# Is a heat pump worth it in Rhode Island? Compare by electric utility

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

- Rhode Island average residential electricity: 29.5¢/kWh (EIA, last 12 months)
- Winter gas: $2.15/therm (EIA, Nov–Mar)
- Interactive page: https://meterwise.app/ri/

## What to know about the Rhode Island numbers

- **Rebates not checked yet**: We haven't checked heat pump rebates in Rhode Island 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.
- **Supplier choice**: Many Rhode Island 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 |
|---|---|---|---|---|---|
| [The Narragansett Electric Co](https://meterwise.app/ri/the-narragansett-electric-co/heat-pump-vs-furnace/index.md) | 25.4¢ | -14% | gas | −$380 | depends on quotes |

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