CutYourElectric

How much does it cost to run a heat pump?

A heat pump costs about 25¢ per hour, $6.04 a day, $184 a month and $920 a year at typical use (24 hours a day for 5 months a year) and the U.S. average rate of 17.99¢/kWh. Watts are average compressor plus blower draw in heating, including occasional backup strip heat. Defaults give about 5,000 kWh a winter for a 3-ton system in a moderate climate; very cold climates use more because of backup heat.

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Cost by setting

SettingWattsPer hourPer dayPer monthPer year
2 ton2,70017¢$4.08$124$621
3 ton4,00025¢$6.04$184$920
4 ton5,30033¢$8.01$244$1,219
5 ton6,60042¢$9.97$304$1,518

At 24 hours a day for 5 months a year and 17.99¢/kWh.

Cost by hours of use

Hours per daykWh/dayPer dayPer monthPer year (all year)
1 hour1.4025¢$7.67$92
2 hours2.8050¢$15.33$184
4 hours5.60$1.01$30.66$368
8 hours11.20$2.01$61.33$736
12 hours16.80$3.02$91.99$1,104
24 hours33.60$6.04$184$2,208

Cost to run a heat pump in every state

The same heat pump costs $630 a year in North Dakota and $2,225 in Hawaii, at each state's average residential rate (12 months ending July 2026).

StateRatePer hourPer monthPer year
North Dakota12.32¢17¢$126$630
Idaho12.65¢18¢$129$647
Nebraska12.86¢18¢$132$658
Louisiana12.99¢18¢$133$664
Utah13.32¢19¢$136$681
Nevada13.36¢19¢$137$683
Arkansas13.43¢19¢$137$687
Tennessee13.56¢19¢$139$693
Oklahoma13.70¢19¢$140$701
Montana13.84¢19¢$142$708
Kentucky13.92¢19¢$142$712
Missouri13.95¢20¢$143$713
Wyoming14.01¢20¢$143$716
Washington14.12¢20¢$144$722
Iowa14.13¢20¢$145$723
South Dakota14.20¢20¢$145$726
Mississippi14.77¢21¢$151$755
North Carolina14.77¢21¢$151$755
Kansas15.09¢21¢$154$772
Georgia15.12¢21¢$155$773
New Mexico15.32¢21¢$157$783
Florida15.39¢22¢$157$787
Arizona15.40¢22¢$157$787
West Virginia15.48¢22¢$158$792
Oregon15.50¢22¢$159$793
South Carolina15.64¢22¢$160$800
Texas15.96¢22¢$163$816
Minnesota16.22¢23¢$166$829
Alabama16.44¢23¢$168$841
Virginia16.48¢23¢$169$843
Colorado16.58¢23¢$170$848
Indiana16.94¢24¢$173$866
Delaware17.79¢25¢$182$910
Ohio18.25¢26¢$187$933
Wisconsin18.74¢26¢$192$958
Illinois18.79¢26¢$192$961
Pennsylvania20.70¢29¢$212$1,058
Maryland21.03¢29¢$215$1,075
Michigan21.05¢29¢$215$1,076
New Jersey23.78¢33¢$243$1,216
Vermont23.80¢33¢$243$1,217
District of Columbia24.20¢34¢$247$1,237
New Hampshire26.67¢37¢$273$1,364
Alaska26.85¢38¢$275$1,373
Connecticut27.99¢39¢$286$1,431
New York28.39¢40¢$290$1,452
Rhode Island29.27¢41¢$299$1,497
Maine29.31¢41¢$300$1,499
Massachusetts30.43¢43¢$311$1,556
California32.99¢46¢$337$1,687
Hawaii43.51¢61¢$445$2,225

How to cut the cost

  • Avoid big thermostat setbacks of more than 2-3°F with older single-speed heat pumps; recovering from a setback often triggers the expensive backup strip heat.
  • Set the auxiliary heat lockout to 30-35°F outdoor temperature on a compatible thermostat so strips run only when needed.
  • Keep the outdoor unit clear of snow, leaves and shrubs by at least 2 ft and replace filters every 1-3 months.
  • Have refrigerant charge and airflow checked every 1-2 years; a 10% undercharge cuts efficiency 10-20%.
  • Use 'Heat' not 'Emergency heat' unless the compressor has failed; emergency heat costs 2-3 times as much.

Cheaper ways to get the job done

Smart thermostat with heat pump support

Manages auxiliary heat and setbacks to keep the compressor doing most of the work.

See options on Amazon
Cold-climate inverter heat pump

Variable-speed compressors keep efficient output down to 5°F or below and cut backup heat use.

See options on Amazon

We may earn a commission from qualifying purchases. It never changes the numbers we show. Disclosure.

Compare with similar appliances

ApplianceWattsTypical usePer monthPer year
Heat pump4,00024 hours a day for 5 months a year$184$920
Electric furnace15,00024 hours a day for 5 months a year$394$1,971
Central air conditioner3,50012 hours a day for 5 months a year$103$517
Geothermal heat pump3,20024 hours a day for 5 months a year$168$841
Mini split heat pump (heating)1,10014 hours a day for 5 months a year$46.65$233
Heat pump water heater4501,300 kWh a year$19.49$234
Garage heater5,0004 hours a day, 4 days a week for 5 months a year$37.55$188

Compare these side by side at your rate →

Head-to-head comparisons

Frequently asked questions

How much does it cost to run a heat pump per hour?

A heat pump drawing 4,000 watts uses 1.40 kWh per hour while running (35% duty cycle). At the U.S. average of 17.99¢/kWh that's 25¢ per hour. In North Dakota (12.32¢) it's 17¢. In Hawaii (43.51¢) it's 61¢.

How much does it cost to run a heat pump per month?

At typical use (24 hours a day for 5 months a year), a heat pump costs about $184 a month while in use and $920 a year over the 5 months it's typically used, at the U.S. average rate. Enter your ZIP in the calculator above for your utility's rate.

How many watts does a heat pump use?

Most heat pumps use 2,000 to 8,000 watts, depending on the setting (2 ton 2,700 W, 3 ton 4,000 W, 4 ton 5,300 W, 5 ton 6,600 W). Starting surge can reach 12,000 W. Check the label on the back or bottom for your model's exact rating.

How many kWh does a heat pump use?

About 33.60 kWh a day and 5,114 kWh a year at typical use (24 hours a day for 5 months a year).

Does a heat pump use a lot of electricity?

Yes. At 5,114 kWh a year it's one of the bigger loads in a home, about 49% of the average U.S. home's 10,492 kWh a year.

Is it cheaper to run a heat pump or an electric furnace?

At typical use, a heat pump costs about $920 a year versus $1,971 for an electric furnace. So the heat pump is cheaper by about $1,051 a year. Use the comparison table above to compare them at your own settings.

How can I lower the cost of running a heat pump?
  • Avoid big thermostat setbacks of more than 2-3°F with older single-speed heat pumps; recovering from a setback often triggers the expensive backup strip heat.
  • Set the auxiliary heat lockout to 30-35°F outdoor temperature on a compatible thermostat so strips run only when needed.
  • Keep the outdoor unit clear of snow, leaves and shrubs by at least 2 ft and replace filters every 1-3 months.

Rates updated 2026-10-21: EIA data through July 2026. Typical wattage and usage reviewed against DOE, ENERGY STAR and manufacturer specs. Methodology.