Heat Pump vs Furnace Calculator

Compare the yearly heating cost of an electric heat pump against a gas furnace from your heat demand, COP, efficiency and fuel rates. Calculates in your browser.

Cheaper option

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Heat pump cost/year-
Furnace cost/year-
Annual savings-

Show the math

A heat pump's COP multiplies electricity into heat; a furnace burns gas at its efficiency:

heat pump $ = (demand ÷ COP) × elec rate

furnace $ = (demand ÷ eff ÷ 29.3) × gas rate

1 therm ≈ 29.3 kWh of heat. A COP of 3 means 3 kWh of heat per kWh of electricity. All math runs in your browser.

What this does

A heat pump vs furnace calculator compares the yearly heating cost of an electric heat pump against a gas furnace from your heat demand, COP, efficiency, and fuel rates.

How to use it

  1. Enter your annual heat demand.
  2. Enter the heat pump COP.
  3. Enter the furnace efficiency.
  4. Enter electricity and gas rates.

How it works

COP is the heat delivered per unit of electricity — a COP of 3 gives 3 kWh of heat per kWh of power. The cheaper option depends on local rates.

heat pump = (demand ÷ COP) × elec rate; furnace = (demand ÷ eff) × gas rate

Understanding your result

The cheaper option hinges on your local electricity and gas rates together with the heat pumps COP, the heat delivered per unit of power. A high COP and cheap electricity favour the heat pump, but COP falls in very cold weather, so plug in your actual rates and a realistic cold-climate COP rather than the headline figure before deciding.

Example

At a COP of 3, a heat pump often beats a gas furnace where electricity is cheap.

Sources & methodology

Last updated .

Frequently asked questions

Which is cheaper, a heat pump or a furnace?

It depends on local rates. A heat pump cost is (demand \u00f7 COP) \u00d7 electricity rate; a furnace is (demand \u00f7 efficiency) in therms \u00d7 gas rate. The tool picks the cheaper.

What is COP?

Coefficient of performance \u2014 the heat delivered per unit of electricity. A COP of 3 means 3 kWh of heat for every 1 kWh of power.

Is my data stored?

No. Everything is calculated locally in your browser.