HeatPumpPayback

Should Sleepy Hollow switch to a heat pump?

Here in Sleepy Hollow, the honest answer is that a heat pump raises your annual running cost. $3,500 is what Sleepy Hollow 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. The heat pump would cost about $164 more a year to run than the furnace it replaces — a premium with no payback. There's no spin on that: Sleepy Hollow's numbers say wait.

Why Sleepy Hollow's climate drives this number

Sleepy Hollow has a real but manageable winter — 4760 heating degree days a year against a 65°F base — and summers add a moderate cooling load, at 888 cooling degree days. Sizing runs off the design temperature, not the average day: 15.1°F here (record low 6.1°F), which works out to a seasonal COP of 3.06 for the cold-climate class of unit this climate calls for. Sleepy Hollow 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 WESTCHESTER COUNTY AIRPORT, 8.9 miles from Sleepy Hollow — the closest one on record.

What it actually costs to run, year to year

Electricity use for heating alone comes out to about 3,939 kWh a year on the 2000-square-foot reference house; folding in cooling puts the electric bill near $1,372 a year. Sleepy Hollow's gas rate of 17.58 per Mcf, applied to the 50 Mcf a year the furnace burns, puts its running cost near $1,208 a year, against 29.22¢ per kWh for electricity. Looked at as a full purchase rather than an incremental one, payback here is longer than the 15-year equipment life, leaving the 15-year total $5,966 behind.

Electric resistance heat in Sleepy Hollow, compared

Gas isn't universal in Sleepy Hollow — many houses run on electric heat already. Against electric-resistance heat — baseboard or an electric furnace, both 100% efficient but still just resistance — the case for switching gets stronger here. Switching saves about $2,486 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 3.2 years.

Sleepy Hollow against the rest of the country

Ranked against the other 3206 cities covered, Sleepy Hollow comes in at 989 for heating severity — 1 would be the coldest place in the dataset — and 2908 by population, where 1 is largest. That's the coldest third of the dataset, where climate does most of the work behind this figure.

Next step for 11,427 people in Sleepy Hollow

About 11,427 people live in Sleepy Hollow, New York, 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.

Ask a local HVAC contractor for a quote before committing either way.

More on how this number was built

Every constant behind this page — the 3.06 seasonal COP, the degree-day corrections, the equipment costs — is documented in the methodology guide. At a 15.1°F design temperature, Sleepy Hollow sits in cold-climate territory; the guide to that class of unit explains why.