Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Heat Pump Savings Calculator (vs Gas or Oil)
Compare the annual heating cost of a heat pump against a gas or oil furnace using your heat demand, the heat pump's COP, furnace efficiency, and both fuel prices. Useful before buying a heat pump or filing for electrification rebates.
Annual heating savings
435.29 $/yr
$200-600/yr is the common range versus gas at moderate rates. The $435 example (COP 3, $0.07 fuel) recoups a typical $4-6k cost premium in roughly 10-14 years.
Savings compare delivered-heat fuel cost against heat-pump electricity cost; a positive number means the heat pump is cheaper to run, driven mainly by COP versus furnace efficiency and the electricity-to-fuel price ratio.
Solar Savings Calculator
Calculate monthly bill savings from a solar PV system by multiplying solar production by your electricity rate. Use it to estimate the financial benefit of an installed or planned system month-by-month.
Key differences
| Heat Pump Savings Calculator (vs Gas or Oil) | Solar Savings Calculator | |
|---|---|---|
| Category | Solar Energy | Solar Energy |
| Inputs required | 5 | 2 |
| Result | Annual heating savings ($/yr) | Monthly Savings ($) |
| What it does | Compare the annual heating cost of a heat pump against a gas or oil furnace using your heat demand, the heat pump's COP, furnace efficiency, and both fuel prices. Useful before buying a heat pump or filing for electrification rebates. | Calculate monthly bill savings from a solar PV system by multiplying solar production by your electricity rate. Use it to estimate the financial benefit of an installed or planned system month-by-month. |