A dual-fuel heat pump with a furnace will cost more than a furnace and A/C install. "A typical gas furnace with an air conditioner will be between $8,000 to $10,000," Hogan says.

And in the Northeast, many homes were also built before 1920 — a time when fuel oil furnaces were commonplace in new construction. West ↑ More natural gas ↓ More electricity ...

Peter Messenger with A1 Air Conditioning and Heating and University of Calgary’s Sara Hastings-Simon explain how heat pumps work. You're not ready to make a complete switch.

Let’s say that you’re the same homeowner, but instead of fuel oil, your home is heated by a natural gas furnace. Actually, the prices for a gas furnace are about the same: $10,500 and $6,000.

There are several different types of heat pumps that you should know about: An air-source heat pump is the most common type.It sucks air through a coil which helps either heat or cool your home by ...

Those who replace fuel oil furnaces can save 40%. This is possible because heat pumps are so efficient , moving heat from one location to another instead of creating it.

Heat pumps are growing in popularity in New England, taking away market share from fossil fuel industries that sell propane and heating oil. (Tristan Spinski) By Anna Phillips ...

Syracuse, N.Y. – A state commission today approved plans to phase out fossil fuel-burning furnaces beginning as soon as 2025 as part of New York’s aggressive program to address climate change ...

Indeed, while heat pump sales slipped 16.6% last year as consumer demand for all heating and air conditioning products cooled, the drop was far better than the 22.8% decline in gas furnace ...

The percentage of households burning home heating oil is the highest in the country. Yet no other state is adopting climate-friendly heat pumps as fast. By Cara Buckley It may have been a warmer ...