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Cost to run a heat pump in New Hampshire (July 2026 rates)

At 26.60¢ per kilowatt-hour — New Hampshire's average residential price in July 2026 — running a heat pump costs $575 a year. That is 45% more than the national average of $395. New Hampshire's residential rate is up 16.7% from July 2025, which moves this appliance from $492 to $575 a year.

Per hour
38.3¢
Per day of use
$3.83
Per month
$47.88
Per year
$575

Assumption: 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year — 2,160 kWh a year. A mid-size ducted heat pump in heating mode. It moves heat rather than making it, delivering two to four units of heat per unit of electricity until the outdoor temperature drops far enough to trigger backup resistance strips. Use the calculator to swap in the numbers from your own model.

Related calculators: compare it against electric baseboard, and test a quote.

How New Hampshire compares

New Hampshire pays 26.60¢/kWh, the 8th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $179 more a year than the typical U.S. household pays for the same use. Running the same heat pump costs $275 a year in Louisiana and $1,037 in Hawaii, so where you live changes this bill by $762 a year.

StateRatePer monthPer year
New Jersey25.19¢$45.34$544
District of Columbia25.21¢$45.38$545
New Hampshire26.60¢$47.88$575
Rhode Island28.29¢$50.92$611
Alaska28.83¢$51.89$623

States ranked by average residential price, cheapest first. See all 51 states for a heat pump.

What else costs about the same in New Hampshire

Cutting the number down

Questions

How much does a heat pump cost per month in New Hampshire?
About $47.88 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 26.60¢/kWh.
How many kilowatt-hours does a heat pump use?
Roughly 2,160 kWh a year under these assumptions, or 1.44 kWh for every hour it runs.
Is that expensive compared with other states?
New Hampshire has the 8th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $395 a year.