How Much Does It Cost to Run Heat Pump?
A heat pump moves heat instead of generating it, so it delivers far more heating or cooling per watt than resistance heat or a furnace's electric strips. At the US-average rate of 16.5¢/kWh, running a heat pump costs about $120.30/month ($1,443.65/year) at typical use. Adjust the watts, hours, and your rate below for your exact number.
Cost to run a heat pump
$1,444/yr
- Per day
- $3.96
- Per month
- $120.30
- Energy per year
- 8,760 kWh
Cost = power (kW) × hours × days × your rate. Defaults are typical values — enter your appliance's actual watts (often on a label) and your real rate for a precise figure.
Cost to run a heat pump by electricity rate
Same 3,000 W appliance, 8 h/day — the bill changes with where you live.
| Scenario | Rate | Per month | Per year |
|---|---|---|---|
| Cheapest states (North Dakota) | 11.5¢ | $84.02 | $1,008.28 |
| US average | 16.5¢ | $120.30 | $1,443.65 |
| Most expensive (Hawaii) | 42.9¢ | $312.88 | $3,754.54 |
Find your state's rate on the electricity rates by state page, or see the appliance wattage chart for more devices.
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