This calculator is designed to estimate the cost difference between various heating and cooling systems. Adjust the seasonal monthly bill amounts to align with your usage to refine the estimate for your situation. This is only an estimate, be sure to work with a professional contractor to ensure you get a properly sized heat pump.
*Disclaimer: This tool is only intended to provide an estimate of how a heat pump installation may impact your electricity bill. Actual results will vary. Users may not realize similar bill reductions. Data is subject to change without notice. This electricity bill calculation is only an estimate and may not include all applicable fees and taxes. Electricity rates change periodically. We do not warrant, represent, or guarantee that this data is accurate. In no event shall CPA or its suppliers be liable for any special, indirect or consequential damages or any damages whatsoever, including, but not limited to claims associated with the accuracy of this data or information. Get additional estimates before making a decision to purchase a heat pump system. We do not recommend or endorse any installation contractors. Be sure to get multiple quotes, check references and ask for licensing and insurance information when engaging with a contractor. The default estimated payback time does not include incentives, including state and federal tax rebates.