HeatPumpPayback

Will a heat pump pay off in Santaquin, UT?

Santaquin technically pencils out, but only past the point the equipment would need replacing anyway. Against a like-for-like gas furnace and AC swap, going electric costs $3,500 more up front here (already netting out a $2,000 tax credit). Santaquin's residents would see roughly $50 a year back in running costs, putting the payback around 69.5 years. Santaquin's own numbers say this pencils out only in theory, not in practice.

The climate behind Santaquin's payback figure

Degree days tell the story here: Santaquin racks up 5203 heating degree days each year (base 65°F), and summers are hot enough that cooling matters as much as heating, with 1246 cooling degree days on the cooling side. 12.9°F is the figure equipment gets sized against here — the 99th-percentile cold snap, not an average day — with a record low of 12°F on file. Worked through the model, that's a seasonal COP of 3.01 on the cold-climate unit fit for this climate. Santaquin 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 PROVO MUNICIPAL AIRPORT, 17.6 miles from Santaquin — the closest one on record.

The month-to-month numbers for Santaquin

Electricity use for heating alone comes out to about 4,377 kWh a year on the 2000-square-foot reference house; folding in cooling puts the electric bill near $714 a year. That compares with roughly 54 Mcf a year of gas at Santaquin's 10.19 per-Mcf rate — about $764 a year — against a local electricity rate of 13.12¢/kWh. Priced as a standalone purchase rather than against a like-for-like replacement, equipment payback runs about 267.9 years, for a 15-year net position $2,744 behind.

The other scenario: no gas furnace to begin with

Not every home in Santaquin has gas service. Against electric-resistance heat — baseboard or an electric furnace, both 100% efficient but still just resistance — the case for switching gets stronger here. The saving here runs about $1,227 a year, which recovers the extra $8,000 spent going electric in roughly 6.5 years.

How Santaquin compares nationally

Santaquin lands at position 570 out of 3206 cities on heating severity (coldest is 1), and 2060 out of 3206 by population size (biggest is 1). That's the coldest third of the dataset, where climate does most of the work behind this figure.

Next step for 18,394 people in Santaquin

About 18,394 people live in Santaquin, Utah, 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

Every constant behind this page — the 3.01 seasonal COP, the degree-day corrections, the equipment costs — is documented in the methodology guide. At a 12.9°F design temperature, Santaquin sits in cold-climate territory; the guide to that class of unit explains why.