Heat Pump vs. Oil Furnace
#1
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Join Date: Apr 2003
Location: Denville, NJ
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Heat Pump vs. Oil Furnace
I am completely replacing my heating/cooling. I am considering 3 options:
1. New Oil furnace with variable speed blower, New Central Air 5 Tons 13 SEER (You may get 14 SEER with the variable speed blower), Zone Damper System for two zones. Cost: $8k
2. 16 SEER (two-speed) dual fuel Heat Pump, Oil Furnace, Zone Damper System for two zones. Cost: $10.5k
3. 16 SEER (two-speed) dual fuel Heat Pump, Zone Damper System for two zones, Fan Coil (water coil that will provide the system with a secondary heat source), oil-fired water heater to replace the electric water heater and provide the domestic hot water. Cost: $12k
I have a 5 year old electric hot water heater. I purchase about 900-1000 gallons of heating oil at $2.40/gal. I live in NJ.
Does anyone have any approximation as to how much each upgrade would save annually? What are your thoughts in general.
1. New Oil furnace with variable speed blower, New Central Air 5 Tons 13 SEER (You may get 14 SEER with the variable speed blower), Zone Damper System for two zones. Cost: $8k
2. 16 SEER (two-speed) dual fuel Heat Pump, Oil Furnace, Zone Damper System for two zones. Cost: $10.5k
3. 16 SEER (two-speed) dual fuel Heat Pump, Zone Damper System for two zones, Fan Coil (water coil that will provide the system with a secondary heat source), oil-fired water heater to replace the electric water heater and provide the domestic hot water. Cost: $12k
I have a 5 year old electric hot water heater. I purchase about 900-1000 gallons of heating oil at $2.40/gal. I live in NJ.
Does anyone have any approximation as to how much each upgrade would save annually? What are your thoughts in general.
#2
Join Date: Aug 2002
Location: Mountain Williams Missouri
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First go to http://warmair.net and compare fuel cost for what you want to do.
First Id say no way put a furnace and 5 ton AC Hp in a home on a zone control damper set up . You have to by pass to much air . Over the years have found it just dont pay. Put two units in . They will pay you back.
For sure you want the V/S blower on the units . Go for a seer of 15 or better. Im not to hot on the 2 speed compressors . Might look into the 2 compressor units like a Xl19i that will also give you a better HSPF on the units
Id still stay with a new electric hot water here. If you go for a seer of 15 or over and new water tank you can get a tax credit from the IRS
First Id say no way put a furnace and 5 ton AC Hp in a home on a zone control damper set up . You have to by pass to much air . Over the years have found it just dont pay. Put two units in . They will pay you back.
For sure you want the V/S blower on the units . Go for a seer of 15 or better. Im not to hot on the 2 speed compressors . Might look into the 2 compressor units like a Xl19i that will also give you a better HSPF on the units
Id still stay with a new electric hot water here. If you go for a seer of 15 or over and new water tank you can get a tax credit from the IRS