Costs of heat pumps- one Vermont experience

Here’s an interesting letter that appeared in the Caledonian Record a week ago, from a man who I don’t know,  Jonathan Baker of Danville. He writes this from his own experience

“My household recently decided to be good citizens and invest in heat pumps to move away from dirty and expensive heating oil. Unfortunately, the economics are not good.

“We were charged $7,500 for the installation of a mini split [heat pump] unit rated at 1.8 ton. You need around 3 tons for a 2,000-square-foot home, so we had to get two [units].

“The good news is the units did reduce our oil usage quite a bit, probably 75 to 80 per cent. However, our monthly electricity bill increased by over $300 dollars! With the astronomical installation costs, we won't break even on these units until long after our kids have graduated from college in 17 years.

“This almost completely offsets the heating oil savings, and gives you an idea of how incredibly expensive this effort will be and also why the power companies are so eager to give you an “incentive” to install heat pumps. They will make that money back within six months.”

“You may be keen on helping the environment, but just be aware it takes a lot of green to go “green.” Don't look down on others who can't afford to transition away from fossil fuels

Thank you, Mr. Baker.


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