How a heat pump works

Yeah, tl;dr: fuel price scares and the French nuclear power plant disaster, as well as government regulations.

To expand: most homes traditionally are heated by either burning something fossil (oil, gas, coal), somewhat half-ish renewable (wood pellets, straight chopped wood), by straight electricity (resistive heating) or by heat pumps (air-to-air, ground-to-air, deep-well-to-air aka geothermal). Some homes particularly in urban areas or in close proximity to a large power plant can also be heated by district heating using one of the aforementioned heat sources.

And all of these classes of heaters have their issues:

- Electricity is the easiest of the bunch from a technical point of view, but you're out of luck when the grid fails for whatever reason, you're tied to grid price hikes in some contract models (as people learned the hard way in Texas' last winter spike), there will be fuel burned as part of the generation and frankly resistive heating is wasteful.

- Wood pellet has the problem that the amount of waste (=sawdust) is finite, which means you're chopping down wood that could be used for construction and burning it instead. That is a waste of money and valuable resources when wood is scarce, fine particulate matter causes smell and health issues, and a lot of wood is unethically sourced.

- Solid-wood or coal heaters are difficult to properly fire up - most people fire it wrong (not enough oxygen / too much fuel load), resulting in higher consumption of wood, higher emissions and a danger of soot buildup which is a fire risk. Additionally, many home fires are started by people disposing not-completely-cooled ash or placing flammable objects too close to the oven or exhaust, and still a lot of people die because of carbon monoxide emissions caused by improper handling.

- Oil stinks to hell and beyond, the boilers need an insane amount of maintenance so they don't clog up, you need to ship tanker trucks to homes, there are risks of spillage and contamination, and the same emissions issues of wood apply (plus, oil generates more CO2 than gas per kWh of heat). Also, it's not renewable at all.

- Gas is relatively easy to ship around when there is a gas distribution network in place, it burns relatively clean, but carries an explosion risk and is fossil in origin (at least for the next decades that it will take to build up power-to-gas infrastructure).

In contrast, heat pumps are pretty awesome:

- all they need is a bit of electricity - a good heat pump can achieve up to 4x ratio, meaning it generates 4 kWh of available heat in the home by using 1 kWh of electricity. That also makes off-grid or local generator fallback solutions more feasible - a 20 kW heat-pump boiler needs a 5 kW generator which can be had for a couple hundred dollars instead of a massive generator unit.

- their heat sources (or rather, cold sinks) are renewable - air, local ground loops or deep wells are virtually infinite. That means, as long as your electricity supply is renewable, your heat generation also is renewable.

- Most heat pumps run at 40-ish degrees. That in turn prohibits the use of old-school convection radiators, so most installations with heat pumps tend to use floor heating which needs less energy to achieve a temperature comfortable for humans (our feet are the most sensitive part, but as heat from a convection radiator rises to the top of the room, it needs a lot of energy for a comfortably warm floor).

- they are, particularly when compared to oil heating, extremely small and don't cause emissions

- they don't need much maintenance effort to keep running, and no need for chimney sweepers either

- they don't pose an imminent risk of carbon monoxide poisoning or outright fire

Basically, the only issue heat pumps have is you need specially trained people to install them and they are short in supply at the moment since everyone and their dog got shocked to heaven in the last year of that goddamn war and heat pumps are the objectively best way to heat a home.

I have a 3000 sqft house in MA with a heat pump as my primary heat, and an electric strip as backup. The heat pump goes into the ductwork for most of the house. I generally haven't had problems. (It did have to be adjusted because it was the first time the installer put one in.) I have solar and usually get 1-2 large bills in January and February, and then March and April are very cheap, if I get a bill at all. My "large" January and February are comparable to what I'd spend on conventional heat.

Last weekend we had a "once in a century" cold snap down to -4. Most of the house was at temp, but one room fell to the high 50s. From what I've heard, plenty of people with conventional heat had far worse issues than a chilly room.

Cost is going to vary greatly on the electricity and gas prices in your area, so it's hard to give a definitive answer there.

With regards to energy efficiency, my understanding is that heat pumps can be up to 400% (300% typical), which is naively much better than gas which is at most 90% efficient (70-80% typical). This doesn't take into account the extra innefficiency of generating the electricity in the first place, but a quick google tells me coal plants are typically 33% efficient, with combined cycle gas plants being typically being 50% efficient. Even at those levels, heat pumps still look to be coming out ahead to me. And that's not even taking into the possibility of green energy generation through renewables or nuclear.