# Heat pump vs. gas furnace and AC on Overton Power District No 5 rates (NV)

> **Quick answer** (updated 2026-11-10): As of November 2026, for a typical 1,800 sq ft gas-heated home on Overton Power District No 5 electricity rates in Nevada that needs a new furnace and AC: It depends on your quotes. A heat pump saves about $120 a year to run, so it comes out ahead over 15 years if its quote is no more than $1,800 above the quote for a new furnace and AC.

- Verdict: **depends on quotes**
- Heat pump yearly running cost vs. a new gas furnace and AC: $120 less
- Break-even quote gap: the heat pump wins over 15 years if its quote is no more than $1,800 above the like-for-like quote
- Interactive calculator (change size, insulation, fuel, prices, ZIP): https://meterwise.app/nv/overton-power-district-no-5/heat-pump-vs-furnace/
- Machine-readable data: https://meterwise.app/data/v1/utilities/nv/overton-power-district-no-5.json

## Typical home: costs by option

1,800 sq ft, average insulation, heating with gas, furnace and AC both need replacing.

| Option | Installed (typical) | Installed range | Rebates | Energy per year | 15-year total |
|---|---|---|---|---|---|
| New gas furnace + new AC | $11,450 | $8,960–$13,940 | – | $610 | $20,600 |
| Heat pump (replaces both) | $11,450 | $7,970–$14,940 | – | $490 | $18,800 |
| High-efficiency cold-climate heat pump | $14,940 | $10,960–$19,920 | – | $370 | $20,500 |

## Inputs

- Electricity: Overton Power District No 5's average residential price in NV (EIA), $0.107/kWh; the winter price of extra kWh is estimated at $0.087/kWh. Enter your own rate for a closer answer. Typical-bill price 10.7¢/kWh, -22% vs. the Nevada average of 13.7¢/kWh.
- Weather: Overton, 2,067 heating and 3,443 cooling degree days a year (NOAA 1991-2020 normals).
- Gas: $0.97/therm (Nevada winter average, EIA); propane $2.69/gallon; heating oil $6.15/gallon.
- Homes in this utility's Nevada area heat with electricity 62%, gas 34%, other 3%, propane 2% (U.S. Census Bureau ACS 2019-2023).
- Installed prices: published study ranges, scaled for home size and Nevada HVAC installer wages (BLS).
- Rebates: not yet checked in Nevada, so not included.

## Common questions

**Is a heat pump worth it for Overton Power District No 5 customers?**
As of November 2026, for a typical 1,800 sq ft gas-heated home on Overton Power District No 5 electricity rates in Nevada that needs a new furnace and AC: It depends on your quotes. A heat pump saves about $120 a year to run, so it comes out ahead over 15 years if its quote is no more than $1,800 above the quote for a new furnace and AC.

**How much does a heat pump cost to run on Overton Power District No 5's rates?**
About $490 a year for heating and cooling with the Heat pump (replaces both) option, against $610 for New gas furnace + new AC.

**What electricity price does this use?**
Electricity: Overton Power District No 5's average residential price in NV (EIA), $0.107/kWh; the winter price of extra kWh is estimated at $0.087/kWh. Enter your own rate for a closer answer.

## Method

Heating and cooling need from local weather, floor area and insulation; each option's efficiency (heat pumps lose
efficiency in the cold and use backup heat in cold months) turns that into kWh and fuel; electricity is priced
through the utility's tariff; installed costs come from published ranges. Full method: https://meterwise.app/about/index.md

Estimates for a typical home, not a quote or financial advice.

## Other Nevada utilities

- [Mt Wheeler Power, Inc](https://meterwise.app/nv/mt-wheeler-power-inc/heat-pump-vs-furnace/index.md)
- [Nevada Power Co](https://meterwise.app/nv/nevada-power-co/heat-pump-vs-furnace/index.md)
- [Sierra Pacific Power Co](https://meterwise.app/nv/sierra-pacific-power-co/heat-pump-vs-furnace/index.md)
- [Valley Electric Assn, Inc](https://meterwise.app/nv/valley-electric-assn-inc/heat-pump-vs-furnace/index.md)
- [All Nevada utilities](https://meterwise.app/nv/index.md)

## Cite this page

MeterWise, "Heat pump vs. gas furnace and AC on Overton Power District No 5 rates (NV)", updated 2026-11-10, https://meterwise.app/nv/overton-power-district-no-5/heat-pump-vs-furnace/. Data licensed CC BY 4.0.