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2. The Inflation Reduction Act offers subsidies for heat pumps ...

   www.aol.com/news/the-inflation-reduction-act...

   Switching from fossil fuel-burning furnaces to electric heat pumps is part of ... a new oil furnace costs $4,300 to $9,200. Heat pumps do, however, eliminate the need to also buy an air ...

3. Heat pump - Wikipedia

   en.wikipedia.org/wiki/Heat_pump

   In general, heat pumps work most efficiently (that is, the heat output produced for a given energy input) when the difference between the heat source and the heat sink is small. When using a heat pump for space or water heating, therefore, the heat pump will be most efficient in mild conditions, and decline in efficiency on very cold days.

4. Coefficient of performance - Wikipedia

   en.wikipedia.org/wiki/Coefficient_of_performance

   The COP usually exceeds 1, especially in heat pumps, because instead of just converting work to heat (which, if 100% efficient, would be a COP of 1), it pumps additional heat from a heat source to where the heat is required. Most air conditioners have a COP of 3.5 to 5. [3] Less work is required to move heat than for conversion into heat, and ...

5. Seasonal energy efficiency ratio - Wikipedia

   en.wikipedia.org/wiki/Seasonal_energy_efficiency...

   "Cold climate" heat pumps are designed to optimize efficiency below 0 °F (−18 °C). As of 2023 heat pumps are marketed that will extract heat from outdoor temperatures as low as −40 °F (−40 °C). In the case of cold climates, water or ground-source heat pumps are often the most efficient solution.

6. Thermal efficiency - Wikipedia

   en.wikipedia.org/wiki/Thermal_efficiency

   Therefore, heat pumps can be a more efficient way of heating than simply converting the input work into heat, as in an electric heater or furnace. Since they are heat engines, these devices are also limited by Carnot's theorem. The limiting value of the Carnot 'efficiency' for these processes, with the equality theoretically achievable only ...

7. Air source heat pump - Wikipedia

   en.wikipedia.org/wiki/Air_source_heat_pump

   Although higher cost heat pumps can be more efficient a 2024 study concluded that for the UK "from an energy system perspective, it is overall cost-optimal to design heat pumps with nominal COP in the range of 2.8–3.2, which typically has a specific cost lower than 650 £/kWth, and simultaneously to invest in increased capacities of renewable ...