Heat pumps do use electricity, sometimes noticeably more than your old furnace or boiler consumed in monthly bills, but they deliver two to four times more heating or cooling energy than the electricity they draw. That efficiency advantage means you’re typically spending less per unit of comfort, even if the kilowatt-hour total climbs.
The shift matters because most homeowners evaluate heat pumps against gas furnaces or oil boilers that hide fuel costs in a separate budget line. Electricity becomes your sole energy expense with a heat pump, …
