Have electric heat? Here's how much you could save with heat pumps
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Have electric heat? Here's how much you could save with heat pumps
"A single-family home could save an average of $1,530 a year, or $23,000 over the lifetime of a heat pump, according to an analysis from the energy-focused nonprofit RMI."
"Electric resistance heaters work essentially just like a giant toaster. They're a highly inefficient way to heat a house or apartment, yet they remain common, used in roughly 25 million American homes."
"Heat pumps, which work by moving heat, are around three times more efficient. They can both heat and cool; new heat pumps are also around 20% more efficient than older air conditioners."
"In Texas, where the older technology remains especially common, homeowners could collectively save nearly $2 billion a year on energy bills if everyone upgraded."
A report indicates that switching from electric resistance heating to heat pumps can save a single-family home an average of $1,530 annually, totaling $23,000 over the heat pump's lifetime. If all potential U.S. homes made the switch, annual savings could exceed $20 billion, while avoiding 38 million metric tons of CO2 emissions. Electric resistance heaters are inefficient, used in about 25 million homes, while heat pumps are three times more efficient and can also cool. The biggest savings occur in colder climates, with significant potential savings in Texas as well.
Read at Fast Company
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