I had a heat pump installed in 2010. In a cold climate. Only used for heating. It paid for itself extremely quickly - less than three years. It's still going strong, in 2026. It's important to maintain it regularly, i.e. deep cleaning every two years or so. The first time I got a company to do it for me, and the technician taught me how to do it all by myself, so that's what I do. In any case having a professional doing it wasn't expensive either. And I clean the dust filters (very easy) every second week or so.
Installed mini-splits to replace the propane stove that heated my house, DIY job, so all it cost was the units themselves and some materials.
Propane bill (no natural gas, town of 500) from Oct 24 to Feb 25 (installed the mini splits that month) was $1200, for just heating.
My mini-splits are on a dedicated sub panel with an Emporia Vue 3 energy monitor. $604 in electricity consumption, and that includes air conditioning over the summer months.
For what it’s worth, our winter weather averages 25-35F with the occasional few days dipping to tens, single digits, and the occasional -10 freak; but these units just BARELY have a HSPF4 rating to classify as “cold climate” models. Still going to pay for themselves in 6 years without any tax credits, and 4 or so since I still installed them when they were available.
Electric resistive heating, which is the main power source here (all hydro, until recently). Plus a wood stove in case of power cuts. We used that one quite a bit during cold spells before the heatpump came along. Now not much at all.
Modern heat pumps are cheaper than oil for heating just about everywhere. They're cheaper than natural gas in most places, unless electricity prices where you live are particularly high.
Yes, and many places have high electricity costs. And btw, those are hard to foresee, so if you make a long term investment into a heat pump that is supposed to last 20-25 years, you have no idea how electricity prices will affect you. That's obviously true for gas and oil as well. I do concede that my original point was too blanket-y.
I have a heat pump btw., with COP 4.5 (below ground). Costs me EUR 2.5 - 3k per year to heat the house.
In western europe today, I spend €10+ per day to heat my home (17 degrees mind you) with a gas powered boiler for radiators. I can run my mini-split on 18 degrees all day for a couple of euros. I moved here from the US in 2022 right after the full scale invasion of Ukraine so natural gas prices skyrocketed overnight.
I don't really understand what the aversion is to forced air climate control here other than "it's not as comfortable" which from what I've gleaned from other people is taken to mean noise/moving air/humidity. Coming from the southern US, I find all of those points to be a non-issue for me. I've slept with a fan on my entire life, so if I can shave off 50% of my heating costs for a few decibels of fan noise, sign me up!
I don't buy your numbers. I'm in Western Europe myself, and have run those numbers multiple times. Kilowatt for kilowatt (COP adjusted) gas is always cheaper than a heat pump.
Hm? Around here oil was never been in the same (low) order of magnitude. Those who installed oil heaters many decades ago regretted it quickly. And it's been illegal to use them for a couple of decades as well now. Gas has never been an option in my region, there's no infrastructure for that. We have used gas in Japan until now, but even that we'll be phasing out (I live in two places)
> Those who installed oil heaters many decades ago regretted it quickly.
That really depends on the oil heater, no? You can't compare a heater from the 70s with a modern one. That's like saying I don't drive modern cars because cars in the 70s were unsafe and stank.
Needing an oil tank, smell, expensive (oil price typically increased drastically compared to the beginning), pollution, and, as I said, made illegal in cities for various reasons, pollution and expenses related to dig up and get rid of the oil thank, and more.
The model is not yet decided, we're in the finalizing stage with the building company. What we have been focusing on is a well insulated house, unlike the old one which has no insulation at all.. if we tried to heat that it would not only be extremely expensive, it's impossible to even heat the small bathroom with an electric heater. So instead you kind of get used to it. Took me a year to stop feeling like I was freezing, at 4C in the bathroom on February mornings.
We have been using a gas heater (plug in the floor) in certain places on the ground floor, but we limited that as well.
So, with an insulated, small house, we believe we will be able to keep the costs down, using heat pumps and heat exchangers, plus solar and battery (using the car battery).