{
 "utility": "The Narragansett Electric Co",
 "utility_legal_name": "The Narragansett Electric Co",
 "eia_id": 13214,
 "state": "RI",
 "state_name": "Rhode Island",
 "url": "https://meterwise.app/ri/the-narragansett-electric-co/heat-pump-vs-furnace/",
 "markdown_url": "https://meterwise.app/ri/the-narragansett-electric-co/heat-pump-vs-furnace/index.md",
 "json_url": "https://meterwise.app/data/v1/utilities/ri/the-narragansett-electric-co.json",
 "json_path": "data/v1/utilities/ri/the-narragansett-electric-co.json",
 "updated": "2026-11-10",
 "zip_codes_served": 89,
 "quick_answer": "As of November 2026, for a typical 1,800 sq ft gas-heated home on The Narragansett Electric Co electricity rates in Rhode Island that needs a new furnace and AC: It depends on your quotes. A high-efficiency cold-climate heat pump saves about $380 a year to run, so it comes out ahead over 15 years if its quote is no more than $5,800 above the quote for a new furnace and AC.",
 "verdict": "depends on quotes",
 "verdict_code": "depends",
 "assumptions": {
  "floor_area_sqft": 1800,
  "insulation": "average",
  "scenario": "furnace and AC both need replacing",
  "heating_fuel": "gas",
  "lifetime_years": 15
 },
 "electricity": {
  "price_per_kwh_typical_bill": 0.254,
  "winter_extra_kwh_price": 0.2414,
  "state_average_per_kwh": 0.2954,
  "vs_state_average_pct": -14,
  "source": "utility tariff (U.S. Utility Rate Database)",
  "tariff": "A-16 (Residential Service)",
  "tariff_effective": "2025-07-01",
  "note": "Electricity: A-16 (Residential Service) tariff for The Narragansett Electric Co, effective 2025-07-01, from the U.S. Utility Rate Database, applied tier by tier to the extra kWh."
 },
 "climate": {
  "station": "Providence HCN",
  "heating_degree_days": 5478,
  "cooling_degree_days": 812,
  "normals": "NOAA 1991-2020"
 },
 "heating_fuel": {
  "default": "gas",
  "price_per_therm_gas": 2.145,
  "local_mix": {
   "electric": 0.121,
   "gas": 0.535,
   "oil": 0.272,
   "other": 0.024,
   "propane": 0.048
  }
 },
 "heat_pump": {
  "option": "High-efficiency cold-climate heat pump",
  "annual_saving_vs_like_for_like": 384,
  "break_even_quote_gap": 5766
 },
 "options": [
  {
   "id": "like",
   "option": "New gas furnace + new AC",
   "installed_typical": 12098,
   "installed_low": 9468,
   "installed_high": 14728,
   "rebates": 0,
   "energy_cost_per_year": 1484,
   "electricity_kwh_per_year": 1501,
   "fuel_per_year": "523 therms",
   "total_15_years": 34364
  },
  {
   "id": "hp",
   "option": "Heat pump (replaces both)",
   "installed_typical": 12098,
   "installed_low": 8416,
   "installed_high": 15780,
   "rebates": 0,
   "energy_cost_per_year": 1393,
   "electricity_kwh_per_year": 5770,
   "fuel_per_year": null,
   "total_15_years": 32992
  },
  {
   "id": "hp_cold",
   "option": "High-efficiency cold-climate heat pump",
   "installed_typical": 15780,
   "installed_low": 11572,
   "installed_high": 21040,
   "rebates": 0,
   "energy_cost_per_year": 1100,
   "electricity_kwh_per_year": 4556,
   "fuel_per_year": null,
   "total_15_years": 32280
  }
 ],
 "rebates_checked": false,
 "rebate_programs": [],
 "license": "https://creativecommons.org/licenses/by/4.0/",
 "citation": "MeterWise, \"Heat pump vs. gas furnace and AC on The Narragansett Electric Co rates (RI)\", updated 2026-11-10, https://meterwise.app/ri/the-narragansett-electric-co/heat-pump-vs-furnace/"
}