Heat pumps are more efficient. It needs to be mentioned here that there are three types of heat pumps. They are the air source heat pumps, the water source heat pumps and the geothermal heat pumps. Among these three the air source heat pumps are the most common. It has been seen that these air source heat pumps are more efficient than even the most advanced gas furnace. In fact, the geothermal heat pumps are even more efficient. HVAC experts are of the opinion that heat pumps have efficiency as high as 170 and 330 percent.
Disclaimer: Although the above data are typical average data that can be seen across USA, they can vary in certain areas depending upon city and the variables associated with each individual project.
Heat pumps help you to stay away from unstable oil prices. Most often it is seen that during the winter season when cooling is needed the most, oil prices become unreliable. This seems to be a big problem. The best thing about heat pumps is that it completely solves this problem and provides a cost effective way to heat your homes. Heat pumps also take care of unreliable fuel deliveries to the houses which get more affected during the adverse weather conditions.
Heat pumps have comparatively lower heating and cooling costs. This is because as heat pumps are highly efficient, it is enough if heat pumps operate for a shorter period of time. However, in places where natural gas is cheaper than electricity in such instances operating a heat pump might be expensive.
Another significant advantage of heat pumps is that they are environment friendly. As lesser energy is required it is obvious that carbon footprint will be lesser. And among all the heat pumps, geothermal heat pumps are the most efficient.