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Cost to run a heat pump in Montana (August 2026 rates)

At 15.57¢ per kilowatt-hour — Montana's average residential price in August 2026 — running a heat pump costs $336 a year. That is 14% less than the national average of $392. Montana's residential rate is up 9.0% from August 2025, which moves this appliance from $309 to $336 a year.

Per hour
22.4¢
Per day of use
$2.24
Per month
$28.03
Per year
$336

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 Montana compares

Montana pays 15.57¢/kWh, the 19th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $55.94 less a year than the typical U.S. household pays for the same use. Running the same heat pump costs $275 a year in Nevada and $1,019 in Hawaii, so where you live changes this bill by $744 a year.

StateRatePer monthPer year
South Dakota15.15¢$27.27$327
Kansas15.47¢$27.85$334
Montana15.57¢$28.03$336
South Carolina15.76¢$28.37$340
Georgia15.90¢$28.62$343

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

What else costs about the same in Montana

Cutting the number down

Questions

How much does a heat pump cost per month in Montana?
About $28.03 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 15.57¢/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?
Montana has the 19th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $392 a year.