Had to choose between a heat pump and a new gas furnace last month

My old furnace died mid-January and I had to pick between a heat pump at $8,500 or a gas furnace for $5,200. I went with the heat pump since my state gives a $2,000 rebate. Install took two days and the house is staying warm even with temps in the teens last week. Anyone else make this switch and seen a big jump in their electric bill?

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mary_patel595mo ago

$2,000 rebate is nice but my electric bill did a backflip last month. My wife nearly fainted when she saw the first bill after we switched. Still beats freezing to death waiting for the gas company to show up though.

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kais675mo ago

Went with a heat pump myself last fall and yeah, my electric bill definitely noticed. First month I was like "whoa, did I buy a spaceship or a heater?" But honestly the consistency is what sold me. My old gas furnace would cycle on and off and make the house feel like a roller coaster. Now it's just steady warm all day. The real shocker for me was when I accidentally left the thermostat on "emergency heat" for a week. That bill looked like I was trying to melt the polar ice caps myself. Live and learn I guess.

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