Heat Pump vs. Furnace: Which Heating System Is Best for Your Home?
Both will keep you warm, but there are pros and cons to each
Highlights
A heat pump is an efficient heating and cooling system.
Heat pumps are ideal for temperate climates.
Furnaces provide more warmth, ideal for cold climates.
Furnaces cost less upfront but may cost more over time.
Both systems require professional installation and maintenance.
When it comes to keeping your home cozy on a freezing winter day, it all boils down to your heating system. For some homes, a heat pump is an extremely efficient, cost-effective heat source. In others,, a furnace makes far more sense in terms of cost and effectiveness. So how do you determine whether you need a heat pump vs. a furnace? You’ll need to consider several different pros and cons of heat pumps and furnaces before making your decision.
Heat Pump Pros and Cons
There are many benefits to using a heat pump, whether you opt for an air-source heat pump or a geothermal heat pump. According to the U.S. Department of Energy, a geothermal heat pump can reduce energy use by 30% to 60%, and an air-source heat pump saves about 50% electricity compared to an electric furnace or baseboard heater. Plus, heat pumps can serve as both a heating and a cooling system.
However, a heat pump isn’t a good fit for every house. For one, it’s less effective in cold climates, and for people living in coastal regions, the salty air can shorten the lifespan of a heat pump (it can corrode the metal over time).
Pros
Reduces energy use
Doubles as a heating and cooling system
Better humidity control
Cons
Less effective in cold climates
High upfront costs
Furnace Pros and Cons
For households in cold climates or for people who seem to always be cold, a furnace may be a better choice. Furnaces tend to provide hotter air than a heat pump, which can help make any room feel extra-toasty, even on the coldest days of the year. While furnaces can’t switch to provide cool air in the summer, that means you’ll need to use your furnace less often, leading to fewer maintenance needs throughout its life.
But this high-performance system does come with drawbacks. Furnaces tend to release hot, dry air, so you may need to invest in a humidifier to counteract its drying effect.
Additionally, while modern furnaces do have added safety features, these systems can be less safe than a heat pump system, as they can leak deadly gasses, like carbon monoxide, or pose fire risks without proper care.
Pros
Better performance in cold climates
Long-lasting
Less maintenance
Cons
Provides hot, dry air and less humidity control
Cannot provide cool air in summer
Heat Pump vs. Furnace
When it comes to heating your home, both a heat pump and a furnace can create a respite from the cold. But your short- and long-term budget, ability to tackle maintenance, and even the appearance of each system may determine which option is right for you.
| Heat Pump | Furnace |
|---|---|
| Higher upfront cost | Lower upfront cost |
| Lower lifetime costs | Higher lifetime costs |
| More sustainable | Easier to maintain |
| Provide heating and cooling | Better for cold climates |
| Safer | Longer lifespan |
Appearance
While you probably aren’t expecting a beautiful heating system, there are some appearance factors you might consider when deciding between a heat pump and a furnace. A geothermal heat pump may have a large unit that goes inside the home, like a furnace, while an air-source heat pump unit goes outside. Some types of heat pumps, like ductless mini-split heat pumps, also have smaller units that go in each room, and these may be an eyesore.
By comparison, a furnace unit, although larger, will go inside the home, typically somewhere guests won’t see it, like in a utility closet or a basement.
Most attractive: Furnace
Durability
Typically, you won’t need to kick on the furnace until late fall or early winter, when temperatures start to drop drastically. Because of this, the system and its parts don’t wear down very quickly.
You may use your heat pump all year long because it can provide both warm and cool air. With more use comes more wear and tear, impacting the durability of your heating and cooling system.
Most durable: Furnace
Price
A new furnace costs between $2,815 and $6,810 on average. Electric furnaces tend to cost the least upfront, while oil furnaces usually cost more than other furnace types.
By comparison, a heat pump costs about $4,200 and $7,630 on average, with mini-split systems costing the least, and geothermal or solar systems costing the most.
A furnace costs less upfront, but heat pumps have some advantages to consider. Over time, because it is so efficient, a heat pump may cost you less in monthly heating and cooling bills. The heat pump can also replace your cooling system, so you’re buying both a heating and cooling system in one unit. Heat pump installations may also be eligible for energy-related tax incentives.
Ultimately, a heat pump may cost less over its lifetime compared to a furnace, but total costs will vary based on your home size, type of heating system, usage, and other factors.
Best value: Heat pump
Ease of Installation
When it comes to installation, you should leave both heat pumps and furnaces to the pros. Heat pumps may require digging for geothermal systems or handling refrigerants for mini-split systems. When digging, you run a risk of hitting utility lines, while handling refrigerants puts you at risk of exposure to gasses that may lead to lung damage, brain damage, or death.
When it comes to furnaces, you could be dealing with gas, oil, electrical wires, or a combination of these elements, and improper installation can lead to house fires and shockingly high energy bills.
Instead, hire a local furnace installation pro to install your new furnace, or reach out to a heat pump installer near you to get started on your heat pump project.
Easiest to install: Neither
Ease of Repair
Similarly, when considering heat pumps vs. furnaces, potential repair work may be top of mind. But with either of these systems, repairs are best left to the pros.
Common heat pump problems may include faulty wiring, leaking refrigerant, or even mold or pests. Typical furnace problems may include overheating, damaged parts, or gas leaks.
You should always have a professional come take a look when you suspect something’s wrong with your heating system. Trying to fix any of these issues without proper training will increase your risk of electric shock, burns, and exposure to deadly gasses.
Easiest to repair: Neither
Maintenance
Taking care of a furnace is pretty straightforward for homeowners. At least every 90 days, you should change the furnace filter, and you’ll need to schedule a professional inspection and cleaning at least once per year.
With a heat pump, you’ll need to put a little more elbow grease into it. Heat pump maintenance may involve scraping away ice, snow, and leafy debris from an outdoor unit, replacing filters each month, and cleaning the coils and fans on the heat pump unit. Additionally, this heating system will need annual inspections and tune-ups from a pro.
Easiest to maintain: Furnace
Length of Life
The length of life for a heat pump vs. a furnace depends on how well you keep up with maintenance. A well-maintained furnace has a life span of about 15 to 20 years or more, with electric furnaces and some gas furnaces lasting up to 30 years.
Heat pumps have a lifespan of about 15 years with proper maintenance, but your climate has a huge impact on the unit’s longevity. The salty air of coastal climates can lead to more wear and tear on the system, shortening the heat pump lifespan to under 10 years. If you live in a dry climate and keep up with maintenance, your system could last for about 15 years.
Longest lifespan: Furnace
Sustainability
Heat pumps are significantly more efficient than furnaces, whether you compare a heat pump vs. a gas furnace, an oil furnace, or an electric furnace. According to MIT Technology Review, a modern heat pump may reach 300% to 400% efficiency, so the unit produces far more energy than it is consuming.
Of course, these systems still use refrigerants, which can release greenhouse gasses if there’s a leak. Keeping up with regular cleaning and maintenance will help keep the heat pump as efficient and eco-friendly as possible.
Most sustainable: Heat pump