Heat Pump Energy Cost Calculator
Provides both heating and cooling by transferring heat between indoor and outdoor air.
Power Draw
2,400W
watts
Annual kWh
3,840
avg usage
Annual Cost
$499
avg national
CO₂/Year
2.74 tons
carbon impact
Heat Pump Cost Calculator
Customize usage and your state's electricity rate for accurate cost estimates.
Daily Cost
$2.50
Monthly Cost
$41.60
Annual Cost
$499
Lifetime Cost
$7,488
Energy Saving Opportunities
ENERGY STARAvailable
Save up to 20% vs standard models
~$100/year savings
Smart VersionAvailable
Smart scheduling saves 20% more energy
~$100/year savings
Energy Saving Tips
- ✓Keep outdoor unit clear of debris
- ✓Use backup heat only when necessary
- ✓Set to auto mode
Compare Alternatives
| Appliance | Watts | Annual kWh | Annual Cost |
|---|---|---|---|
| Heat Pump (current) | 2,400W | 3,840 | $499 |
| Gas Furnace | 600W | 720 | $94 |
| Mini-Split Air Conditioner | 1,200W | 1,152 | $150 |
| Central Air Conditioner | 3,500W | 3,360 | $437 |
Heat Pump Cost Summary
Purchase Price (one-time)$6,000
Annual Energy Cost (at 13¢/kWh)$499
Lifespan 15 years
Lifetime Energy Cost (energy only)$7,488
Total Cost of Ownership (purchase + energy)$13,488
Heat Pump Energy FAQ
Heat Pump Running Cost by City (top 100)
Electricity rates vary by city, so the cost to run a heat pump does too. See your local cost:
New York, NYLos Angeles, CAChicago, ILHouston, TXPhoenix, AZPhiladelphia, PASan Antonio, TXSan Diego, CADallas, TXSan Jose, CAAustin, TXJacksonville, FLFort Worth, TXColumbus, OHIndianapolis, INCharlotte, NCSan Francisco, CASeattle, WADenver, COWashington, DCNashville, TNOklahoma City, OKEl Paso, TXBoston, MAPortland, ORLas Vegas, NVDetroit, MIMemphis, TNLouisville, KYBaltimore, MDMilwaukee, WIAlbuquerque, NMTucson, AZFresno, CASacramento, CAKansas City, MOMesa, AZAtlanta, GAOmaha, NEColorado Springs, CORaleigh, NCLong Beach, CAVirginia Beach, VAMiami, FLOakland, CAMinneapolis, MNTulsa, OKBakersfield, CATampa, FLWichita, KSArlington, TXAurora, CONew Orleans, LACleveland, OHHonolulu, HIAnaheim, CALexington, KYStockton, CAHenderson, NVCorpus Christi, TXRiverside, CANewark, NJSaint Paul, MNSanta Ana, CACincinnati, OHIrvine, CAOrlando, FLPittsburgh, PASt. Louis, MOGreensboro, NCOyster Bay, NYJersey City, NJAnchorage, AKLincoln, NEPlano, TXDurham, NCBuffalo, NYChandler, AZChula Vista, CAToledo, OHMadison, WIGilbert, AZReno, NVLubbock, TXFort Wayne, INNorth Las Vegas, NVSt. Petersburg, FLIrving, TXLaredo, TXWinston-Salem, NCChesapeake, VAGlendale, AZGarland, TXScottsdale, AZArlington, VANorfolk, VANorth Hempstead, NYBoise, IDFremont, CASpokane, WA
Compare All Appliance Costs
See energy costs for 178+ household appliances and find ways to reduce your electric bill.