Did you freeze all winter and still find out that your utility bills were still sky high! Did you think your electric bill was your car payment this month? This can be a tough time of the year. It is hard to budget for these high utility cost and you never know how much you have spent until after the bill arrives in your mail box.
Let’s start off by explaining what type of heating systems are most common in our area so you can identify with what is in your home. The four most common heating units we put in our homes are Geothermal, Dual Fuel, Electric Heat Pump, and Gas furnace. Kentucky has some of the cheapest electric rates in the country. Therefore most homes utilize electric consumption to heat their homes.
Geothermal is the most energy efficient way to heat your home. The geothermal system has the highest up front cost, but once you apply for the 30% tax credit from the federal government it will cost about the same as a dual fuel heating system. This system has long loops that are drilled deep into the ground then water is ran through the loops and is heated up by the earth’s underground temperature. Once the warm water returns to the system a heat pump pulls the heat from the water to heat your home. Geothermal uses the natural resources of the earth’s constant temperature from deep beneath the earth’s surface to heat your home. This system has a very low operating cost and gives you a rich warm heat. It requires very little electricity and is very efficient regardless of the outdoor temperature.
The electric heat pump is a very common heating system for homes in our area. A heat pump is designed to take the heat out of the air and redistribute that heat throughout your home. It is able to do this with very little electricity. This heating system is popular in our area because Kentucky has the cheapest electric rates in the country. Unfortunately when the outside temperature drops to below 35 degrees there is not very much heat in the air, so the electric heat strips turn on to supplement the heat for the house. This uses a lot of electricity and can drive up utility bills. Some customers complain that the heat is not as warm as compared to gas heat.
A gas furnace is popular among older homes in our area. Inside the furnace is a gas burner that is regulated by a thermostat in your home. It gives off a very warm heat and is preferred by many people. These units will burn a lot of gas throughout the year and unfortunately gas rates can be expensive.
Duel fuel heating system combines the best of both an electric heat pump and a gas furnace to make the most comfortable and efficient heating system. The electric heat pump will heat your home when there is enough heat in the air to extract and heat your home. When the temperature falls below 35 degrees the gas furnace will kick on. The cost to operate this system above 35 degrees is cheaper with electric. The cost to operate this system below 35 degrees is cheaper with gas. This gives you the best of both worlds and is what we most recommend to our clients.
When you decide to build a new James Monroe Home we will go over the pros and cons of each of these systems. We will help you choose the best system for your comfort needs that will fit in your budget, and give you the best return on your investment. The heating system is only part of the equation continue to read our next blog to learn about the rest of the equation.
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