A new heat pump would cost a homeowner $25,600 to buy and operate over 15 years, compared to $26,900 for a replacement furnace that continues burning heating oil or $39,200 for propane.

Air source heat pumps are made up of an outside unit and an inside unit. They can also be hooked up to ducts, like a furnace. Mitsubishi Electric Trane HVAC US (METUS) By Francesca Paris Heat pumps ...

"Heating oil has shown some declines, but propane has shown tremendous gains," he said. There may be plenty of propane in Vermont right now, but Cota said come January and February, that could change.

Propane heat typically is more costly than oil, and fewer than 7 percent of Maine homes are warmed by it, according to 2010 census figures. But the run-up in global crude prices has pushed heating ...

Still, costs are up across the board compared to last winter — nearly 26% and 14.5% for heating oil and natural gas, respectively, and 10.5% and nearly 9% for electricity and propane, respectively.

My 3-ton heat pump takes about 1lb of propane. There’s more danger in a house from a 20oz propane torch canister with the valve not tightly closed. Report comment. Reply.

Heating with propane and electricity cost $1,162 and $1,180, on average, respectively, in the winter of 2020-2021. “For the foreseeable future, home energy is going to be expensive,” Wolfe said.

JAMESTOWN, N.D. -- Rural residents using propane or heating oil to heat their homes could save more than 25 percent on their heating costs this winter, according to Tim Hess, a petroleum market ...

Those with electric heat will pay about the same amount, roughly $1,360, while those who heat with propane will pay an estimated $1,727, up $59 from the earlier projection.

Still, costs are up across the board compared to last winter — nearly 26% and 14.5% for heating oil and natural gas, respectively, and 10.5% and nearly 9% for electricity and propane, respectively.