Our 1750 sq. ft. country home is 27 years old with 2x6 construction. It still has an air heat pump with backup electric elements in a forced air furnace. The heat pump has a leak where the bracket rubbed a hole in the outside condensor and no one wants or knows how to alunimum weld to fix it.
All contractors say replace everything with a new gas furnace which I am getting quotes. I have to run a new gas line from the road with me paying for 20M at $30/Meter.
Last year we installed a fireplace insert good for 3,000 sq. feet. We mainly use this with free scraps of hardwood but I want a lazy man's backup instead of just using those electric elemements. My wife has been talking about an outdoor wood furnace for $10,000 Cdn. while she is getting free wood scraps while working for a kitchen cabinet company. I say the free wood won't last forever, then what.
Should I be looking into a heat pump using electric prices or just be putting in a high efficentcy furnace like the contractors are gearing me for? Also my electronic air cleaner values about $600 is still working, should I keep it installed until it breaks, or is it just a grease trap and should be removed and go with regular filters monthly. Did't know how long they last.
I have been told that by electric company that they will not be double charging such as $0.05/KWhr and another $0.05/KWhr like last year as the govenment has told them when winter hits they cannot double charge when consumer use goes over the 1st 1,000KWhr/month.
Last year we paid $2,100 Cdn. for the total heating/hydro bill but we did use wood. Natural gas prices will be going up and the thing that we all hate, is paying for another administration cost of an utility.
Prices on Goodman furnace installed were approx. $3200 including tax and gas pipping, adding a 2nd air duct intakes, etc. Another $600 to pay Natural Gas for 20 Meters of outside piping. We will have to pay for an A/C later in the spring as I wanted to see what was happing with sear ratings over winter, etc. I was told to stay away from KeepRight.
Maybe I should go heat pump instead of gas. What do you think? I not sure of calculations on gas vs. electric on BTU's, etc. I've been told that heat pumps are only efficient for higher temperatures and not cold winters in Ontario. Local contractors might try to steer me away from heat pumps as they all seem to not deal with them for repairs. They have said heat pumps don't last that long also as expensive compressors burn out, but I assume so does that A/C compressors. Also if I resell the house years down the road, what would the consumer want, electric or natural gas?