Will a heat pump pay off in Bonham, TX?
Bonham sits right on the fence — how long you'll own the house decides this one. Swap a failed furnace and AC for a heat pump rather than buying like-for-like, and the extra cost here runs $3,500 after a $2,000 federal tax credit. Bonham's residents would see roughly $338 a year back in running costs, putting the payback around 10.4 years. Whether that's worth it in Bonham depends on how many years you expect to own the place.
Why Bonham's climate drives this number
Degree days tell the story here: Bonham racks up 2175 heating degree days each year (base 65°F), and summers are severe enough that cooling can dominate the annual bill, with 2731 cooling degree days on the cooling side. The 99% winter design temperature here — the cold snap equipment must be sized for, not the seasonal average — is 12.2°F, against a record low of 8.6°F. That puts the seasonal coefficient of performance at 2.99 for the recommended cold-climate unit. Bonham needs the cold-climate class of unit: past a 25°F design temperature a standard heat pump falls back on resistance backup often enough to eat the savings. Climate figures trace to the nearest NOAA station, EAKER FIELD AIRPORT, 27.1 miles from Bonham.
The month-to-month numbers for Bonham
Electricity use for heating alone comes out to about 1,842 kWh a year on the 2000-square-foot reference house; folding in cooling puts the electric bill near $674 a year. That compares with roughly 23 Mcf a year of gas at Bonham's 19.42 per-Mcf rate — about $1,012 a year — against a local electricity rate of 16.15¢/kWh. Priced as a standalone purchase rather than against a like-for-like replacement, equipment payback runs about 39.9 years, for a 15-year net position $1,570 ahead.
Electric resistance heat in Bonham, compared
Plenty of homes in Bonham heat with electricity alone, no gas line involved. Compared with baseboard or electric-furnace resistance heat, the numbers shift in the heat pump’s favor. About $788 a year comes back this way, enough that the 10.2-year payback clears the $8,000 premium comfortably within the equipment's life.
Bonham against the rest of the country
Bonham lands at position 2348 out of 3206 cities on heating severity (coldest is 1), and 2965 out of 3206 by population size (biggest is 1). That's the mildest third of cities covered, where utility rates carry more of the answer than climate does.
What to do with this number in Bonham
About 11,115 people live in Bonham, Texas, and every number on this page is what a contractor would actually work from when quoting a system here — the point isn't to replace that quote, it's to tell you whether to bother asking for one. Here, there's no cost penalty to waiting until your current furnace or AC actually needs replacing.
Get quotes from local HVAC contractors before deciding.
Reading further on this page's numbers
The methodology guide walks through exactly how Bonham's 2.99 seasonal COP and the rest of this page's numbers get built. Bonham's 12.2°F design temperature is below the 25°F line, which is why a cold-climate unit is the right call here — see what that changes in the cold-climate unit guide.