SolarSaver

Heat Pumps 101

A heat pump is an air conditioner that can run in both directions. In summer it moves heat out of your house; in winter it reverses and moves heat from the outside air — even cold air contains heat energy — into your house. Because it moves heat rather than burning fuel to make it, it can deliver several times more energy as heat than it consumes as electricity. That is the whole reason it saves money.

COP and SCOP

Compare that with electric resistance heat (baseboard heaters, electric furnace strips), which is always exactly COP 1.0 — every unit of electricity becomes one unit of heat, no more.

Running-cost comparison

Replacing… Typical outcome with a heat pump
Electric resistance heat Uses roughly one-third the electricity for the same warmth — large savings
Cheap natural gas Closer to a wash; where gas is inexpensive and electricity pricey, a heat pump may cost about the same or slightly more to run
Heating oil or propane Heat pump usually wins on running cost, often substantially

Where a heat pump does not clearly beat cheap gas on cost, the case rests on the other benefits: you get cooling from the same unit (no separate AC), better humidity control and air filtration, no combustion or carbon-monoxide risk indoors, and lower emissions — especially as the grid gets cleaner.

Cold climates

This is the historical objection, and it is largely outdated. Older heat pumps lost efficiency badly below freezing and fell back on resistance “emergency heat,” which erased the savings. Cold-climate heat pumps (often labelled ccASHP or “hyper-heat”) now maintain useful capacity and a COP above ~1.5–2 down to about −15 °C / 5 °F, and specialised models operate far colder. Many cold-climate installs still keep a backup heat source (the existing furnace, or resistance strips) for the handful of extreme days each winter, sized so it rarely runs.

Practical notes

A running-cost example

A home that needs 30 million BTU of heat over a winter (a modest amount, for illustration), with electricity at $0.16/kWh and natural gas at $1.30 per therm:

Heat source Efficiency Energy needed Winter cost
Electric resistance COP 1.0 8,790 kWh $1,406
Heat pump (cold-climate) SCOP 3.0 2,930 kWh $469
Natural gas furnace 95% AFUE 316 therms $411
Heating oil 85%, $4.20/gal 249 gal $1,046
Propane 90%, $3.10/gal 366 gal $1,135

The heat pump crushes resistance, oil, and propane, and lands within a few dollars of cheap gas — while also providing summer cooling from the same box. Where electricity is expensive relative to gas, the gap widens in gas’s favour; where it is cheap (or you have solar), the heat pump pulls further ahead. Plug your own rates and SCOP into the heat pump savings calculator.

Common misconceptions

When to install one

The cheapest time to switch to a heat pump is when your existing system needs replacing anyway — a failed AC, a furnace near the end of its life, or an oil or propane system you want out of. At that point you are comparing the heat pump’s cost against a new furnace-plus-AC, not against your paid-off old equipment, and the gap is small or favourable once incentives are counted.

Replacing a working system early, purely to save on running costs, has a longer payback — do the arithmetic with your actual fuel prices and the heat pump savings calculator. It can still make sense if your current fuel is oil or propane, or if you have solar and cheap daytime electricity.

What to ask a contractor

The bottom line

A heat pump heats and cools with one system and delivers 2.5–3.5 units of heat per unit of electricity, so it slashes costs versus electric resistance, oil, or propane, and roughly ties cheap natural gas while adding cooling and cleaner operation. Cold climates are no longer a barrier with a properly sized cold-climate unit and a modest backup. Get a Manual J load calculation, check your incentives, and estimate the running-cost difference for your home with the heat pump savings calculator.