Why do people think it is more economical to use a heat pump, I just did the math and it would cost me 5.57 times more to use a heat pump than
![Jan Rosenow on X: "1) Here is the detailed analysis showing that with a coefficient of performance (COP) of 3, a heat pump starts to become cheaper to run than a gas Jan Rosenow on X: "1) Here is the detailed analysis showing that with a coefficient of performance (COP) of 3, a heat pump starts to become cheaper to run than a gas](https://pbs.twimg.com/media/FLtqy4vWUAYDpr6.jpg:large)
Jan Rosenow on X: "1) Here is the detailed analysis showing that with a coefficient of performance (COP) of 3, a heat pump starts to become cheaper to run than a gas
![Comparing the running costs of oil, gas and electric heating, including heat pumps | Paul Braybrooke Comparing the running costs of oil, gas and electric heating, including heat pumps | Paul Braybrooke](https://www.paulbraybrooke.com/wp-content/uploads/2022/12/oil-versus-heat-pumps-running-costs.png)
Comparing the running costs of oil, gas and electric heating, including heat pumps | Paul Braybrooke
![Does it make sense to go Heat Pump vs Gas furnace in Bay Area? See attached calculation, my conclusion is heat pump costs 25% more to run. : r/bayarea Does it make sense to go Heat Pump vs Gas furnace in Bay Area? See attached calculation, my conclusion is heat pump costs 25% more to run. : r/bayarea](https://i.redd.it/nhz437dz39291.jpg)
Does it make sense to go Heat Pump vs Gas furnace in Bay Area? See attached calculation, my conclusion is heat pump costs 25% more to run. : r/bayarea
![Nate the House Whisperer on X: "We consistently find that heat pump vs furnace operating costs are comparable. Meaning +\- $300/year. Fuel prices vary, so the numbers do too. With high monthly Nate the House Whisperer on X: "We consistently find that heat pump vs furnace operating costs are comparable. Meaning +\- $300/year. Fuel prices vary, so the numbers do too. With high monthly](https://pbs.twimg.com/media/F6DtHDBWMAA3EY4.jpg)