Electric furnace vs heat pump in a mild-winter climate: which is cheaper to run?

Electric furnace vs heat pump cost comparison graphic showing which heating system is cheaper to run in a mild-winter climate

Homeowners in mild-winter regions often assume an electric furnace and a heat pump cost about the same to operate—until they see the utility bills side by side. After analyzing real-world usage patterns, efficiency data, and system performance in moderate climates, we’ve found that the cost gap between these two options is often wider than expected. … Read more