I wanted to replace my 38 year old electric furnace with something newer. The two companies I talked to told me that a newer electric furnace won't be any more efficient than the one I have now. They both wanted to do heat pumps. I understand that these would be more efficient but I have trouble believing that in the last 40 years electric furnaces haven't improved at least somewhat. Am I wrong in thinking this? Gas in not available on my street.