Heat Pump in Raleigh — $489/yr to Run (12.7¢/kWh)
Your heat pump in Raleigh costs about $41/month at 12.7¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Raleigh, NC Electricity Rate
12.7¢/kWh
Utility: Duke Energy Progress
-2% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$2.44
19.2 kWh/day
Monthly Cost
$40.74
320 kWh/mo
Annual Cost
$489
3,840 kWh/yr
Lifetime (15yr)
$7,332
energy only
Monthly Cost Breakdown in Raleigh
| Period | kWh | Raleigh Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 19.2 | $2.44 | $2.50 | $-0.05 |
| Weekly | 134.4 | $17.11 | $17.47 | $-0.36 |
| Monthly | 320.0 | $40.74 | $41.60 | $-0.86 |
| Quarterly | 960.0 | $122.21 | $124.80 | $-2.59 |
| Annual | 3840.0 | $488.83 | $499.20 | $-10.37 |
Customize Your Heat Pump Cost
Adjust usage hours and electricity rate to calculate your exact cost in Raleigh.
Daily
$2.44
Monthly
$40.74
Annual
$489
15-Year
$7,332
Energy Saving Tips for Heat Pump in Raleigh
- ✓Raleigh has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Heat Pump in Raleigh saves ~$98/year compared to standard models.
- ✓A smart Heat Pump with scheduling optimization can save ~$98/year at Raleigh rates.
- ✓Raleigh's warm climate (avg 64°F) means higher cooling costs — consider ceiling fans to supplement.
- ✓Keep outdoor unit clear of debris
- ✓Use backup heat only when necessary
ENERGY STAR Savings: Upgrading to an ENERGY STAR Heat Pump in Raleigh saves approximately $98/year at local rates — $1,466 over the appliance lifetime.
Highest-Cost Appliances in Raleigh, NC
See which appliances cost the most to run at Raleigh's 12.7¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,650/yr
$137.48/mo
Electric Furnace
HVAC · 10,000W
$1,146/yr
$95.48/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$836/yr
$69.70/mo
EV Charger (Level 2)
Garage · 7,200W
$825/yr
$68.74/mo
Boiler (Electric)
HVAC · 6,000W
$687/yr
$57.28/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$627/yr
$52.27/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$627/yr
$52.27/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$458/yr
$38.19/mo
Heat Pump Cost in Other North Carolina Cities
| City | Rate | Annual Cost | vs Raleigh |
|---|---|---|---|
| Raleigh (current) | 12.7¢ | $489 | — |
| Charlotte | 13.3¢ | $512 | +$23 |
| Greensboro | 13.6¢ | $523 | +$35 |
| Durham | 13.3¢ | $510 | +$21 |
| Winston-Salem | 14.0¢ | $537 | +$48 |
| Fayetteville | 12.7¢ | $489 | +$0 |
| Cary | 13.1¢ | $502 | +$13 |
| Wilmington | 14.1¢ | $540 | +$51 |
| High Point | 13.5¢ | $520 | +$31 |
Heat Pump Energy Cost FAQ — Raleigh, NC
Understanding Heat Pump Energy Costs in Raleigh, NC
Raleigh is a mid-sized North Carolina city where residential electricity rates from Duke Energy Progress are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Heat Pump (2,400W) at Raleigh's rate of 12.7¢/kWh costs approximately $489 per year — $10 less than the national average of $499.
Rates in Raleigh are close to the national average, so the Heat Pump's annual cost of $489 is broadly representative of what most US households pay. Over the 15-year expected lifespan, total energy cost reaches $7,332.
Raleigh's cost of living index of 87 is below the national average, and electricity costs reflect that affordability. The Heat Pump adds $40.74/month to a typical bill of $121. Upgrading to an ENERGY STAR Heat Pump can cut energy use by up to 20%, saving approximately $98 per year at Raleigh rates.
Raleigh's moderate climate (avg 64°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. Raleigh 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 Raleigh.
Compare All Energy Costs in Raleigh
See energy costs for 168+ household appliances at Raleigh's local electricity rate.