Which heating is the cheapest

The question of which heating is the cheapest is one of the main questions of every building owner. Here, it is important to take into account both the investment costs of installing a heating system as well as the monthly heating costs that a certain system brings.

In addition to the mentioned, it is also necessary to take into account the lifespan of a certain heating system. If we look at the costs and the investment amount together and divide them into e.g. 10 years, then the lifetime of the system is crucial, and even more so if we are calculating for twenty years.

Which heating is the cheapest

Regardless of how we turn things around and what period we look at, the cheapest way of heating is definitely heating with wood. In the event that the heating is viewed in the short term) e.g. that you are a tenant for a year or two), it makes more sense to invest in radiators or IR panels.

Is it worth choosing a heat pump?

When it pays to change the heating system depends very much on the situation. If you are in the construction phase and it is a new building, where you are choosing a system and you do not have an existing one, then the most sensible combination is a heat pump and wood heating. In this way, the heating can be independent, but at the same time you can save on electricity by heating with wood and heat the building more when you want it.
 In the long term, the reasonableness of heat pumps can be somewhat questionable due to the possibility of an increase in the price of electricity (electric vehicles are coming, increase in the use of heat pumps, …)

When is it worth changing the existing heating method?

In the best case, you will recoup the investment in changing the heating method, i.e. in a new system, in about six years. This is the case if you are currently heating with fuel oil or LPG.

What is the economical way of heating with the lowest initial investment?

IR panels require the lowest initial investment, and at the same time enable heating with relatively low monthly costs. They are followed by heating with wood, which is cheaper in the long run.

What is the price of heating with a heat pump?

The price of heating with a heat pump depends mostly on the type of heat pump. For 100 m2, you will spend dollar 540 per year with an air-water heat pump. A water-to-water heat pump and a natural gas heat pump can currently heat the mentioned area for dollar 400 per year and less.

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