Using COP is a easy way to compare heat pump efficiency to conventional heating methods. It is a multiple of the amount of heat energy output given the electricity energy used. A fossil fuel boiler is always less than 1 (usually 0.6-0.8) since it is never 100% efficient at converting the fuel energy to heat energy. Your electric space heater has a COP of exactly 1. So when you see the COPs in the 4-6 range, you get a good sense of how much more efficient heat pumps are.