Heat pump vs. furnace in Georgia by electric utility

The answer depends on your electric utility. Pick yours to see the numbers for your rates, your weather and the rebates you can get.

Average electricity

15.1¢/kWh

Georgia residential, last 12 months

Winter gas

$1.62/therm

Nov–Mar average (EIA)

Utilities covered

34

Heat pump ahead at any quote for 17

Statewide rebates

Not checked yet

Numbers leave rebates out

What to know about the Georgia numbers

  • Rebates not checked yet. We haven't checked heat pump rebates in Georgia 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. 53% of Georgia 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. 3 utilities' tariffs 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 Georgia price for every fuel: heating oil uses the regional average. Enter your own price if you heat with it.
34 utilities