Heat pump vs. furnace in New Hampshire 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

27.0¢/kWh

New Hampshire residential, last 12 months

Winter gas

$1.86/therm

Nov–Mar average (EIA)

Utilities covered

3

Heat pump ahead at any quote for 3

Statewide rebates

Not checked yet

Numbers leave rebates out

What to know about the New Hampshire numbers

  • Rebates not checked yet. We haven't checked heat pump rebates in New Hampshire 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. 58% of New Hampshire 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.
  • Supplier choice. Many New Hampshire 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.
3 utilities