Deaconblue
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Does anyone have any idea how to figure out a cost/benefit on replacing a furnace with a new one? I have a heat pump, which is 8 yrs old. When we moved in last year, i had the house hooked up to natural gas. The AC bills are not bad but the heating bills are bonkers in the winter.
This doesn't answer your specific question, but does address the bigger question.
https://www.trane.com/residential/en/resources/heat-pump-vs-furnace-what-heating-system-is-right-for-you/
If you are north of the Mason-Dixon Line, winters are probably cold enough that the heat pump is running in electric furnace backup mode a lot. Hence the high electric bills in winter. Those electric furnaces are about 25% efficient. Heat pumps in heat mode are 100 - 300% efficient. In HVAC speak, the term of art for this is "COP." Most heat pumps have a COP of up to 3 (remove the %). Good gas furnaces are 90-95% efficient.
Here is a kilowatt (electric) to BTU (heat ) calculator.
https://learnmetrics.com/btu-to-kw-air-conditioning-calculator/
A therm of gas is 100,000 BTU.
The details specific to your situation require guesstimating the electricity being converted to heat at 25% efficiency, the cost for that electricity at whatever the price for electricity you are paying. Then figure how much gas you would need to burn for the same amount of heat.
That's your winter cost savings. For summer, need to know the SEER numbers of your current system vs proposed system.
A/C systems are also sold rated in tons. 1 ton means an A/C system can remove 12,000 BTU of heat per hour.
Trivia side note: 1 ton means that it can melt 1 ton of ice in 24 hours. That requires 288,000 BTU.
The big numbers are always the cost and installation of the replacement system. That usually varies somewhat with locality.
If you are in PA as your profile says, an A/C with gas furnace heat or a heat pump with gas furnace backup heat are probably your most cost effective options.
Heat pump with gas backup is the most energy efficient. The heat pump provides heat in its most efficient outside temp range (35 - 65 degrees) working at COP of 1 - 3 (equivalent to 100 -300% efficiency). Once the temp drops below 35, the gas furnace would provide heat.
Cost of electricity, cost of gas and cost of the various systems determine the economics.
Edited to fix technical details of COP vs efficiency. Per Connor el's post below.
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