One of the HVAC contractors I had out to quote doing a gas conversion started telling me about heat pumps. At first I thought he was crazy, but apparently a number of people in my are have installed them. He's claiming incredible energy savings and 4-5 year paybacks.
My only heat pump experience was in the mid 90's when I lived in an apartment in Indiana with a heat pump. Once it got down to freezing the electric kicked in and burned up the bearings in our electric meter. Apparently things have changed quite a bit. First they are installed with a gas furnace, and second, they work down to 20 degrees he says. Even in January, our average temperature is 23 so in an average January the heat pump would be in use more than 1/2 the time.
So, who has one?