In Colorado a gas furnace still heats for a little less, but a heat pump also replaces the air conditioner.
A typical heat pump costs about $1,622 a year to heat a house, against $1,003 for a 95% gas furnace, at 16.6¢/kWh and $1.08/therm. Parts of the state need a cold-climate model.
At Colorado prices a typical heat pump heats a house for about $1,622 a year, against $1,003 for a 95% gas furnace; it wins clearly against propane, oil and electric resistance heat, and it also replaces the air conditioner.
Do I need a cold-climate heat pump in Colorado?
In parts of the state, yes. Denver, Colorado Springs, Fort Collins, Pueblo have winters where an ENERGY STAR cold-climate model is the safer choice. Check your city's guide below.
Running cost calculator
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