WattFigure

Home › Heat pump › Tennessee

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

At 13.71¢ per kilowatt-hour — Tennessee's average residential price in July 2026 — running a heat pump costs $296 a year. That is 25% less than the national average of $395. Tennessee's residential rate is up 3.8% from July 2025, which moves this appliance from $285 to $296 a year.

Per hour
19.7¢
Per day of use
$1.97
Per month
$24.68
Per year
$296

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 Tennessee compares

Tennessee pays 13.71¢/kWh, the 5th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $99.36 less 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
Utah13.12¢$23.62$283
North Dakota13.41¢$24.14$290
Tennessee13.71¢$24.68$296
Idaho13.73¢$24.71$297
Nebraska13.78¢$24.80$298

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 $24.68 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 13.71¢/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 $395 a year.