Types of Heating & Cooling Systems

Whether you like it hot or cold in your home, learning more about your home's heating & cooling source can make a difference in your bill, comfort and possibly your choice of home.

heating

Electric

Electric heating and cooling systems are powered by electricity. This means your power bill may be higher because it will include the heat pump’s usage. You will usually have an outdoor air handler unit and indoor thermostat to regulate temperature. While these units are great for keeping you cool, when the outside temperature is below 32 degrees, your electric heat pump may have to work harder (emergency heat mode) and could cause a significant spike in your electric bill.

Ready To Become A Smarter Homebuyer?

By signing up, you agree to Nestiny terms of use .
Are you a real estate professional? Go here .

Gas

Gas heating and cooling systems are powered by either natural or propane gas. Depending on where you live, you may receive a separate bill for your natural gas or propane gas usage. If your heating system or a fireplace is fueled by propane gas, then the gas provider will come refill your gas tank (which may be underground or above ground). You will need to keep an eye on the gauge of your gas tank to make sure you have enough gas.

The cost will vary based on the size of your tank. If you buy a home with an existing tank that has gas in it — the gas company will measure the tank prior to closing and you will be responsible for paying the prorated amount at closing based on gas prices the day it was measured. It is a good idea to have your Real Estate Agent ask the seller about the gas tank status and typical monthly costs.

home heating

Oil

Oil heating systems (powered by oil) are usually present in older homes, as modern systems have replaced them as the "go-to" option. Many people claim that oil and gas can provide the most consistent heat in the winter. But keep in mind that depending on where you live, you will receive a separate bill for your oil usage. If your heating system is fueled by oil, then the oil provider will come refill your oil tank. This tank may be underground or above ground.

The cost will vary based on the size of your tank. Just like gas, when you buy a home with an existing oil tank, you will be responsible for paying for the remaining oil at closing based on oil prices the day it was measured. Be sure to ask your Real Estate Agent to inquire about the oil tank status and typical costs.

Hybrid

Hybrid heating and cooling systems are powered by a combination of electric & gas or electric & oil. You will likely receive a separate bill for electricity and gas/oil. Hybrid heating systems are usually configured to provide a back-up source of heat at less expensive and more efficient means when temperatures drop below a certain pre-set level such as freezing (32 degrees Farenheit). Ask your Real Estate Agent and/or home inspector about this to learn more.

Whatever option you choose, knowing what to expect with these tips should help you avoid surprises and make more informed decisions upfront when house hunting.

Want more advice about all things home — including homebuying or selling advice? Nestiny is a great place for homebuyer education and to help you gauge how ready you are to buy a home. Journey Homeward allows you to enter all your wants and needs while the True Affordability Tool will break down your budget, showing what you can comfortably afford. You will also receive a Ready Report that will give you a vital head start in the home buying journey, saving you valuable time and money.

Ready To Become A Smarter Homebuyer?

By signing up, you agree to Nestiny terms of use .
Are you a real estate professional? Go here .

You might like :

Ready To Become A Smarter Homebuyer?

By signing up, you agree to Nestiny terms of use .
Are you a real estate professional? Go here .