Heat pump vs. furnace in Kentucky 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
14.0¢/kWh
Kentucky residential, last 12 months
Winter gas
$1.40/therm
Nov–Mar average (EIA)
Utilities covered
21
Heat pump ahead at any quote for 10
Statewide rebates
Not checked yet
Numbers leave rebates out
What to know about the Kentucky numbers
- Rebates not checked yet. We haven't checked heat pump rebates in Kentucky 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.
- Mostly average prices. Only 28% of Kentucky 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, which is about two years old and doesn't show tiers, so the winter price of extra kWh is estimated. Enter the rate from a recent bill for a closer answer.
21 utilities
-
Kentucky Utilities
11.8¢/kWh-15% vs. stateDepends on quotes -
Kentucky Power
14.8¢/kWh+5% vs. stateHeat pump ahead -
Louisville Gas & Electric Co
12.7¢/kWh-10% vs. stateDepends on quotes -
Jackson Energy Coop Corp
13.7¢/kWh≈ state avgHeat pump ahead -
Kenergy Corp
15.0¢/kWh+7% vs. stateDepends on quotes -
Cumberland Valley Electric, Inc.
12.9¢/kWh-8% vs. stateHeat pump ahead -
Big Sandy Rural Elec Coop Corp
13.7¢/kWh≈ state avgHeat pump ahead -
Blue Grass Energy Coop Corp
12.3¢/kWh-12% vs. stateDepends on quotes -
Owen Electric Coop Inc
12.6¢/kWh-10% vs. stateDepends on quotes -
Pennyrile Rural Electric Coop
13.2¢/kWh-6% vs. stateDepends on quotes -
South Kentucky Rural E C C
12.9¢/kWh-8% vs. stateHeat pump ahead -
Inter County Energy Coop Corp
13.7¢/kWh≈ state avgHeat pump ahead -
Salt River Electric Coop Corp
10.9¢/kWh-22% vs. stateDepends on quotes -
Duke Energy Kentucky
13.4¢/kWh-4% vs. stateDepends on quotes -
Farmers Rural Electric Coop Corp
13.1¢/kWh-7% vs. stateHeat pump ahead -
Meade County Rural E C C
14.3¢/kWh≈ state avgHeat pump ahead -
Jackson Purchase Energy Corporation
15.6¢/kWh+12% vs. stateDepends on quotes -
Shelby Energy Coop, Inc
13.2¢/kWh-6% vs. stateDepends on quotes -
Nolin Rural Electric Coop Corp
13.1¢/kWh-7% vs. stateHeat pump ahead -
Grayson Rural Electric Coop Corp
16.1¢/kWh+15% vs. stateHeat pump ahead -
City of Frankfort
11.2¢/kWh-20% vs. stateDepends on quotes
No utility matches. Try part of the name, or search by ZIP code.