Save Money With A Sub Zero Heating & Cooling Heat Pump , below is a guide for comparing heating sources & applications, based on a home of approx 2,000 sq ft
The following figures are a rough guide for comparing heating sources and applications. The cost figures are as of April 2011 for Cowichan Valley, BC. The figures below are based on a home of approximately 2,000 square feet and are in Canadian dollars.
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 full product line up please see following link Daikin AC
For full product line up please see following link American Standard Air