Key Takeaways Heat pumps run on electricity and furnaces run on fossil fuels, natural gas, propane, or oil.Our experts say there's no clear answer for which type is more energy efficient.Location ...

Erin Gobler is a personal finance writer based in Madison, Wisconsin. She writes about topics including budgeting, student loans, credit, mortgages, investing and insurance. Her work has been ...

When you want to save money on your HVAC costs, you may choose to investigate the benefits of installing a heat pump. Electric heat pumps give you both heating and cooling capabilities, meaning you ...

Replacing the old furnace in your central heating system with a new, more efficient model can offset volatile energy prices. (So far, it’s predicted that fuel costs will go up this winter.) Money ...

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Madeline Koch is a ...

Newly-manufactured indoor residential gas furnaces will have to be at least 95% efficient starting in late 2028 under a new rule issued by the U.S. Department of Energy (DOE). In an effort to save ...

At least half of American homes are heated by natural gas, and when a gas furnace breaks the families in them can be left without heat for a day or often longer. That’s what our members who rely on ...