A grey air-source heat pump outdoor unit mounted on a concrete pad next to a modern white-rendered residential house.

Heat pump vs Furnace in Henrico County, Virginia

When a heat pump makes sense

If your home doesn't have a gas line, a heat pump makes the choice easy since it handles both heating and cooling from one system. Winter nights here average 30°F, cold enough that a standard heat pump will lose some capacity, so ask about a cold-climate model built to keep its output at those temperatures. Since heating costs about the same here either way, you get air conditioning included at no added running cost.

When a furnace makes sense

If your home already has a gas line, a furnace is worth keeping since it heats without losing power on the coldest nights of the year. You'll still need a separate system for cooling, since a furnace only heats. Running cost lands about the same as a heat pump here, so the deciding factor is usually what's already hooked up to your house.

When a heat pump makes sense

If your home doesn't have a gas line, a heat pump makes the choice easy since it handles both heating and cooling from one system. Winter nights here average 30°F, cold enough that a standard heat pump will lose some capacity, so ask about a cold-climate model built to keep its output at those temperatures. Since heating costs about the same here either way, you get air conditioning included at no added running cost.

When a furnace makes sense

If your home already has a gas line, a furnace is worth keeping since it heats without losing power on the coldest nights of the year. You'll still need a separate system for cooling, since a furnace only heats. Running cost lands about the same as a heat pump here, so the deciding factor is usually what's already hooked up to your house.

A gray outdoor HVAC condenser unit mounted on a concrete pad in the front yard of a two-story suburban house.

Heat pump

Runs on
Electricity
What it does
Heats and cools
Tax credit
No federal tax credit since the end of 2025

Sources: U.S. Department of Energy · Internal Revenue Code

An unfinished basement containing a forced-air furnace with metal ductwork, exposed wooden ceiling joists, a hanging Edison bulb, and bare concrete floors.

Furnace

Runs on
Natural gas
What it does
Heats only
Tax credit
No federal tax credit since the end of 2025

Sources: U.S. Department of Energy · Internal Revenue Code

Heat pump wins in Henrico County.

Most homes in Henrico County already heat with electricity, and a heat pump uses that same setup while also giving you cooling in the summer.

About the sameto heat with either, at Virginia prices
30°Faverage winter low
34%of homes here heat with gas

If your home already has gas line and you would rather not rely on a standard heat pump when it's 30°F outside, a furnace is still the safer bet.

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Compared onHeat pumpFurnace
Cost to run hereAbout the sameAbout the same
What it doesHeats and coolsHeats only
Homes in the South Atlantic states that heat with one30.1%48%
Handles a 30°F nightStandard models lose heating power in the cold; cold-climate models are built for itYes

Sources: U.S. Energy Information Administration, U.S. Department of Energy, NOAA

When a heat pump makes sense

If your home doesn't have a gas line, a heat pump makes the choice easy since it handles both heating and cooling from one system. Winter nights here average 30°F, cold enough that a standard heat pump will lose some capacity, so ask about a cold-climate model built to keep its output at those temperatures. Since heating costs about the same here either way, you get air conditioning included at no added running cost.

When a furnace makes sense

If your home already has a gas line, a furnace is worth keeping since it heats without losing power on the coldest nights of the year. You'll still need a separate system for cooling, since a furnace only heats. Running cost lands about the same as a heat pump here, so the deciding factor is usually what's already hooked up to your house.

A Henrico County contractor will price both against your own house, your ductwork and your panel.

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