Heat pumps vs. fossil heating

Heat pumps work similar to refrigerators, using temperature differences.
Heat pumps do not generate heat, they transports heat.
Thanks do this process, a heat pump can transfer more heat than the energy input. In contrast, a fuel-burning heating device can achieve a maximum of 100% heat compared to the energy input (oil heating: 78%, gas heating 82%), . Compared to buring fossils, a heat-pump is between 200 and 540% more efficient.
Heat pumps can work both ways: the can heat – or they can cool, adding an extra incentive in times of rising temperatures.

Technical scheme of a heat pump:

Efficiency of heat pumps vs. oil/gas heating

Thanks do this process, a heat pump can transfer more heat than the energy input.
In contrast, a fuel-burning heating device can achieve a maximum of 100% heat compared to the energy input (oil heating: 78%, gas heating 82%), . Compared to buring fossils, a heat-pump is between 200 and 540% more efficient.

operting cost range of heat pumps vs. oil/gas heating

Cost of electricity, fuel oil and gas (CH4) contrasts strobgly depending on taxes and subsidies. The cost comparision is between heat pumps and fossil hgeating systems in therefore not straightforward.
The above chart indicates the price range for operating heating pumps vs. fossil heatings under different electricity/gas/oil prices.

Heat pumps are significantely cheaper than fossil heating systems.

Heat pump sales trends

Sales of heat pumps have more than trippled in the last 10 years, and are expected to rise further. Because they are cheaper in operation.