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As empty-nesters, we have relatively stable energy usage.
We also have an unusual situation, where we can actually compare "Alternative Hot-Water" heating sources.
We have a Heat Pump, and Instantaneous Gas and I can disable either, or use them in tandem.
Should you be interested, I have been spending time and running the two and logging the data.
Fortunately, these days, the old gas bill is now understandable, and you are able to convert daily usage into simple Dollars and Cents, so here are the results..
The average daily consumption for hot water is..
........................................................OffPeak......Shoulder.......PEAK
Gas............0.5meter units @ $0.62/unit = .. 31c............31c...........31c
Electricity.....2.9meter units @ $0.08/unit = .. 22.5c.........40.5c........107c
Now, it's important to note that this is based on full use of OFF PEAK TOU electricity prices and both Electricity and Gas are discounted by 7%.
I have included for comparison, the Heat-Pump electricity costs IF I were to let it run during other times.
What I would like to do is to disconnect both the gas and the Heat-Pump and use the normal Resistive element for practical comparison.
The Heat-Pump energy usage is also based on an ambient temperature above 15DegC.
The energy usage WILL be higher during the colder nights. It would naturally be better to run the Heat-Pump during the warmest hours of the day, but this also corresponds to drastically higher TOU rates.
Has anyone else had the chance to undertake some real testing and price comparisons.?
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