Real Estate & Mortgage
Heat Pump vs Gas Furnace Cost
Compare the annual operating cost of a heat pump versus a gas furnace for home heating.
Your inputs
Change any value to update the result instantly.
Heat pump vs furnace savings
-62.2877
Annual gas furnace cost
1,031.5789
Annual heat pump cost
1,093.8667
10-year savings
-622.8772
Formula and working
Annual cost = (Heating load ÷ Efficiency/COP) × Fuel price
- 1
Collect the inputs
Annual heating load (therms equivalent) = 700 therms; Gas furnace efficiency (AFUE %) = 95; Gas price per therm = 1.4; Heat pump COP (coefficient of performance) = 3; Electricity price per kWh = 0.16
- 2
Apply the formula
Annual cost = (Heating load ÷ Efficiency/COP) × Fuel price
- 3
Result
Heat pump vs furnace savings = -62.2877
Frequently asked questions
Important limitation
This is an educational estimate based only on the values and formula shown. Verify current rates, rules, units, and professional standards before relying on the result. It is not personalized financial or investment advice.
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