A Colorado man says his green home renovation paid off during a winter storm when temperatures dropped below -10 degrees. Presented by Deloitte.
, models designed for colder areas in the Northeast and mid-Atlantic regions of the country saved homeowners around $948 a year compared with fuel-oil systems.
If homeowners wait until existing appliances fail, it will be a mad dash to replace them, and heat pumps aren't the default choice for many contractors, Teplin said.
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