Determine how much money the home owner would have saved

Reference no: EM13531118

A house that was heated by electric resistance heaters consumed 1200 kWh of electric energy in a winter month. If this house were heated by a heat pump that has an average COP of 2.4, determine how much money the home owner would have saved that month. Assume a price of 8.5c/kWh for electricity.

Reference no: EM13531118

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