Is it more expensive to heat my home with electricity than natural gas?

For an all-electric new home, the heating costs will be about the same or slightly lower than for a more traditional home using natural gas for heating. However, for most existing homes that install a new heat pump system, the heating costs with the heat pump may be slightly higher.

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Love Electric aims to accelerate the adoption of heat pumps, heat pump water heaters, and other efficient electric technologies in homes and businesses across Colorado, to lower consumer energy costs, reduce greenhouse gas emissions, and provide improved health, comfort and other benefits. Love Electric is an initiative of the Beneficial Electrification League of Colorado (BEL-CO).

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