At Virginia prices a typical heat pump heats a house for about $894 a year, against $829 for a 95% gas furnace; it wins clearly against propane, oil and electric resistance heat, and it also replaces the air conditioner.
Do I need a cold-climate heat pump in Virginia?
Generally not. None of the Virginia cities we track has winters cold enough to require a cold-climate model, although one still helps on the coldest nights.
Running cost calculator
Pre-filled with Virginia prices. Pick your city and what you heat with today.