Heat pump vs. furnace in Wisconsin 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
18.8¢/kWh
Wisconsin residential, last 12 months
Winter gas
$1.10/therm
Nov–Mar average (EIA)
Utilities covered
15
Heat pump ahead at any quote for 3
Statewide rebates
Not checked yet
Numbers leave rebates out
What to know about the Wisconsin numbers
- Rebates not checked yet. We haven't checked heat pump rebates in Wisconsin 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. 75% of Wisconsin 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. One utility's tariff 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.
15 utilities
-
Alliant Energy (Wisconsin Power & Light)
17.9¢/kWh-5% vs. stateDepends on quotes -
We Energies (Wisconsin Electric Power)
21.1¢/kWh+12% vs. stateDepends on quotes -
Xcel Energy (Northern States Power Wisconsin)
15.6¢/kWh-17% vs. stateDepends on quotes -
WPS (Wisconsin Public Service)
16.1¢/kWh-14% vs. stateDepends on quotes -
Madison Gas & Electric Co
20.3¢/kWh+8% vs. stateDepends on quotes -
Adams-Columbia Electric Coop
17.6¢/kWh-6% vs. stateDepends on quotes -
Scenic Rivers Energy Coop
15.2¢/kWh-19% vs. stateDepends on quotes -
Barron Electric Coop
15.7¢/kWh-16% vs. stateHeat pump ahead -
Oakdale Electric Coop
15.9¢/kWh-16% vs. stateDepends on quotes -
Rock Energy Cooperative
14.5¢/kWh-23% vs. stateDepends on quotes -
Polk-Burnett Electric Coop
15.9¢/kWh-15% vs. stateDepends on quotes -
Riverland Energy Cooperative
16.3¢/kWh-13% vs. stateDepends on quotes -
Dahlberg Light & Power Co
12.6¢/kWh-33% vs. stateDepends on quotes -
North Central Power Co Inc
15.7¢/kWh-16% vs. stateHeat pump ahead -
Northwestern Wisconsin Elec Co
13.8¢/kWh-26% vs. stateHeat pump ahead
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