Here is a guide to comparing heating sources & applications, based on a home of approximately 2,000 square feet.
These figures are based on a home of approximately 2,000 square feet and in Canadian dollars. They are as of April 2011 for Cowichan Valley, BC.
Heat Pump Savings
| Energy/Fuel Source | Heat Value In BTU | Units | Cost/Unit | Cost/1,000,000 BTU | Approx. Annual Cost |
|---|---|---|---|---|---|
| Oil* | 36,596 | Litre | $1.31/litre | $50.12 | $5,012.00 |
| Propane* | 24,197 | Litre | $0.885/litre | $47.55 | $4,755.00 |
| Electricity* | 3,413 | kWh | $.08/kW | $23.44 | $2,344.00 |
| Natural Gas | 948,213 | GJ | $16.00/GJ | $21.94 | $2,194.00 |
| Air Source Heat Pump* | 3,413 | kWh | $.08/kW | $9.38 | $938.00 |
| Ground Source Heat Pump* | 3,413 | kWh | $.08/kW | $4.68 | $468.00 |
*Propane furnace @ 70% efficiency
**Oil furnace @ 60% efficiency
*Electric furnace @ 100% efficiency
*Air source heat pump @ 2.5 COP
For the full product line up please see the following link Daikin AC
For the full product line up please see the following link American Standard Air
