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post #14 of (permalink) Old 2011-01-22, 02:29 AM
57
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Join Date: May 2002
Location: Toronto, Rogers, 9865 & 8300-eHDD, Sharp LC75N8000U, Denon AVR4310Ci; Sony KDL40W3000, 9865
Posts: 55,164
Quote:
Electricity price is quoted as...
Please be aware of all of the charges that go into your bill. Here's a sample post from last year (no major changes, only minor ones):

http://www.digitalhome.ca/forum/show...86#post1090886

Quote:
2,746 KWH at a total cost of $415.81 (HST incl.) thereby costing an average of 6.6 cent per KWH."
As mentioned earlier, this is backwards and is actually closer to 15 cents, which is corroborrated by my link above.

A single bill is meaningless, what you need to know is your baseload electrical usage in kWh, what you then use for heating in kWh and what the heating degree day comparisons are for the periods in question. A proper analysis without arithmetic errors will be a good idea before switching, since as mentioned earlier, heat pumps are usually quite economical, although with current very low gas prices they may seem a bit high, but wait a short while and gas prices could rise again and be more expensive than an electrical heat pump.

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