Heat pump vs. furnace in Ohio 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

18.4¢/kWh

Ohio residential, last 12 months

Winter gas

$1.20/therm

Nov–Mar average (EIA)

Utilities covered

17

Heat pump ahead at any quote for 0

Statewide rebates

Not checked yet

Numbers leave rebates out

What to know about the Ohio numbers

  • Rebates not checked yet. We haven't checked heat pump rebates in Ohio 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 Ohio 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.
  • Supplier choice. Many Ohio 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.
  • Older gas price. EIA's Ohio residential gas price stops at May 2026. Enter your own price from a winter bill for a closer answer.
17 utilities