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At Least It Will Pay For Itself ... Eventually

Last month, I posted about the new heat-and-air unit my husband and I had to buy. It cost far more than we have, so we had to go further into debt. I don't remember how much it cost exactly, but it was somewhere around $5,000.

For a heater, we got a heat pump, which costs a little more than a regular furnace, but the salesman said it would save us money on electricity in the winter. I don't remember by what percentage, but I knew it should be significant.

So, when our utility bill came this month, I did a year over year comparison to see how our first month with the new system compared to our electric bill from the previous year. It was $60 lower! I was blown away, and in doing the math, it looks like it saved us close to 40 percent on our bill! However, if the past month was warmer than the previous year, that would make a difference, too, so I can't say for sure how much we saved, but it does look promising so far.

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