1. Heat pumps can be used in Toronto almost year-round. Air conditioners are only used for a few short weeks of summer.
2. The price difference between heat pumps and air conditioners is becoming smaller and smaller. Ductless units lead the way. Today ductless heat pumps cost only $200 more than their equivalent air conditioners. At this small premium, ductless heat pumps are already a no-brain winner against ductless air conditioners.
3. Central air heat pumps may still cost $1000 more that equivalent central air conditioner, but even at this premium a heat pump is an easy choice instead of an air conditioner if you use electricity, propane, or oil for heating.
4. “Smart” hydro meters are coming. Here in Toronto, electricity at night and on the weekends will cost only 3.2 c per kilowatt. At this price and at 300% efficiency, electricity is becoming the energy of choice for heating.
5. Heat pumps take advantage of global warming. As winters in Toronto are getting milder, heat pumps are becoming more profitable.
6. No reason to worry about carbon monoxide poisoning or fuel (gas, propane, oil) escape inside of the house.
Company Resource: Household Heat Pump, Swimming Pool Heat Pump
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