HeatPumpPayback

Cleveland Heights, OH: the heat pump payback math

Cleveland Heights technically pencils out, but only past the point the equipment would need replacing anyway. $3,500 is what Cleveland Heights would pay extra to go electric rather than replace the furnace and AC with the same again, once the $2,000 federal credit is applied. That premium is recovered through $9 of lower running costs every year, landing the payback clock at roughly 403.7 years. That's a technicality, not a recommendation, for anyone actually living in Cleveland Heights.

How cold Cleveland Heights actually gets

Cleveland Heights has a real but manageable winter — 4550 heating degree days a year against a 65°F base — and summers add a moderate cooling load, at 870 cooling degree days. 10.6°F is the figure equipment gets sized against here — the 99th-percentile cold snap, not an average day — with a record low of 4.1°F on file. Worked through the model, that's a seasonal COP of 2.95 on the cold-climate unit fit for this climate. Cleveland Heights 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. Source: NOAA station CLEVELAND, 3.8 miles from Cleveland Heights — the closest one on record.

The month-to-month numbers for Cleveland Heights

Modelled on a typical 2000-square-foot house, the heat pump draws about 3,905 kWh a year to keep it warm, plus cooling, for a combined electric bill near $855 a year. Cleveland Heights's gas rate of 13.85 per Mcf, applied to the 47 Mcf a year the furnace burns, puts its running cost near $864 a year, against 18.40¢ per kWh for electricity. Priced as a standalone purchase rather than against a like-for-like replacement, equipment payback runs about 1557.3 years, for a 15-year net position $3,370 behind.

If your home heats with electric baseboard instead of gas

Not every home in Cleveland Heights has gas service. Swap the comparison to resistance heat instead of gas, and Cleveland Heights's answer improves. Switching saves about $1,472 a year here — a heat pump moving heat rather than generating it needs far less electricity than resistance coils — so the extra $8,000 spent up front comes back in about 5.4 years.

Cleveland Heights against the rest of the country

Ranked against the other 3206 cities covered, Cleveland Heights comes in at 1136 for heating severity — 1 would be the coldest place in the dataset — and 936 by population, where 1 is largest. That's the middle third for winter severity among the cities covered here.

What to do with this number in Cleveland Heights

Cleveland Heights, Ohio is home to about 44,064 people, and the figures above are the same ones a local HVAC contractor uses to size and quote a system — this site doesn't guess where a real quote would land, it just tells you whether it's worth asking for one. In Cleveland Heights, nothing is lost by holding off until the current equipment genuinely fails.

Get quotes from local HVAC contractors before deciding.

Reading further on this page's numbers

Nothing above is a black box: the methodology guide shows the full arithmetic behind Cleveland Heights's 2.95 seasonal COP and payback figure. At a 10.6°F design temperature, Cleveland Heights sits in cold-climate territory; the guide to that class of unit explains why.