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Quote planning

Heat pump quote planning

Compare heating energy costs using your bills below. Home-size estimates remain unavailable while sizing assumptions are reviewed. Ask your installer for a home heat-loss calculation.

Compare annual heating energy costs

Use a full year of heating use from your bills. Subtract hot water, cooking, cooling and other household use first. For oil, adjust deliveries for changes in tank level. This comparison assumes the same weather and heat demand.

NS Power standard energy rate: $0.19128/kWh, effective May 1, 2026; checked October 2, 2026. Replace with your bill’s variable rate. Use the same tax basis for both prices; exclude fixed charges. Time-of-use plans need a weighted rate.

Ask for an annual average for your model, climate and controls, including defrost. A single-temperature COP or HSPF rating is not a seasonal COP.

Ask your installer. Remaining heat uses your current system at the entered price and efficiency.

Method and sources

Annual useful heat = heating units × fuel energy conversion × current efficiency. Heat-pump electricity = useful heat × heating share ÷ seasonal COP. Backup cost = current energy cost × remaining heating share. Electric resistance is treated as 100% efficient at the point of use.

NRCan sizing and selection guide, Table 8, printed page 47: oil 10.61 kWh/litre, propane 7.03 kWh/litre, natural gas 10.36 kWh/m³. This tool does not determine equipment size; ask for a home heat-loss calculation.

Calculation version: bill-comparison-2026-10-02. Entries are calculated in this page and are not saved or submitted.

Questions for your installer

  • How will you calculate my home’s heat loss?
  • What capacity does this exact system deliver in cold weather?
  • What backup heating, electrical work and permits are included?
  • What are the parts and labour warranty terms?

Check your energy rate on your latest bill and compare it with Nova Scotia Power’s official rate information when discussing operating costs.