It can be difficult to estimate the cost of running a central heating system, because it depends on the size of your home, the system model, whether it is well insulated, and other factors such as how often you use it and what energy company you are currently with.
Lets say for arguments sake that you have a 12kW Ducted central heating, you use it for roughly 6 hours a day on average and you pay around 20 cents per kW, you would be expected to pay around $198 for a month. (Remember this is to heat a standard 4-bedroom home including hallways and living areas) If you compare this to other forms of electric heating with similar usage you would be paying around $432 a month.
Keep in mind, you won’t usually run your heating or cooling at all hours of the day or every day for that matter so the monthly cost may come under what was calculated above.
The cost of installation is similarly diverse depending on the size of your home and any special accommodations that need to be made for the property. That said, installation for a ducted system for a 150 square metre home typically starts at around $10,000 – 12,000 + GST.
On the other hand a poor quality install can cost you money in the long term, if the unit is undersized it will be constantly trying to pump out hot air to reach temperature, causing your power bills to go up. Always go with a trusted and accredited installer such as Lite Energy to make sure your central heating system is designed and installed correctly.