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A furnace is a big unit where gas, heating oil, or electricity heats the air. The warmed air is then pushed back out through ducts and vents. 

A boiler uses electricity, heating oil, or gas to heat water that is pushed into the room through a radiator. This is one of the oldest and most effective ways to heat a house, but radiators can also be unsightly and leave hot and cold spots in the room.

Heat pumps use a refrigerant to move heat from outside into the house and return it to the room through ducts and vents.

Hydronic and standard electric baseboard heaters differ in how they operate, their cost, and their performance. Standard convection heaters use electric coils to heat the air directly, while hydronic heaters warm a contained liquid like water or oil, which then radiates heat into the room.

In terms of cost and efficiency, hydronic heaters usually have a higher upfront price but are more energy-efficient and cheaper to run over time. This is because the heated liquid retains warmth, allowing the heater to continue providing heat for a while after the thermostat turns it off. In contrast, electric heaters provide heat more quickly but are less efficient.

Ultimately, the better choice depends on your priorities. If you need a room to heat up fast and have a lower initial budget, an electric heater might be suitable. If long-term energy savings are more important and you don't mind a slower heat-up time, a hydronic heater is likely the better option.

Yes. In many cases, switching from an old furnace to a high-efficiency boiler can help you save money over time. You can also save money by switching from an electric boiler to a gas boiler, which costs much less compared to the energy bills an electric boil can create. Boilers are often (but not always) more efficient than furnaces, too. Then there are discounts, rebates, and incentives that can help you save on the initial costs.

You can replace baseboard heaters with many other types of HVAC systems, including forced-air furnaces, hydronic heating, and heat pumps. Each one has its advantages and disadvantages, so the best choice for you will depend on your budget, preferences, and the design of your house. If you aren’t sure which option is right for you, ask an HVAC pro for guidance.