In respect to refrigerant leaks, I have not seen an appreciable increase in leaks on the new systems. Most are now using R-410A, which is a compound refrigerant that has increased efficiency. I manage and maintain a 58 unit apartment community, and while we use straight cool and electric heat, in Georgia the bills are great. I keep my apartment at 70-72 in the summer and winter, and pay an average 87-100 bucks a month. I work with the installer on every unit(I don't have a warm air license so I have to have someone who does work with me on installs). To get back on the point, as long as you use a reputable manufacturer, i. e. Trane, American Standard, Payne, Carrier or Lennox or even Goodman, you shouldn't have a problem with leaks. Most have a minimum 5 year all around warranty, with some going as far as 10 years so any system leaks are covered. Heat pumps are great, better in some climates than others, but a good HVAC company should be able to get you something that works well. They're even doing heat pump water heaters now!!!!!