Heating my house with a giant diesel-powered radiant heater from across the street is infinitely efficient, too, since I use no power in my house.
If your grid is fossil fuels burning the fuel directly is more efficient. In all cases a heat pump is more efficient.
- There's an upstream loss on electricity directly in proportion to how much you use; ignoring this tilts the analysis in favor of electricity.
- You pay more for heat from electricity than gas, in part because of this loss.
At 90°C you can do sous vide, so basically use that waste heat entirely.
For such temperatures you'd need a CO2 heat pump, which is still expensive. I don't know about gas, as I don't even have a line to my place.
Point being, you can throttle your equipment to the desired temperature and use that energy effectively.