In general, heat pumps draw heat or cold from exterior outdoor air, ground, or water and transfer it indoors for warming or cooling. They are somewhat less expensive from an operational expense point of view. A heat pump graded as 100,000BTU will averagely consume around 5,000 watts, or 5KW every hour. Using it four hours a day will consume 20KW—a kilowatt of electricity costs anywhere between $.13 to $.16cents per hour. The rates will vary depending on the utility provider. Therefore, a heat pump running for an hour will need approximately $.80 and $3.2 power charge in a day.