Heat Pump Vs Gas Furnace Cost

Both units are going to use the same electricity to power the cooling system and the blower and other electrical requirements.

Heat pump vs gas furnace cost.

A heat pump uses a refrigerant to transfer heat from other sources such as the outside air into the home. For states that experience cooler temperatures 40 60 degrees but not colder temperatures below 40 degrees a heat pump can be more efficient and cost effective. A water heat pump will only use around 190 worth of energy per year almost half of what a natural gas heater must use. Installing a heat pump is often cheaper.

It does not use a fuel to create heat and so is much more efficient that other options including natural gas heaters. The cost to operate either a gas furnace or a heat pump system truly relies on the cost of your fuel source from your local utility company. A heat pump can do both. Compare the pros and cons.

Homeadvisor s complete heat pump or forced air furnace guide defines the differences between electric and gas heat pumps and gas electric propane and oil furnaces. The cost to have a gas furnace installed averages 4 500 and the cost to install an electric furnace runs about 4 000 but you could pay up to 10 000 or. It can be cheaper to heat a home with natural gas in a colder region but not in a warmer region. However if your home requires cooling a furnace will need to be matched with an air conditioner.

Myth 5 a gas furnace is cheaper than a heat pump. Altogether your home comfort costs may be less with a heat pump. While heat pumps are more energy efficient furnaces have fewer moving parts which means there s less heating repair and maintenance involved and fewer pieces. Heat pump vs furnace.