Heat pump vs. furnace in South Carolina 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
15.8¢/kWh
South Carolina residential, last 12 months
Winter gas
$1.63/therm
Nov–Mar average (EIA)
Utilities covered
20
Heat pump ahead at any quote for 11
Statewide rebates
Not checked yet
Numbers leave rebates out
What to know about the South Carolina numbers
- Rebates not checked yet. We haven't checked heat pump rebates in South Carolina 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 47% of South Carolina 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.
- Time-of-use rates. 3 utilities' tariffs here charge different prices by time of day. We assume heating and cooling use is spread evenly across the day, which can be off if most of yours falls in peak hours.
- Regional fuel prices. EIA doesn't publish a South Carolina price for every fuel: propane uses the regional average and heating oil uses the regional average. Enter your own price if you heat with it.
20 utilities
-
Dominion Energy South Carolina
18.6¢/kWh+18% vs. stateHeat pump ahead -
Duke Energy Carolinas
16.2¢/kWh≈ state avgDepends on quotes -
Duke Energy Progress
14.9¢/kWh-6% vs. stateHeat pump ahead -
Aiken Electric Coop Inc
15.4¢/kWh≈ state avgHeat pump ahead -
Blue Ridge Electric Coop Inc
18.9¢/kWh+20% vs. stateDepends on quotes -
Berkeley Electric Coop Inc
14.9¢/kWh-6% vs. stateHeat pump ahead -
Black River Electric Coop, Inc
13.5¢/kWh-15% vs. stateDepends on quotes -
Fairfield Electric Coop, Inc
14.3¢/kWh-9% vs. stateDepends on quotes -
Edisto Electric Coop, Inc
16.4¢/kWh+4% vs. stateHeat pump ahead -
Broad River Electric Coop, Inc
15.9¢/kWh≈ state avgHeat pump ahead -
Laurens Electric Coop, Inc
14.7¢/kWh-7% vs. stateDepends on quotes -
Palmetto Electric Coop Inc
12.8¢/kWh-19% vs. stateDepends on quotes -
Horry Electric Coop Inc
13.2¢/kWh-16% vs. stateHeat pump ahead -
York Electric Coop Inc
12.7¢/kWh-20% vs. stateDepends on quotes -
Lynches River Elec Coop, Inc
15.7¢/kWh≈ state avgHeat pump ahead -
Mid-Carolina Electric Coop Inc
14.9¢/kWh-6% vs. stateHeat pump ahead -
Tri-County Electric Coop, Inc (SC)
18.5¢/kWh+17% vs. stateHeat pump ahead -
Newberry Electric Coop, Inc
16.3¢/kWh+3% vs. stateDepends on quotes -
Lockhart Power Co
13.4¢/kWh-15% vs. stateDepends on quotes -
South Carolina Public Service Authority
11.4¢/kWh-28% vs. stateHeat pump ahead
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