Heat pump vs. furnace in Montana 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

Montana residential, last 12 months

Winter gas

$0.85/therm

Nov–Mar average (EIA)

Utilities covered

9

Heat pump ahead at any quote for 2

Statewide rebates

Not checked yet

Numbers leave rebates out

What to know about the Montana numbers

  • Rebates not checked yet. We haven't checked heat pump rebates in Montana 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 0% of Montana 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.
  • Regional fuel prices. EIA doesn't publish a Montana price for every fuel: heating oil uses the national average. Enter your own price if you heat with it.
9 utilities