Heat pumps extract heat from a cold “source” and emit to a hot “sink”. Every fridge, freezer, air-conditioning and cooling system is a heat pump – the only real variation is where the heat is taken from and emitted to. In general, two units of cooling are added to one unit of electricity to produce three units of heat. If you can use the heating and cooling together, then you get five useful units of energy for one unit of electricity purchased.