Heat pumps have emerged as a promising heating and cooling technology in achieving a cleaner and greener future for our coming generations. But are heat pumps worth the investment in 2023? In this comprehensive article, we'll explore the history, science, types, advantages, drawbacks, and financial aspects of heat pumps to help you make an informed decision about whether to invest in heat pumps for your multifamily buildings.

As a multifamily building owner, choosing the right heating and cooling system is crucial for ensuring comfortable living conditions for your tenants, saving on electricity bills, and making the best decision for your asset in the long run. With so many options available in the market, it can be overwhelming to decide which one is right for your property. Two of the most popular options for heating your buildings are heat pumps and furnaces. In this article, we will compare both systems to help you make an informed decision.

Just like we’ve utilized SEER Rating to measure the cooling efficiency of Heat Pumps and other devices, we look at HSPF (Heating Seasonal Performance Factor) to see how efficiently our Heat pumps are functioning in cold climates. Read more on how to keep your Heat Pump effective in the Winter months.