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Hybrid electric-gas heat pump systems are a possible retrofit option in older residential buildings. Older buildings can be challenging to retrofit and in this context hybrid systems can offer an intermediate route to decarbonisation of building heating energy demand. This is especially the case, where deep retrofit measures coupled with monovalent electric heat pump systems may not be feasible from an economic perspective. The aim of the current paper is to examine the suitability of a hybrid electric-gas heat pump system in comparison to electric heat pump systems as a retrofit measure for Irish housing stock and to benchmark both options against existing fossil fuel baseline systems. A detailed building energy model of a residential dwelling was developed and calibrated to within acceptable ASHRAE standards. An energy assessment was carried out which investigates each retrofit scenario. Key findings include: (i) both the all-electric and hybrid heat pump systems deliver primary energy savings compared to the fossil fuel baseline systems, (ii) hybrid systems attain higher primary energy savings compared to all-electric heat pump, where the hybrid system incorporates flexible delivery temperatures compared to a fixed delivery temperature tor the all-electric heat pump system.