Heat Pump Savings Calculator
Estimate annual savings from switching to a heat pump. Compare heating and cooling costs against furnace, AC, and other HVAC systems.
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10-Year Net Savings
Frequently Asked Questions
How much can I save by switching to a heat pump?▾
Savings depend on your climate, current heating system, and local energy prices. Heat pumps are 2-3x more efficient than electric resistance heating and can significantly reduce costs compared to oil or propane furnaces.
What is the COP or HSPF rating?▾
COP (Coefficient of Performance) and HSPF (Heating Seasonal Performance Factor) measure heat pump efficiency. A higher number means more heat output per unit of electricity. Modern heat pumps achieve COP ratings of 3-4.
Are there rebates available for heat pumps?▾
Yes. The federal Inflation Reduction Act offers up to $8,000 in heat pump rebates for qualifying households, and many states and utilities offer additional incentives.
Is my data safe?▾
Yes. All calculations happen entirely in your browser. No data is ever sent to a server.