{
 "utility": "Cumberland Valley Electric, Inc.",
 "utility_legal_name": "Cumberland Valley Electric, Inc.",
 "eia_id": 4622,
 "state": "KY",
 "state_name": "Kentucky",
 "url": "https://meterwise.app/ky/cumberland-valley-electric-inc/heat-pump-vs-furnace/",
 "markdown_url": "https://meterwise.app/ky/cumberland-valley-electric-inc/heat-pump-vs-furnace/index.md",
 "json_url": "https://meterwise.app/data/v1/utilities/ky/cumberland-valley-electric-inc.json",
 "json_path": "data/v1/utilities/ky/cumberland-valley-electric-inc.json",
 "updated": "2026-11-10",
 "zip_codes_served": 56,
 "quick_answer": "As of November 2026, for a typical 1,800 sq ft electrically heated home on Cumberland Valley Electric, Inc. electricity rates in Kentucky that needs a new furnace and AC: A heat pump comes out ahead here even with a high quote: about $14,300 less than a new furnace and AC over 15 years at typical prices, and $1,020 a year less to run.",
 "verdict": "heat pump ahead at any quote",
 "verdict_code": "always",
 "assumptions": {
  "floor_area_sqft": 1800,
  "insulation": "average",
  "scenario": "furnace and AC both need replacing",
  "heating_fuel": "electric",
  "lifetime_years": 15
 },
 "electricity": {
  "price_per_kwh_typical_bill": 0.1287,
  "winter_extra_kwh_price": 0.1167,
  "state_average_per_kwh": 0.14,
  "vs_state_average_pct": -8,
  "source": "utility average price (EIA)",
  "tariff": null,
  "tariff_effective": null,
  "note": "Electricity: Cumberland Valley Electric, Inc.'s average residential price in KY (EIA), $0.129/kWh; the winter price of extra kWh is estimated at $0.117/kWh. Enter your own rate for a closer answer."
 },
 "climate": {
  "station": "Barbourville HCN",
  "heating_degree_days": 4408,
  "cooling_degree_days": 1156,
  "normals": "NOAA 1991-2020"
 },
 "heating_fuel": {
  "default": "electric",
  "price_per_therm_gas": 1.405,
  "local_mix": {
   "electric": 0.707,
   "gas": 0.174,
   "oil": 0.016,
   "other": 0.049,
   "propane": 0.053
  }
 },
 "heat_pump": {
  "option": "Heat pump (replaces both)",
  "annual_saving_vs_like_for_like": 1019,
  "break_even_quote_gap": 15279
 },
 "options": [
  {
   "id": "like",
   "option": "New electric furnace + new AC",
   "installed_typical": 10290,
   "installed_low": 7448,
   "installed_high": 13328,
   "rebates": 0,
   "energy_cost_per_year": 1611,
   "electricity_kwh_per_year": 13470,
   "fuel_per_year": null,
   "total_15_years": 34461
  },
  {
   "id": "hp",
   "option": "Heat pump (replaces both)",
   "installed_typical": 11270,
   "installed_low": 7840,
   "installed_high": 14700,
   "rebates": 0,
   "energy_cost_per_year": 593,
   "electricity_kwh_per_year": 4912,
   "fuel_per_year": null,
   "total_15_years": 20162
  },
  {
   "id": "hp_cold",
   "option": "High-efficiency cold-climate heat pump",
   "installed_typical": 14700,
   "installed_low": 10780,
   "installed_high": 19600,
   "rebates": 0,
   "energy_cost_per_year": 470,
   "electricity_kwh_per_year": 3899,
   "fuel_per_year": null,
   "total_15_years": 21748
  }
 ],
 "rebates_checked": false,
 "rebate_programs": [],
 "license": "https://creativecommons.org/licenses/by/4.0/",
 "citation": "MeterWise, \"Heat pump vs. electric furnace and AC on Cumberland Valley Electric, Inc. rates (KY)\", updated 2026-11-10, https://meterwise.app/ky/cumberland-valley-electric-inc/heat-pump-vs-furnace/"
}