Heat-pump savings rankings
Which states favour a heat pump on running cost — and which still favour gas.
Heat-pump savings vary widely by state because they hinge on the ratio of electricity price to gas price and on climate. These rankings use a reference 2,000 sq ft home at each state's default climate zone. Pick a list below, then check your state page. Estimates, not quotes.
Source: EIA Electric Power Monthly, Table 5.6.A (residential). Data as of June 2026.
Where heat pumps save the most vs gas
States with the biggest heat-pump-vs-gas-furnace running-cost advantage.
Where natural gas is still cheaperStates where cheap gas and/or high electricity favour a gas furnace.
Cheapest electricity for a heat pumpLowest residential electricity prices — best for heat-pump running cost.
Most expensive electricityWhere high electricity prices squeeze heat-pump savings.
Last updated: 2026-06-29