MeterWise

Heat pump vs. furnace in Virginia 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

16.7¢/kWh

Virginia residential, last 12 months

Winter gas

$1.62/therm

Nov–Mar average (EIA)

Utilities covered

13

Heat pump ahead at any quote for 11

Statewide rebates

None

No general program found

What to know about the Virginia numbers

  • Some average prices. 63% of Virginia 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.
  • 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.
13 utilities