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jinx_1832

Heat Pump.....will it really save me money?

Jinx_1832
12 years ago

I recently moves into a new house in Mass, a 1650 sq ft house built in 1998. We have a 1 zone central AC - Rheem 10 seer 3 ton and a 2 zone heating system - Burnham Boiler (tankless water heater) that has 80% efficiency but is oversized for the house.

The 1st investment we made was to install a solar PV system as in MA the incentives are great and payback is about 4 years. We have no option for natural gas, so heat pumps seems like a great option to curb heating costs and utilize the cheap electricity.

I received the following quote:

Option #1

Bryant Evolution Extreme Cold Climate Hybrid Heat Pump

20 SEER 13 HSPF

3 ton 280ANV036 and FE4003

1 Bryant Evolution thermostat control

Electromagnetic HEPA filter

$9,000

Is this system any different than other heat pumps, what makes it perform better in cold temps? I am struggling to quantify the cost to operate this system in cold temps and when you would use oil to back-up.

What other systems should i investigate for competitive quotes?

Thanks for your help!

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