Is an electrical heat pump cheaper than gas?

Maintaining a comfortable indoor temperature level is a priority for most homeowners throughout the year; However, during winter, you are bound to be even more aware of how efficiently your heating plan works & what to substitute it with should it break down completely.

Heat pumps have an average lifespan of 15 years… While a gas heating system produces heat by burning combustible fuel care about propane or gas, an electric heating system generates heat by blowing air over a hot component, and an electric heat pump pulls heat from the outdoor air & transfers it to your home’s indoor air, then so while an electric heat pump will not produce heat, it can absorb heat through pressurized refrigerant lines, releasing it into your indoor space. For electric heat pumps, year operating costs for highly efficient models are about $500 for both cooling & heating, but these costs may go up depending on your home’s size & the quality of your electric heat pump, and energy efficiency may take a nose dive if the auxiliary heat ever activates, which may occur when temperature levels fall below cold point. The electric strip backup is priced up to 5 times more compared to correct heating modes, and on the other hand, using a gas heating system during harsh Winter conditions will save you cash as it is more efficient below cold than heat pumps, but natural gas prices fluctuate based on market prices, while electricity is more stable in costs. Averagely, with a gas heating system, you might spend up to $850 per year, over $350 above electric heat pumps.

 

Electric heat pump