Answer: - In your area I would guess you would be slightly better off money wise with the heat pump. However if you have never lived with as heat pump, be aware that a lot of people who have had other systems and switch to it find it less comfortable. The temperature of the air that is delivered is not much more than the room temperature and with the air movement the wind chill effect often makes it feel colder than the room temperature. -Have you experienced a house that uses a heat pump? I live in Hampton Roads area of Virginia and would never consider switching over to heat pump. My co-worker in Gloucester has heat pump and regrets it.