1. What is a Heat Pump Savings Calculator?

Definition: This calculator estimates the cost savings from using a heat pump compared to traditional heating systems.

Purpose: It helps homeowners and businesses evaluate potential energy cost savings when switching to heat pump technology.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• \( Savings \) — Cost savings (currency)
• \( Baseline\ Energy \) — Energy used by traditional system (kWh)
• \( HP\ Energy \) — Energy used by heat pump (kWh)
• \( Price \) — Cost per energy unit (currency/kWh)

Explanation: The difference in energy consumption is multiplied by the energy price to determine monetary savings.

3. Importance of Heat Pump Savings Calculation

Details: Accurate savings estimation helps justify heat pump investments, forecast payback periods, and compare different system efficiencies.

4. Using the Calculator

Tips: Enter the baseline energy consumption (traditional system), heat pump energy consumption, and your local energy price (default $0.12/kWh). All values must be ≥ 0.

5. Frequently Asked Questions (FAQ)

Q1: What's included in baseline energy?
A: This should be your current system's annual energy consumption for heating/cooling (typically in kWh).

Q2: How do I estimate HP energy consumption?
A: Check manufacturer specifications or use: (Home's heating load in BTU) ÷ (HP's COP × 3.412) = kWh needed.

Q3: What if my heat pump uses more energy?
A: The calculator will show negative savings, indicating higher costs with the heat pump.

Q4: Should I include cooling savings?
A: Yes, include both heating and cooling energy differences for complete annual savings.

Q5: Does this account for installation costs?
A: No, this only calculates operational savings. Compare with installation costs separately for ROI analysis.