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What the current system costs vs a heat pump

Physics and the homeowner's own prices. Reference defaults are prefilled and editable; every result is an estimate, never a quote.

State

Conditioned square feet

Current system

System age

Fuel price ($/gallon)

Electricity rate ($/kWh)

Estimated $933 per year lower with a heat pump

Oil boiler today

$1,783/yr

about 451 gallons

Cold-climate heat pump

$850/yr

about 4,800 kWh at seasonal COP 3.08

Basis: estimated. State heating-intensity reference model, AFUE by system age, seasonal COP from HSPF2. Real bills supersede this model.