This is established and commonly installed technology in Japan. It's called EneFarm. Lots of newish houses connected to natural gas have these largish boxes out front. The odd name leaves most people confused.
The EneFarms used to be heavily subsidized by the japanese government in a long term program to encourage fuel cell development and manufacturing. Over time prices have decreased such that the subsidy is either already expired or could be soon expired.
The tech is near, and allows getting a bit more energy out if natural gas. The gas companies hope it will allow them to eventually reuse their pipes to send hydrogen. Personally I think the combo of cheap solar panels and 400% efficiency heat pumps will outcompete gas.
Just because you pay a positive non-zero amount for less than a quarter of the energy in, it does not mean that a device has greater than 100% efficiency, which is not possible.
If heat pumps are 400% efficient then log burners in cabins in the woods are even better.
A heat pump warms a home more efficiently than using the same amount of electricity for resistive heating. It can do this because it's not generating the heat from scratch; it's moving heat from outside to inside.
A local company has developed a heat pump with a thermal energy storage system. Not sure how they do this, but I imagine there is some sort of insulated cinder blocks on a secondary loop that shuttles heat/cold to where it needs to go.
Unfortunately by that metric other electrical heaters tend to 0% efficiency because they are not making use of the virtually unlimited energy outside the buildings.
The 400% metric let's you compare with other heaters, the 100% is kind of useless.
All energy from log burners comes from the fuel, and some ashes remain unburnt. They're under 100% efficient at converting fuel to heat. You put in x fuel and <x heat.
A heat pump takes heat from outside the system. You put in x fuel and you get >x heat. Getting more energy than you put in makes the efficiency over 100%.
Sure, a slightly irritating turn of phrase, not accurate. I didn't think it would be so controversial to hold terms of art/words with actual scientific meaning to a higher standard though.
If we're willing to be so blasé with 'efficiency' then why not, say, 'functional programming'? If it works it's functional right?
The EneFarms used to be heavily subsidized by the japanese government in a long term program to encourage fuel cell development and manufacturing. Over time prices have decreased such that the subsidy is either already expired or could be soon expired.
The tech is near, and allows getting a bit more energy out if natural gas. The gas companies hope it will allow them to eventually reuse their pipes to send hydrogen. Personally I think the combo of cheap solar panels and 400% efficiency heat pumps will outcompete gas.