Heat pump vs furnace cost by state

All 51 US states · EIA residential fuel prices · March 2026

Whether a heat pump is cheaper to run than gas, propane, oil or electric heat depends on your state's fuel prices. Choose your state below for its exact EIA electricity, natural-gas, heating-oil and propane prices and a worked annual-cost comparison for a reference home — then run your own numbers in the calculator. Estimates, not quotes.

Source: EIA Electric Power Monthly, Table 5.6.A (residential). Data as of June 2026.

Northeast

Connecticut

30.47¢/kWh · Gas ~$973/yr cheaper

28.32¢/kWh · Gas ~$1,900/yr cheaper

Massachusetts

30.21¢/kWh · Gas ~$522/yr cheaper

New Hampshire

26.92¢/kWh · Gas ~$1,357/yr cheaper

23.49¢/kWh · Gas ~$366/yr cheaper

28.55¢/kWh · Gas ~$878/yr cheaper

Pennsylvania

20.92¢/kWh · Gas ~$483/yr cheaper

Rhode Island

29.91¢/kWh · Gas ~$1,122/yr cheaper

24.11¢/kWh · Gas ~$1,395/yr cheaper

Midwest

18.86¢/kWh · Gas ~$602/yr cheaper

17.85¢/kWh · Gas ~$511/yr cheaper

13.42¢/kWh · Gas ~$236/yr cheaper

15.34¢/kWh · Gas ~$10/yr cheaper

21.2¢/kWh · Gas ~$806/yr cheaper

15.08¢/kWh · Gas ~$574/yr cheaper

13.44¢/kWh · HP saves ~$69/yr vs gas

13.1¢/kWh · Gas ~$210/yr cheaper

North Dakota

11.95¢/kWh · Gas ~$77/yr cheaper

18.78¢/kWh · Gas ~$503/yr cheaper

South Dakota

14.29¢/kWh · Gas ~$338/yr cheaper

18.8¢/kWh · Gas ~$1,363/yr cheaper

South

17.15¢/kWh · HP saves ~$38/yr vs gas

13.63¢/kWh · HP saves ~$384/yr vs gas

17.64¢/kWh · Gas ~$38/yr cheaper

District of Columbia

25¢/kWh · Gas ~$284/yr cheaper

14.86¢/kWh · HP saves ~$46/yr vs gas

15.01¢/kWh · HP saves ~$79/yr vs gas

14.88¢/kWh · HP saves ~$138/yr vs gas

14.16¢/kWh · HP saves ~$56/yr vs gas

22.2¢/kWh · Gas ~$208/yr cheaper

Mississippi

16.3¢/kWh · HP saves ~$62/yr vs gas

North Carolina

16¢/kWh · Gas ~$9/yr cheaper

13.56¢/kWh · HP saves ~$83/yr vs gas

South Carolina

16.45¢/kWh · HP saves ~$23/yr vs gas

15.08¢/kWh · Gas ~$0/yr cheaper

16.39¢/kWh · HP saves ~$159/yr vs gas

17.05¢/kWh · HP saves ~$43/yr vs gas

West Virginia

16.37¢/kWh · Gas ~$4/yr cheaper

West

27.17¢/kWh · Gas ~$2,026/yr cheaper

15.59¢/kWh · HP saves ~$91/yr vs gas

33.35¢/kWh · Gas ~$152/yr cheaper

16.74¢/kWh · Gas ~$483/yr cheaper

42.23¢/kWh · HP saves ~$370/yr vs gas

13.01¢/kWh · Gas ~$448/yr cheaper

13.48¢/kWh · Gas ~$848/yr cheaper

14.17¢/kWh · Gas ~$45/yr cheaper

14.81¢/kWh · Gas ~$24/yr cheaper

14.89¢/kWh · HP saves ~$96/yr vs gas

13.17¢/kWh · Gas ~$257/yr cheaper

14.4¢/kWh · HP saves ~$51/yr vs gas

13.59¢/kWh · Gas ~$677/yr cheaper

Keep exploring

Source: EIA Electric Power Monthly, Table 5.6.A (residential) and EIA gas/oil/propane, U.S. public domain. Comparisons are estimates — see methodology.

Last updated: 2026-06-29