Heat Pump in Peoria — $647/yr to Run (16.9¢/kWh)
Your heat pump in Peoria costs about $54/month at 16.9¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Peoria, IL Electricity Rate
16.9¢/kWh
Utility: ComEd
+30% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$3.24
19.2 kWh/day
Monthly Cost
$53.92
320 kWh/mo
Annual Cost
$647
3,840 kWh/yr
Lifetime (15yr)
$9,706
energy only
Monthly Cost Breakdown in Peoria
| Period | kWh | Peoria Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 19.2 | $3.24 | $2.50 | +$0.74 |
| Weekly | 134.4 | $22.65 | $17.47 | +$5.17 |
| Monthly | 320.0 | $53.92 | $41.60 | +$12.32 |
| Quarterly | 960.0 | $161.76 | $124.80 | +$36.96 |
| Annual | 3840.0 | $647.04 | $499.20 | +$147.84 |
Customize Your Heat Pump Cost
Adjust usage hours and electricity rate to calculate your exact cost in Peoria.
Daily
$3.24
Monthly
$53.92
Annual
$647
15-Year
$9,706
Energy Saving Tips for Heat Pump in Peoria
- ✓Peoria electricity rates are 30% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Heat Pump in Peoria saves ~$129/year compared to standard models.
- ✓A smart Heat Pump with scheduling optimization can save ~$129/year at Peoria 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 Peoria saves approximately $129/year at local rates — $1,941 over the appliance lifetime.
Highest-Cost Appliances in Peoria, IL
See which appliances cost the most to run at Peoria's 16.9¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$2,184/yr
$181.98/mo
Electric Furnace
HVAC · 10,000W
$1,517/yr
$126.38/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$1,107/yr
$92.25/mo
EV Charger (Level 2)
Garage · 7,200W
$1,092/yr
$90.99/mo
Boiler (Electric)
HVAC · 6,000W
$910/yr
$75.83/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$830/yr
$69.19/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$830/yr
$69.19/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$607/yr
$50.55/mo
Heat Pump Cost in Other Illinois Cities
| City | Rate | Annual Cost | vs Peoria |
|---|---|---|---|
| Peoria (current) | 16.9¢ | $647 | — |
| Chicago | 16.6¢ | $639 | $-8 |
| Aurora | 15.0¢ | $575 | $-72 |
| Joliet | 14.4¢ | $553 | $-94 |
| Naperville | 14.6¢ | $563 | $-84 |
| Rockford | 17.0¢ | $654 | +$7 |
| Elgin | 13.6¢ | $521 | $-126 |
| Springfield | 15.9¢ | $609 | $-38 |
| Waukegan | 14.3¢ | $550 | $-98 |
Heat Pump Energy Cost FAQ — Peoria, IL
Understanding Heat Pump Energy Costs in Peoria, IL
Peoria is a mid-sized Illinois city where residential electricity rates from ComEd are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Heat Pump (2,400W) at Peoria's rate of 16.9¢/kWh costs approximately $647 per year — $148 more than the national average of $499.
Electricity in Peoria is significantly more expensive than the national average — 30% higher. For a Heat Pump used 8 hours per day, this rate premium adds up to $148 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
Peoria's cost of living index of 91 is below the national average, and electricity costs reflect that affordability. The Heat Pump adds $53.92/month to a typical bill of $148. Upgrading to an ENERGY STAR Heat Pump can cut energy use by up to 20%, saving approximately $129 per year at Peoria rates.
Peoria's moderate climate (avg 50.9°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. Peoria 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 Peoria.
Compare All Energy Costs in Peoria
See energy costs for 168+ household appliances at Peoria's local electricity rate.