Heat pump vs. furnace in Maine 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

29.6¢/kWh

Maine residential, last 12 months

Winter gas

$1.74/therm

Nov–Mar average (EIA)

Utilities covered

2

Heat pump ahead at any quote for 2

Statewide rebates

Not checked yet

Numbers leave rebates out

What to know about the Maine numbers

  • Rebates not checked yet. We haven't checked heat pump rebates in Maine 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.
  • Supplier choice. Many Maine households buy their electricity supply from a competitive supplier. We use the utility's standard price; if you buy from a supplier, enter your total price per kWh from your bill.
2 utilities