

Technological improvements in recent years have resulted in the development of cold climate air source heat pumps. They use R-410A refrigerant to transfer heat from the outside (even at -30°C air has a heat content) inside your house. This means that free heat energy is harvested right at your home. Heat pumps save money because they produce more heat energy than they consume: 1 kWh of electric power is converted into 3 kWh of heat.

Unlike furnaces, which require central ductwork, and boilers, which distribute heat through radiators,; ductless heat pumps can be simply integrated into your home. Ductless heat pumps require just a minimal amount of outside area for the compressor and short copper pipe connections to the indoor units (evaporators) that provide heating or cooling to each room. Ductless heat pumps are a popular choice among consumers since they eliminate losses caused by ducting and can serve specific areas of the home. Furthermore, your home does not need to be connected to a natural gas pipeline in order to have access to low-cost heating.

They have the potential to minimize your carbon footprint. As we transition to a cleaner electric grid, powering the heating industry will be critical to reduce emissions. Heat pumps have the potential to completely decarbonize heating energy usage in the residential and commercial building sectors when combined with renewable technologies such as solar or wind.  For the first time, you may keep your apartment warm this winter guilt-free by not using fossil fuels. Heat pumps might just be the best option for you.

Installing a heat pump is a great decision if your current heating system is old and needs to be replaced, or if you want to supplement your existing HVAC system with a more efficient alternative.

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