How do I know this? I work for a major utility serving the midwest. Winters are no joke in these parts. As others have noted, heat pumps are only good down to 20F. If it gets colder than that, which it frequently does, you're going to want a natural gas furnace because electric furnaces are stupid expensive to operate! This coming from a guy who works for the power company!
There's not going to be any phase-out of natural gas for decades - which is the amount of time we need to build all the nuclear generation we need to make power as cheap and abundant as we need. We can't heat our homes and power our cars with wishes and desires - we need a hard-nosed energy policy and plan of execution.
Others said no such thing. Did you leave out the minus sign?
What I recall my dad saying is when the furnace guy came out to fix the furnace my dad was talking to the furnace guy about the bill. The furnace guy said heat pumps get very inefficient below 20F. So my dad's system was designed to run the heat pump until the outside temperature got to 20F and then it would switch over to the furnace, if available. If it detected the furnace not coming on then it would continue to run the heat pump. So I've had it in my head ever since that you don't want to run a heat pump below 20F.
Are the new heat pumps different? Is it now -20F instead of 20F before your costs soar?
This guy gets really excited about heat pumps: