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Cost to run a heat pump in Tennessee (June 2026 rates)

At 14.07¢ per kilowatt-hour — Tennessee's average residential price in June 2026 — running a heat pump costs $304 a year. That is 23% less than the national average of $396. Tennessee's residential rate is up 1.8% from June 2025, which moves this appliance from $299 to $304 a year.

Per hour
20.3¢
Per day of use
$2.03
Per month
$25.33
Per year
$304

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.

How Tennessee compares

Tennessee pays 14.07¢/kWh, the 5th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $92.23 less a year than the typical U.S. household pays for the same use. Running the same heat pump costs $283 a year in Nevada and $1,139 in Hawaii, so where you live changes this bill by $856 a year.

StateRatePer monthPer year
Utah13.37¢$24.07$289
Louisiana13.49¢$24.28$291
Tennessee14.07¢$25.33$304
North Dakota14.12¢$25.42$305
Arkansas14.12¢$25.42$305

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

What else costs about the same in Tennessee

Cutting the number down

Questions

How much does a heat pump cost per month in Tennessee?
About $25.33 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 14.07¢/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?
Tennessee has the 5th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $396 a year.