Considering Switching from a Gas System to a Heat Pump? Here’s What You Need to Know

If you’re considering replacing your gas furnace with a heat pump you are not alone. Many homeowners are weighing the pros and cons of heat pumps vs. gas furnaces as part of their efforts to improve energy efficiency and reduce heating costs.

Let’s get into the key differences, costs, and benefits to help you make the best decision for your home.

What’s the Difference between a Gas Furnace and a Heat Pump System?

A gas furnace runs by burning natural gas to heat your home, whereas a heat pump uses electricity to transfer heat to warm your home. Heat pump systems are known for their higher efficiency, especially in more mild climates because they do not actually create heat, they move it. Gas furnaces are typically paired with air conditioning to make a complete HVAC system while heat pumps are paired with an air handler.

Benefits of Switching from a Gas Furnace to a Heat Pump System

• Higher Efficiency: Because heat pumps utilize heat or cold that already exists as opposed to generating it from scratch, they are more efficient. This is because it takes less energy to create the same amount of heating as a gas furnace that generates heat from fossil fuels.
  
• Cleaner Energy: Heat pumps generally have smaller carbon footprints. This makes them an attractive option for environmentally conscious homeowners.
  
• Tax Credit Benefits: Heat pumps qualify for energy efficiency rebates at both federal and state level depending on where you live.
  
  

Things to Consider When Switching to a Heat Pump System

• Initial Costs: Installing a heat pump system requires some minor electrical work to convert the previous gas system over to an electric one. This work is something that can be easily coordinated between an electrician and HVAC tech, but it is an initial cost to keep in mind.
  
• Electricity Costs: Depending on where you live, electricity might be more expensive than gas or vice versa. If economical gas or electric bills are your main motivators for your replacement it is important to consider these costs in your state.
  
• Climate Considerations: New heat pump technology has significantly improved pump efficiency in below zero conditions making them a viable alternative to a gas furnace.
  
  

Cost Comparison: Gas Furnace vs. Heat Pump

When it comes to choosing between a gas furnace and a heat pump system, cost to run heat pump vs gas furnace is an important consideration. Gas furnaces can be less expensive to operate in areas where natural gas prices are low. However, a heat pump could save you money over time with lower operating costs, especially in states where electricity is cheaper and winters are milder.

To give you an idea:

• Gas Furnace: In areas where gas is affordable, running a gas furnace may cost less per month compared to using an electric heat pump, especially during cold weather.
  
• Heat Pump: In areas with mild winters and lower electricity costs, a heat pump could be more cost-effective in the long run. The higher initial cost of replacing a gas furnace with a heat pump can be offset by lower energy bills, tax rebates, and fewer repairs.
  
  

Final Thoughts:
Switching from a gas system to a heat pump is a big decision, but it could pay off in the long run with greater efficiency and lower environmental impact. Consider the cost to run a heat pump vs gas furnace in your area, your climate and the long-term savings before making the change.

If you’re replacing your gas furnace with a heat pump system, it’s important to do your research and consult with professionals to determine the best solution for your home.

If you are ready to make the switch or would like more information, get an instant quote today with Mint Home.