What it costs to run it, at your state's electricity rate

How much does it cost to run a heat pump (whole house) in New York?

A 3,500-watt heat pump (whole house) costs about $1.03 an hour in New York, or about $247 a month at 8 hours a day.

Watts shown are while the compressor runs; hours are compressor run time, not thermostat time.

New York electricity averages 29.38¢ per kWh, about 62% more than the U.S. average of 18.19¢. It ranks 47 of 51 from cheapest to most expensive.

Your cost

per hourper dayper monthper year

Cost by wattage

WattageHourDayMonthYear
Low (2,000 W)$0.59$4.70$141$1,716
Typical (3,500 W)$1.03$8.23$247$3,003
High (5,000 W)$1.47$11.75$353$4,289

Day, month and year assume 8 hours of use a day.

Other heating costs

ApplianceTypicalPer month
Space heater1,500 W$106
Oil-filled radiator1,500 W$106
Baseboard heater1,500 W$106
Electric blanket100 W$7.05
Heated mattress pad90 W$6.35
Electric fireplace1,500 W$52.88

Ways to spend less

Monthly cost in every state

StateRatePer month
North Dakota12.36¢$104
Nebraska12.90¢$108
Idaho12.96¢$109
Utah13.16¢$111
Louisiana13.35¢$112
Nevada13.53¢$114
Oklahoma13.58¢$114
Arkansas13.61¢$114
Tennessee13.87¢$117
Montana13.95¢$117
Wyoming13.95¢$117
Missouri13.96¢$117
Iowa14.20¢$119
Kentucky14.27¢$120
Washington14.40¢$121
South Dakota14.50¢$122
North Carolina14.94¢$125
New Mexico15.08¢$127
Mississippi15.19¢$128
Kansas15.21¢$128
Florida15.30¢$129
Georgia15.40¢$129
Oregon15.40¢$129
Arizona15.44¢$130
West Virginia15.47¢$130
South Carolina15.93¢$134
Texas16.06¢$135
Minnesota16.25¢$136
Alabama16.54¢$139
Colorado16.72¢$140
Virginia16.83¢$141
Indiana17.04¢$143
Delaware17.86¢$150
Ohio18.70¢$157
Wisconsin19.00¢$160
Illinois19.22¢$161
Pennsylvania21.04¢$177
Maryland21.30¢$179
Michigan21.53¢$181
Vermont23.95¢$201
New Jersey23.98¢$201
District of Columbia24.66¢$207
New Hampshire26.79¢$225
Alaska27.09¢$228
Connecticut27.97¢$235
Rhode Island29.22¢$245
New York29.38¢$247
Maine29.99¢$252
Massachusetts30.14¢$253
California33.25¢$279
Hawaii46.28¢$389

At 3,500 watts for 8 hours a day, 30 days a month. Rates are average residential prices from the U.S. Energy Information Administration, January–July 2026 (EIA Electric Power Monthly). Your bill's rate may differ, so enter your own in the calculator.