Submitted by haitiandev t3_10ixo1u in massachusetts
techorules t1_j5kvj3v wrote
Reply to comment by THINKFR33LY in Monthly Electricity Bill Is Killing Me by haitiandev
Maybe not "Fully" efficient but my Mitsu Hyper Heat Pump has a COP of 1.7 at -15 F. So even at those temperatures it can beat out other fuel types depending on prices. For instance for a propane customer even with a fairly high electric rate per kWh would still beat out propane. Probably oil too.
langjie t1_j5l14ap wrote
3412 btu/kwh x 1.7 COP = 5,800 btus.
oil at $4 /gal: 138,700 btus * 80% boiler efficiency = 110,960 btu's (19.1 kwh of heat pump). electricity needs to be at 21 cents/kwh to be equal to $4 oil if outside is @ -15°F
propane at $2.5 /gal: 91,700 btus * 80% boiler efficiency = 73,360 btu's (12.6 kwh of heat pump). electricity needs to be at 20 cents /kwh to be equal to $2.50 propane if outside is -15°F
all depends on the rate but also it's typically not that cold out so the math changes with increased efficiency
techorules t1_j5l3wyu wrote
Cool. Yeah my electricity is way below those figures..... Also propane averages in Mass are way way higher than $2.5. My last delivery (which I am hoping I literally my last ever) was over $4. And with climate change sadly -15F is pretty rare indeed.
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