Using heat pump currently almost 40% cheaper than natural gas heating
Clean Energy Wire
Heating costs for a single-family house using a heat pump are considerably lower this winter than in homes using natural gas heating systems. The electricity costs for heat pump operations are around 39 percent below costs for natural gas, energy contract provider Verivox says. Even with a less efficient heat pump, costs are around 11 percent lower. Gas prices for households have risen around 85 percent between October 2021 and March 2022, Verivox writes. If the current price difference continues, installing a new heat pump now could pay off within ten years, the analysis shows.
Russia’s war against Ukraine and the ensuing energy crisis has made a switch to renewable energy sources in the heating sector a priority for Germany. As the majority of homes are still heated with fossil fuels, installing electric heat pumps that are ideally used with green electricity is part of the effort to become climate neutral and cut dependence on Russian fossil fuels.