A new heat pump would cost a homeowner 25 600 to buy and operate over 15 years compared to 26 900 for a replacement furnace that continues burning heating oil or 39 200 for propane.
Can i convert my propane furnace to electric.
To go electric you will need a new furnace and maybe a new electrical panel and service.
Super important for a livable biosphere.
Not to mention you have to drop 2000 for the season up front on gas.
The cost of gas propane around here is astronomical compared to a house that has an electric furnace range water heater.
We were successful in getting off methane immediately using this idea.
I d rather drop 2500 over the course of the season.
Converting from electric baseboard heating or a boiler system in this case your home most likely doesn t have any ductwork which makes the switch much more complicated and costly.
Installing ductwork throughout your house is a big job and usually requires a heat loss calculation be done by an engineer costs about 500 800.
Then propane then electric.
In total you might expect to spend 3500 8000 to switch from an oil or electric forced air furnace to a high efficiency propane or natural gas system.
The report finds that replacing oil and propane furnaces boilers and water heaters with high efficiency electric heat pumps can often reduce total energy use and energy bills and will also reduce emissions in many cases.