> But, in the Energize Denver initiative, city officials are talking about heat pumps versus gas furnaces, which means a different set of cost calculations.
> the annual energy bill to operate a standard gas furnace/AC combination is about $633 a year. With a heat pump, she said, it would likely be $609 to $718 annually, depending on the heat pump technology chosen and its configuration.
Yes, good tax news for those who own their house and can afford discretionary purchases. Also good news for those who peddle increased govt debt.
Described differently, heat pump and ElectrifyTodayCorp lobbyists had Congress write tax incentives for their businesses which are funded by taxes on working class that are renters or can't afford to replace their existing functional furnace.
Often, for light users, the payback time for switching to a more efficient heat system is longer than the expected lifetime of a new system, so it only makes sense to consider it when the current heating system is broken or when the current cooling system is broken, since a new heat pump could replace heating and cooling.
It's potentially different if you're a heavy user of heating.
And btw: heat pumps are loud, so good luck with that high density housing every climate advocate wants so much.
In theory, you could get even better performance by using a heat pump during the day to melt calcium chloride hexahydrate (mp 29 C = 84 F), and then freezing it at night to recover the stored energy. But now your system cost is even higher, since you need a ton of calcium chloride.