After their seasonal heating costs accounted for an outrageous percentage of their energy bill, a homeowner wanted the scoop on whether a next-gen HVAC was worth the upfront cost.
In Reddit's r/heatpumps community, the homeowner revealed they spent between $350 and $500 each month between November and March to keep their Texas dwelling at a mere 68 degrees Fahrenheit.
While heating and cooling make up around 43% of an average household's utility bill, according to the U.S. Department of Energy, the OP estimated their electric strip — their sole source of heating — accounted for a whopping 80-90% of their electricity usage.
However, they were eager to hear whether installing a heat pump would drastically slash their heating costs in the way they dreamed.
Unlike outdated HVAC models — many of which burn gas to generate heat — heat pumps increase or decrease indoor temperatures by moving heat. This makes them much more energy-efficient, resulting in lower electric bills while also reducing heat-trapping gases released by a U.S. grid still mostly reliant on polluting dirty fuels.
"How much can I reasonably expect to save with a heat pump in Texas? I've heard of people cutting bills in half," the OP asked, adding that they were wary of paying thousands for the next-gen device without more information.
Other Redditors quickly assured the OP that installing a heat pump would be well worth it.
"Oh, my goodness, yes. If you're currently heating your house with electric resistance heat, you'll see tremendous cost savings," one commenter wrote.
"The HP should pay for itself quickly," another said.
However, a third person advised the OP to do more research before going all-in on a particular heat pump, as their savings would depend "on the specs of the unit you get installed."
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Which of these factors would most effectively motivate you to buy a heat pump? Click your choice to see results and speak your mind. |
Lower energy bills 💰 "If you're going to DIY it, you'll have to dive into the spec sheets yourself," they added.
Indeed, the heat-pump market offers all sorts of devices, making it difficult for prospective buyers to determine which system is the best fit for their homes and budgets.
Fortunately, companies like Mitsubishi are around to connect homeowners with trusted professionals who can assist with the process.
Many heat pump models also qualify for a 30% tax credit under the Inflation Reduction Act and additional local rebates — significantly slashing the upfront investment required to begin reaping the benefits of the next-gen heating and cooling devices, from lower electric bills, to increased peace and comfort, to a cleaner planet for future generations.
If you're interested in upgrading to a heat pump, getting started on your journey with Mitsubishi sooner rather than later could ultimately save you thousands of dollars. President Donald Trump has indicated that the IRA is not part of his administration's plans, and Congress could approve changes to the legislation that impact the availability of subsidies.
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