Heat pump vs. furnace in Florida by electric utility

What to know about the Florida numbers

• Rebates not checked yet. We haven't checked heat pump rebates in Florida yet, so the numbers here leave them out. Utility and state programs can take thousands off a heat pump, so ask your utility and your contractor what's available.
• Some average prices. 61% of Florida ZIP codes here are priced on a current utility tariff; the rest use the utility's average price from the U.S. Energy Information Administration (about two years old). Each utility page says which.
• Time-of-use rates. One utility's tariff here charge different prices by time of day. We assume heating and cooling use is spread evenly across the day, which can be off if most of yours falls in peak hours.
• Regional fuel prices. EIA doesn't publish a Florida price for every fuel: heating oil uses the regional average. Enter your own price if you heat with it.
• Older gas price. EIA's Florida residential gas price stops at December 2025. Enter your own price from a winter bill for a closer answer.