No more oil with cold climate heat pumps!

$1,200
75% to 99%
of space heating
100%
or more of air conditioning
$17,000
9.1%
Property
- Owner:
- John G
- Type:
- Residential
- Address:
- Ashland, MA 01721
- Size:
- 2,885 sq ft
- Energy need met:
- 75% to 99% of space heating
- 100% or more of air conditioning
Technology
- Type:
- High Efficiency HVAC
- Installed:
- July 2018
- Size of System:
- 4 tons
- Purposes:
- For space heating
- For air-conditioning
Financial Details
- Gross Cost of System:
- $17,550
- Value of Rebates:
- $550
- Net Cost of System:
- $17,000
- Annual Savings:
- $1,200
- Annual Revenue:
- $340
- Own or Lease:
- Purchase with Loan
- Additional Financial Notes:
- Annual revenue shown above is actually enjoyed as a one time upfront payment for 10 years of Alternative Energy Certificates (AECs) that are a payment for the thermal energy harnessed by the heat pumps. So the total payment is expected to be closer to $3,400!
Professionals & Suppliers
- Products:
- Carrier
- Installers:
- Nicholson HVAC
- Financing:
- Bank Five
What You Need to Know
Description:
Cold climate heat pump system integrated with our existing duct work provides us with efficient heating and cooling all year around.
Other Benefits:
Dehumidifies in the summer and humidifies in the winter. Very quiet system. No oil.
Maintenance Requirements:
Annual maintenance. Filter replacements.
Efficiency or Sustainability Improvements:
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My Motivation:
Furnace died, had to replace and could not consider keeping the oil. Wanted to move the house to all electric so the solar panels could power our system.
Advice:
Look into it!
Experience with Installer:
Two days, in and out. Cleaned up afterward and trained me on the new t-stat. Great work!
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