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Step 3 - Review energy saving tips for appliances:
Just a few small changes in your household routines can add up over the year to big savings on your utility bills. Progress Energy has tips on how to reduce your energy costs on your home, yard and appliances. Learn what the biggest household energy wasters are and how to easily fix them.
Once you know how much energy your appliances use, you can make informed choices about how to spend your energy dollar. This tool can help you approximate energy costs for individual appliances and subsequent carbon footprint.
Home Appliance Energy Calculator
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How Much Can It Cost
To Heat My Home With A Gas Furnace Vs. A Heat Pump?*
House Built To State Energy Code
| Efficiency Level |
Gas Furnace
Cost/Year |
Heat Pump
Cost/Year
|
Heat Pump Cost
Savings/Year |
| Minimum Efficiency |
$1,312 |
$822 |
$490 |
| Mid-Efficiency |
$1,198 |
$766 |
$432 |
| High Efficiency |
$1,117 |
$713 |
$404 |
House Built To Progress Energy’s Energy Efficient Home Program/Energy Star**
| Efficiency Level |
Gas Furnace
Cost/Year |
Heat Pump
Cost/Year
|
Heat Pump Cost
Savings/Year |
| Minimum Efficiency |
$1,035 |
$663 |
$372 |
| Mid-Efficiency |
$942 |
$614 |
$328 |
| High Efficiency |
$878 |
$571 |
$307 |
*This is an estimate only. Actual results may vary depending on house type, location, occupant behavior and other factors.
**Energy Star heating estimates include the Progress Energy 5 percent discount. For more information about the Energy Star program, visit the website at www.energystar.gov/homes.
| Assumptions |
|
| House Size/Location: |
1908 sq. ft. in Raleigh, North Carolina |
| Thermostat Set Point: |
72°F heating |
| Fuel Pricing |
|
| (Published prices as of June 1, 2005) |
|
| Gas: |
$1.73700 per Therm. + $7.74 per month service charge |
| Summer Electricity: |
$0.09035 per kWh, July – October |
| Winter Electricity: |
$0.08035 per kWh, November – June |
| Electric Service Charge: |
$6.75 per month |
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