This study is to compare energy consumption of air-source, ground-source and dual-source heat pump systems during intermediate season using dynamic simulation. Ground-source heat pump has higher COP than that of air-source but requires additional power consumption of auxiliary equipment such as circulation pump. During intermediate season when the outdoor air temperature is favorable, total COP of air-source heat pump may be greater than that of ground-source when circulation pump power consumption is included. Dual-source heat pump which selects the more favorable heat source is compared with air-source only and ground-source only heat pumps for total power consumption. Results show that power consumption of dual-source heat pump is lower than that of ground-source only by 0.73%.