I've heated, plowed and kept homes open waiting for winter to arrive and in one weekend warm spell, it can all vanish and you can't recover from those costs.    

It seems you have a heat pump and if you use emergency heat either because of low temperatures or a problem with the heat pump there is a  higher cost because it is basically  resistance electric heat, not the more efficient heat pump.

Cut heating and power costs from $600/month to $150/month year over year.

Will require electrical and hvac ductwork to create a separate heating source.

A Edwards Heating and cooling!

It was converted to apartments and had share heat and utilities.

It ended up taking a little longer to close and I ended up closing the day my lease ran out, so I moved all my stuff (which wasn't very much at the time) into this house which had no heat or hot water and it was October in upstate NY.

Purchase price: $35,000 Cash invested: $20,000 Sale price: $71,000 I bought this house to live in when i was 22, It took a while to close and I ended up closing the day my lease ran out, so I moved all my stuff into this house which had no heat or hot water and it was October in upstate NY.

But the reason we cash the money out was to install a new heating system, my accountant recognized what we did as a necessity to live and was able to take it off from our income lowering our tax bracket and produces an actual return. 

@Brian Burke always brings the heat with his answers!