Heat Pump Savings

Cost effective heating and cooling for all of your spaces

How Much Money Can I Save With A Heat Pump?

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 SourceHeat Value In BTUUnitsCost/UnitCost/1,000,000 BTUApprox. Annual Cost
Oil*36,596Litre$1.31/litre$50.12$5,012.00
Propane*24,197Litre$0.885/litre$47.55$4,755.00
Electricity*3,413kWh$.08/kW$23.44$2,344.00
Natural Gas948,213GJ$16.00/GJ$21.94$2,194.00
Air Source Heat Pump*3,413kWh$.08/kW$9.38$938.00
Ground Source Heat Pump*3,413kWh$.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