I have a 40 year old house with central air conditioning and ceiling radiant heat ALL ELECTRIC with NO OTHER FUEL SOURCE AVAILABLE/ALLOWABLE. I need to replace the air and look for a relief from my electric bill on the heating and cooling. I have thought about heat pumps and central air with a pellet stove. All suggestions appreciated. My electric bill in winter has run $600/month to maintain 64 degrees. My summer bills average about $300 to keep the house cool.

Thanks,
Rob

" NO OTHER FUEL SOURCE AVAILABLE/ALLOWABLE. " could you explain further? Is propane out of the question.

Propane is also not acceptable.

What's the climate in the winter time?

In Waterbury, CT it can very cold in winter.