Determine how much money the homeowner would have saved

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A house that was heated by electric resistance heaters (direct, 100% conversion of electric power to heat) consumed 1200 kW - hr of electric energy in a winter month. If t his house were heated instead by a heat pump that has an average COP of 2.4, determine how much money the homeowner would have saved that month. Assume the price of electric power is $0.085 per kW - hr.

Reference no: EM13305400

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