# Is a heat pump worth it in New Hampshire? Compare by electric utility

> As of November 2026: of 3 New Hampshire electric utilities, a heat pump comes out ahead at any quote for 3,
> it depends on quotes for 0, and like-for-like comes out ahead for 0
> (typical 1,800 sq ft home replacing both furnace and AC).

- New Hampshire average residential electricity: 27.0¢/kWh (EIA, last 12 months)
- Winter gas: $1.86/therm (EIA, Nov–Mar)
- Interactive page: https://meterwise.app/nh/

## 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.

## Utilities

"Heat pump vs. furnace + AC" is the heat pump's yearly running cost difference (− = cheaper to run).

| Utility | Price/kWh | vs. state | Default fuel | Heat pump vs. furnace + AC | Verdict |
|---|---|---|---|---|---|
| [Eversource (Public Service of New Hampshire)](https://meterwise.app/nh/eversource-public-service-of-new-hampshire/heat-pump-vs-furnace/index.md) | 24.4¢ | -10% | heating oil | −$2,240 | heat pump ahead at any quote |
| [New Hampshire Elec Coop Inc](https://meterwise.app/nh/new-hampshire-elec-coop-inc/heat-pump-vs-furnace/index.md) | 23.8¢ | -12% | heating oil | −$2,340 | heat pump ahead at any quote |
| [Unitil Energy Systems](https://meterwise.app/nh/unitil-energy-systems/heat-pump-vs-furnace/index.md) | 23.3¢ | -14% | heating oil | −$2,330 | heat pump ahead at any quote |

Data: https://meterwise.app/data/v1/utilities.json · Method: https://meterwise.app/about/index.md