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

> As of November 2026: of 2 Vermont electric utilities, a heat pump comes out ahead at any quote for 2,
> it depends on quotes for 0, and like-for-like comes out ahead for 0
> (typical 1,800 sq ft home replacing both furnace and AC).

- Vermont average residential electricity: 24.0¢/kWh (EIA, last 12 months)
- Winter gas: $1.62/therm (EIA, Nov–Mar)
- Interactive page: https://meterwise.app/vt/

## What to know about the Vermont numbers

- **Rebates not checked yet**: We haven't checked heat pump rebates in Vermont 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.
- **Some average prices**: 74% of Vermont 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.

## 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 |
|---|---|---|---|---|---|
| [Green Mountain Power](https://meterwise.app/vt/green-mountain-power/heat-pump-vs-furnace/index.md) | 24.5¢ | +2% | heating oil | −$2,610 | heat pump ahead at any quote |
| [Vermont Electric Cooperative, Inc](https://meterwise.app/vt/vermont-electric-cooperative-inc/heat-pump-vs-furnace/index.md) | 23.3¢ | -3% | heating oil | −$2,670 | heat pump ahead at any quote |

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