Heat pump adjustment

QUESTION:

I have had a heat pump (16 seer) 3 years now, and am very satified with winter utility cost, I live in the midwest and the winters can be brutal. I have the outside thermostate on the unit set to operate down to 17 degs.
So far this winter the elecrtic bill has been no higher than $75, the n/gas bill $68. Maybe $5-$10 in past years higher.
I have a set back thermostate, set back to 67 at night, 69 during the day and 73 in the evening till 10:00 PM.
I received a notice from the electric utility to set it and forget it to save more $$$.
My house is a ranch, 12 yrs old, 2K sq ft.
Whats your opinion?

ANSWER:

In that case, either someone at your electric company is seriously misinformed, or they are deliberately misinforming the public so they can sell more electric. In the majority of cases, it's definitely cheaper to set a heat pump back at night if the fuel used to raise the temperature the next morning is natural gas. You might even try to find a better 'economic balance point'. Did the installer do a Manual J heat loss calculation and come up with the 17 degree balance point? If he didn't, then try moving the balance point up to 30 degrees and see if you save more money.


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