However, even in the midst of winter, gas heating bills rarely climb above $100 monthly.
What am I missing here? It seems a heatpump, while more efficient, will cost significantly more to operate. Natural Gas is cheap... and clean enough.
1) Natural Gas is vastly cheaper in most/all of the US.
2) Homes still require an alternative heating source when temperatures drop to low levels (coincidentally when people need heating the most).
So, even if a heatpump is technically more efficient in terms of emissions, the technology does not solve all of the problems it's attempting to replace. Additionally, Natural Gas is vastly more clean in terms of emissions than some other alternatives still used around the country.
There's no way the average home is going to stomach 2-4x more heating expenses on average without some real tangible benefit (hand-wavy emissions numbers don't factor into the average homeowner's decision making).
I must be missing something here...
> ... > I must be missing something here...
Yes you are, your natural gas subsidized, i.e. government handout, i.e. you're not paying the real market cost.
Second, heat pumps do not have issues with cold temps, unless you're at like -40c. They're used all over the nordic countries - including above the arctic circle.
Your energy grid is shit, which is why your electricity price is so high.
> Your energy grid is shit, which is why your electricity price is so high.
Adding a heatpump solves this issue, or makes it worse?
In Germany you get way cheaper electricity prices if you allow this.
What do you mean by "modulate"? Your utility provider decides how much heat your home gets? That's a very strange concept.
If you have warmer days now and then then you'll start saving money, and eventually it'll pay for itself. Where I live (cold winters), the cost was covered in only two years.
The only backup heat I had with the heat pump was electric resistance heat, which I needed to use only once or twice each winter for a few hours at a time.
Obviously you wouldn't install solar panels and a battery just for this, otherwise it's very much not free, and probably a lot more expensive than burning gas. But if you already have the solar+battery install, and have enough capacity, it could even be cheaper to operate than a gas furnace.
We cut the amount of gallons we used by over 50% compared to last year. Sure the oil infrastructure is needed to get it delivered (I wish we didn't need it) but I'm very happy that our heating (oil+electricity) bills are so much lower, even with the increased oil prices.
We went with a mid-range system but now I kind of wish we sprung for the "Cadillac" version.