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How does a heatpump work?

And how does it compare to existing systems?

The heat pump is a device
that transfers heat,
instead of producing it.

In cold times,
the heat is transferred
from outside to inside.

In warm times, the heat
then is transferred from
inside to outside.

However, it can take up to a day
to change the temperature
by few degrees.

Heat pump vs Boiler

OK...

Heat pumps seem cool and efficient, but only if they are used the right way. Without proper management they can be 10X times more costly and inefficient than traditional heating methods.

So how do you use them?