Heat Pump vs Furnace Calculator

Heat pump or gas furnace — which is cheaper to run?

This tool estimates the annual heating cost of an electric heat pump versus a gas furnace using your square footage, climate, electricity rate, and gas price. The cheaper option depends heavily on local energy prices.

Frequently asked questions

Is a heat pump cheaper than a gas furnace?

It depends on your electricity rate, gas price, and climate. In mild climates with reasonable power rates heat pumps usually win; in very cold areas with cheap gas a furnace can be cheaper to run.