Which Is Cheaper To Run Propane Or Electric Furnace

Installing a heat pump is often cheaper.

Which is cheaper to run propane or electric furnace.

With a propane heating system in recent years has cost far less than heating with an electric system in addition over time propane water heaters can cost one third less to operate and recover water twice as quickly as. Homeadvisor s complete heat pump or forced air furnace guide defines the differences between electric and gas heat pumps and gas electric propane and oil furnaces. According to the u s. Department of energy heating a home in the u s.

Because propane furnaces are estimated to be 90 percent efficient compared to electric heat s 100 percent efficiency it s necessary to add 10 percent to 27 33 to find the actual number of gallons. With the propane backup generator propane furnaces will continue to run even when the power goes out. There is however a third option when it comes to electric vs. Propane and oil both emit about the same amount of emissions if the furnace is properly maintained.

The cost to have a gas furnace installed averages 4 500 and the cost to install an electric furnace runs about 4 000 but you could pay up to 10 000 or. Electric furnaces are typically only better in dry climates with hot or mixed temperatures. Propane is cheaper than electric. An electric heat pump produces heat below the temperature of your body while a propane gas furnace keeps the air at a temperature of approximately 140 degrees fahrenheit operating in short intervals so that it doesn t boost operating costs.

Electric furnaces are generally less expensive to purchase than gas furnaces and cheaper to install. The cost of a new electric furnace ranges from 1 000 to 2 500 while a gas furnace will cost between 3 000 and 4 000 before installation. Over time propane furnaces also maintain their efficiency better than electric heat pump systems. Electric heat pumps are more energy efficient than gas furnaces and require much less electricity to operate than electric furnaces.

The average lifespan of a propane furnace is about 20 years while electric heat pumps last about 14 years. Compared with electric heat propane is better in so many ways. Compare costs efficiency installation operating costs and more for electric heat pumps vs gas heating to determine which hvac system is best for your home.