HeatPumpPayback

Heat pump vs. gas furnace in Woodridge, IL

Woodridge is a place where a heat pump genuinely costs more to operate than the alternative. $3,500 is what Woodridge 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. Running costs here land $250 a year HIGHER than the furnace it replaces, so that premium is never recovered. There's no spin on that: Woodridge's numbers say wait.

The climate behind Woodridge's payback figure

4951 heating degree days pile up here every year, so Woodridge has a real but manageable winter; the cooling side runs to 1049 cooling degree days, where summers are hot enough that cooling matters as much as heating. Sizing runs off the design temperature, not the average day: -4°F here (record low -13°F), which works out to a seasonal COP of 2.6 for the cold-climate class of unit this climate calls for. Woodridge 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, LEWIS UNIVERSITY AIRPORT, 9.5 miles from Woodridge.

What it actually costs to run, year to year

Modelled on a typical 2000-square-foot house, the heat pump draws about 4,822 kWh a year to keep it warm, plus cooling, for a combined electric bill near $1,090 a year. That compares with roughly 52 Mcf a year of gas at Woodridge's 11.25 per-Mcf rate — about $839 a year — against a local electricity rate of 19.06¢/kWh. Buy it outright, not incrementally, and payback stretches to beyond the 15-year equipment life; over 15 years the net position sits $7,254 behind.

If your home heats with electric baseboard instead of gas

Not every home in Woodridge has gas service. Compared with baseboard or electric-furnace resistance heat, the numbers shift in the heat pump’s favor. Switching saves about $1,559 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 5.1 years.

Woodridge against the rest of the country

Woodridge lands at position 807 out of 3206 cities on heating severity (coldest is 1), and 1205 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 34,103 people in Woodridge

About 34,103 people live in Woodridge, Illinois, 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.

Where Woodridge's figure comes from

Every constant behind this page — the 2.6 seasonal COP, the degree-day corrections, the equipment costs — is documented in the methodology guide. At a -4°F design temperature, Woodridge sits in cold-climate territory; the guide to that class of unit explains why.