from Steve in Franklin, WI:
#210
As far as electric prices going higher and natural gas prices going lower, Would it still be worth putting in a "Air to Air heat pump"?
Heat pumps save money
A heat pump can still save money over a natural gas furnace, based on current energy prices in Wisconsin. The amount of savings will depend on a number of factors including fuel costs and usage. A contractor should be able to give you a good idea of the savings, and that savings combined with federal tax credits and Focus on Energy Cash-Back Rewards may make a heat pump a good idea for you.
The U.S. Department of Energy’s Energy Saver Web site offers a wealth of information about heat pumps and the various types on the market including: air-source, Ductless Mini-Split, and ground-source (geothermal).