Heat Pump in Franklin — $480/yr to Run (12.5¢/kWh)
Your heat pump in Franklin costs about $40/month at 12.5¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Franklin, TN Electricity Rate
12.5¢/kWh
Utility: TVA
-4% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$2.40
19.2 kWh/day
Monthly Cost
$39.97
320 kWh/mo
Annual Cost
$480
3,840 kWh/yr
Lifetime (15yr)
$7,194
energy only
Monthly Cost Breakdown in Franklin
| Period | kWh | Franklin Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 19.2 | $2.40 | $2.50 | $-0.10 |
| Weekly | 134.4 | $16.79 | $17.47 | $-0.69 |
| Monthly | 320.0 | $39.97 | $41.60 | $-1.63 |
| Quarterly | 960.0 | $119.90 | $124.80 | $-4.90 |
| Annual | 3840.0 | $479.62 | $499.20 | $-19.58 |
Customize Your Heat Pump Cost
Adjust usage hours and electricity rate to calculate your exact cost in Franklin.
Daily
$2.40
Monthly
$39.97
Annual
$480
15-Year
$7,194
Energy Saving Tips for Heat Pump in Franklin
- ✓Franklin has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Heat Pump in Franklin saves ~$96/year compared to standard models.
- ✓A smart Heat Pump with scheduling optimization can save ~$96/year at Franklin rates.
- ✓Keep outdoor unit clear of debris
- ✓Use backup heat only when necessary
- ✓Set to auto mode
ENERGY STAR Savings: Upgrading to an ENERGY STAR Heat Pump in Franklin saves approximately $96/year at local rates — $1,439 over the appliance lifetime.
Highest-Cost Appliances in Franklin, TN
See which appliances cost the most to run at Franklin's 12.5¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,619/yr
$134.89/mo
Electric Furnace
HVAC · 10,000W
$1,124/yr
$93.67/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$821/yr
$68.38/mo
EV Charger (Level 2)
Garage · 7,200W
$809/yr
$67.45/mo
Boiler (Electric)
HVAC · 6,000W
$674/yr
$56.21/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$615/yr
$51.29/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$615/yr
$51.29/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$450/yr
$37.47/mo
Heat Pump Cost in Other Tennessee Cities
| City | Rate | Annual Cost | vs Franklin |
|---|---|---|---|
| Franklin (current) | 12.5¢ | $480 | — |
| Nashville | 12.0¢ | $460 | $-20 |
| Memphis | 13.1¢ | $503 | +$23 |
| Knoxville | 12.0¢ | $461 | $-19 |
| Chattanooga | 12.3¢ | $473 | $-7 |
| Clarksville | 11.3¢ | $435 | $-44 |
| Murfreesboro | 12.7¢ | $488 | +$8 |
| Johnson City | 11.9¢ | $457 | $-23 |
| Jackson | 9.4¢ | $363 | $-117 |
Heat Pump Energy Cost FAQ — Franklin, TN
Understanding Heat Pump Energy Costs in Franklin, TN
In the Franklin area, TVA serves a smaller residential base, and rates can be more sensitive to seasonal demand swings than in larger metros. Running a high-draw appliance like the Heat Pump (2,400W) at Franklin's rate of 12.5¢/kWh costs approximately $480 per year — $20 less than the national average of $499.
Rates in Franklin are close to the national average, so the Heat Pump's annual cost of $480 is broadly representative of what most US households pay. Over the 15-year expected lifespan, total energy cost reaches $7,194.
With a cost of living index of 118.5, Franklin is near the national median. The Heat Pump's monthly cost of $39.97 represents a typical share of the average Franklin electric bill of $112/month. Upgrading to an ENERGY STAR Heat Pump can cut energy use by up to 20%, saving approximately $96 per year at Franklin rates.
Franklin's moderate climate (avg 58°F) helps keep seasonal energy cost swings manageable for most appliances. A Heat Pump produces approximately 2.74 tons of CO2 annually at typical usage. Franklin residents can reduce this footprint by choosing an ENERGY STAR certified unit, optimizing usage patterns, or investing in solar — see our solar savings calculator for Franklin.
Compare All Energy Costs in Franklin
See energy costs for 168+ household appliances at Franklin's local electricity rate.