The only heating around here these days is electrical (edit: except for wood stoves, which are usually allowed). Oil isn't allowed, and gas heating doesn't exis

The only heating around here these days is electrical (edit: except for wood stoves, which are usually allowed). Oil isn't allowed, and gas heating doesn't exist. So yes, "no gain" means that the heat output is equivalent to the electricity input (at the low turning point, which is around -20C for my pump - I should qualify that though, it used to be when it was new, but the tech who checked my pump a couple of years ago said it had lost some of its efficiency due to various things including some difficult to remove grime inside, but there still was no point in actually replacing it). Of course, there's also the installation costs of a heat pump. But it did pay for itself in a reasonably short time. If it hadn't been that efficient it wouldn't have - first, there's the actual price, which is not as much these days as it used to be, but then there's the actual installation by a pro, and I believe that part has only gone up since then.