Heat Pump vs. Furnace: Running Cost Comparison in the US
The running cost of a heat pump or furnace is influenced by local utility rates, system efficiency, and heating demand. While heat pumps are highly efficient, converting electrical energy into multiple units of thermal energy, gas furnaces are often cheaper to run annually in 45 out of 50 US states. Only Arkansas and Florida show heat pumps as more economical, with some states having very similar costs for both systems.
