# Heat pump vs. gas furnace and AC on Johnson County Rural E M C rates (IN)

> **Quick answer** (updated 2026-11-10): As of November 2026, for a typical 1,800 sq ft gas-heated home on Johnson County Rural E M C electricity rates in Indiana that needs a new furnace and AC: It depends on your quotes. A heat pump saves about $70 a year to run, so it comes out ahead over 15 years if its quote is no more than $1,100 above the quote for a new furnace and AC.

- Verdict: **depends on quotes**
- Heat pump yearly running cost vs. a new gas furnace and AC: $80 less
- Break-even quote gap: the heat pump wins over 15 years if its quote is no more than $1,100 above the like-for-like quote
- Interactive calculator (change size, insulation, fuel, prices, ZIP): https://meterwise.app/in/johnson-county-rural-e-m-c/heat-pump-vs-furnace/
- Machine-readable data: https://meterwise.app/data/v1/utilities/in/johnson-county-rural-e-m-c.json

## Typical home: costs by option

1,800 sq ft, average insulation, heating with gas, furnace and AC both need replacing.

| Option | Installed (typical) | Installed range | Rebates | Energy per year | 15-year total |
|---|---|---|---|---|---|
| New gas furnace + new AC | $11,440 | $8,960–$13,930 | – | $790 | $23,300 |
| Heat pump (replaces both) | $11,440 | $7,960–$14,930 | – | $720 | $22,200 |
| High-efficiency cold-climate heat pump | $14,930 | $10,950–$19,900 | – | $550 | $23,100 |

## Inputs

- Electricity: Johnson County Rural E M C's average residential price in IN (EIA), $0.138/kWh; the winter price of extra kWh is estimated at $0.102/kWh. Enter your own rate for a closer answer. Typical-bill price 13.8¢/kWh, -19% vs. the Indiana average of 17.0¢/kWh.
- Weather: Franklin Wwtp, 5,752 heating and 897 cooling degree days a year (NOAA 1991-2020 normals).
- Gas: $1.07/therm (Indiana winter average, EIA); propane $2.57/gallon; heating oil $6.15/gallon.
- Homes in this utility's Indiana area heat with gas 55%, electricity 36%, propane 7%, other 2% (U.S. Census Bureau ACS 2019-2023).
- Installed prices: published study ranges, scaled for home size and Indiana HVAC installer wages (BLS).
- Rebates: not yet checked in Indiana, so not included.

## Common questions

**Is a heat pump worth it for Johnson County Rural E M C customers?**
As of November 2026, for a typical 1,800 sq ft gas-heated home on Johnson County Rural E M C electricity rates in Indiana that needs a new furnace and AC: It depends on your quotes. A heat pump saves about $70 a year to run, so it comes out ahead over 15 years if its quote is no more than $1,100 above the quote for a new furnace and AC.

**How much does a heat pump cost to run on Johnson County Rural E M C's rates?**
About $720 a year for heating and cooling with the Heat pump (replaces both) option, against $790 for New gas furnace + new AC.

**What electricity price does this use?**
Electricity: Johnson County Rural E M C's average residential price in IN (EIA), $0.138/kWh; the winter price of extra kWh is estimated at $0.102/kWh. Enter your own rate for a closer answer.

## Method

Heating and cooling need from local weather, floor area and insulation; each option's efficiency (heat pumps lose
efficiency in the cold and use backup heat in cold months) turns that into kWh and fuel; electricity is priced
through the utility's tariff; installed costs come from published ranges. Full method: https://meterwise.app/about/index.md

Estimates for a typical home, not a quote or financial advice.

## Other Indiana utilities

- [Bartholomew County Rural E M C](https://meterwise.app/in/bartholomew-county-rural-e-m-c/heat-pump-vs-furnace/index.md)
- [Daviess Martin County R E M C](https://meterwise.app/in/daviess-martin-county-r-e-m-c/heat-pump-vs-furnace/index.md)
- [Decatur County Rural E M C](https://meterwise.app/in/decatur-county-rural-e-m-c/heat-pump-vs-furnace/index.md)
- [Dubois Rural Electric Coop Inc](https://meterwise.app/in/dubois-rural-electric-coop-inc/heat-pump-vs-furnace/index.md)
- [NineStar Connect](https://meterwise.app/in/ninestar-connect/heat-pump-vs-furnace/index.md)
- [Harrison County Rural E M C](https://meterwise.app/in/harrison-county-rural-e-m-c/heat-pump-vs-furnace/index.md)
- [Hendricks County Rural E M C](https://meterwise.app/in/hendricks-county-rural-e-m-c/heat-pump-vs-furnace/index.md)
- [AES Indiana](https://meterwise.app/in/aes-indiana/heat-pump-vs-furnace/index.md)
- [Indiana Michigan Power (I&M)](https://meterwise.app/in/indiana-michigan-power-i-and-m/heat-pump-vs-furnace/index.md)
- [Jackson County Rural E M C](https://meterwise.app/in/jackson-county-rural-e-m-c/heat-pump-vs-furnace/index.md)
- [Kankakee Valley Rural E M C](https://meterwise.app/in/kankakee-valley-rural-e-m-c/heat-pump-vs-furnace/index.md)
- [South Central Indiana REMC](https://meterwise.app/in/south-central-indiana-remc/heat-pump-vs-furnace/index.md)
- [All Indiana utilities](https://meterwise.app/in/index.md)

## Cite this page

MeterWise, "Heat pump vs. gas furnace and AC on Johnson County Rural E M C rates (IN)", updated 2026-11-10, https://meterwise.app/in/johnson-county-rural-e-m-c/heat-pump-vs-furnace/. Data licensed CC BY 4.0.