2 ms·

They buried the lede - about half way down it points out that heat pumps cost about the same even in Denver's climate. Using electric furnaces like it's 1995 i

• vel0city 3y ago
  From the article: > It’s 2.5 times more expensive for a heat pump for a 2,000-square-foot home versus gas forced air. So if the running costs are about the same but the upfront costs are 2.5x more, which is cheaper? I've done the math a few times over the years for a heat pump in my area. I live in a place where electricity is cheap and our winters aren't very cold, practically an ideal situation for a heat pump. But natural gas around me is also pretty cheap meaning the running costs are practically the same. However, all the quotes I've seen for getting a heat pump installed with the capacity for my house leads to an upfront cost of several thousands dollars more. I don't know why seemingly the same AC unit is way more expensive as a heat pump in my area, but they are. And because a lot of AC people in my area refuse to work on them, the few that do charge a premium despite being practically the same thing as a traditional AC unit.