VIDEO: How Does a Heat Pump Save Me Money on Oil if I have a Forced Air Furnace?

Here’s a few quick notes from the video.

• The average home in HRM and across Nova Scotia with Oil Hot Water Baseboard spends $3,000 to $3,500 on oil a year
• 1/3rd of that amount is for hot water & 2/3rd is for heating
• That’s $2000 – $2300 on heat and about $1000 a year on hot water
• There are two types of central ducted heat pumps: Add-on units and replacement central ducted heat pumps
• Add-ons are a good option if you have a newer furnace
• Replacement units are good if you have an older furnace or would like to get off oil all together
• You will also enjoy air conditioning and dehumidification in the summer months