I have a Pentair Ultratemp 140 Heat pump (140,000 BTU, 230v @ 50amps) and a Pentair 400,000 BTU natural gas hearer (4 Therms per hour). My current cost for electricity (just electricity-no other fees) is $ 0.145640 per kWh. My cost for natural gas is $1.296980 (just gas - no other fees) per Therm.
My calculations for the equivalent amount of heat output is $4.77 per hour for electricity and $5.19 per hour for natural gas - making the heat pump more efficient.
Am I off base here?
My calculations for the equivalent amount of heat output is $4.77 per hour for electricity and $5.19 per hour for natural gas - making the heat pump more efficient.
Am I off base here?